Advanced Flower Capital AFCG Insider Ownership

NASDAQ AFCG

$3.49 +0.06 (+1.75%)

At close: Nov 10, 2026 · 4:00 PM EST

Insider Holdings by Owner

7.83Mn Shares

Leonard M Tannenbaum7.13Mn91.0%

Daniel Neville317.89K4.1%

Robyn Tannenbaum236.91K3.0%

Brandon Hetzel43.50K0.6%

Thomas L Harrison24.54K0.3%

Other insiders (7)81.18K1.0%

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

62.50%

▲+3.15% pp QoQ

Shares Held by Insiders

14.50Mn

filed for Sep 2026

▲+5.31% QoQ

Shares Outstanding

23.20Mn

23,198,863 shares

Direct Holdings

7.76Mn

Indirect: 6.74Mn

Net Open-Market Trades

+595.30K

net bought · $2.06Mn in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Open-Market Insider Trades

Bought Sold

Latest quarter —

Net over range —

Net-buying quarters —

Insider Ownership Summary

Updated Oct 5, 2026

Over the trailing 12 months, AFCG insiders bought $4.34 million worth of shares (1.44Mn shares) in open-market trades, with no open-market sales.

Advanced Flower Capital's open-market purchases in the past 12 months came from 4 insiders; no insider sold.
Among AFCG insiders, Leonard M. Tannenbaum (Director and 10% owner) bought the most stock on the open market in the past 12 months: $4.26 million (1.42Mn shares), most recently on September 30, 2026.
Outside the open market, Advanced Flower Capital insiders received 826.64K shares in stock awards over the past 12 months.
Business Quant data puts insider holdings in AFCG at 14.5Mn shares across insiders' latest Form 4 filings, up 5.31% from 13.77Mn shares at the end of Q2 2026.
Of the 14.5Mn shares held by Advanced Flower Capital insiders, 7.76Mn shares (53.49%) are held directly and 6.74Mn shares (46.51%) indirectly, through trusts, partnerships, family members and other entities.
The insider holdings in Advanced Flower Capital belong to 8 insiders who have reported on Form 4 within the past two years.
AFCG's three largest insider shareholders, per their latest Form 4 filings, are Leonard M. Tannenbaum (Director and 10% owner, 7.29Mn shares), Robyn Tannenbaum (President and CIO, 6.79Mn shares) and Daniel Neville (Chief Executive Officer, 317.89K shares).
Leonard M. Tannenbaum alone accounts for 50.28% of the shares held by Advanced Flower Capital insiders.
Institutions held 18.81% of Advanced Flower Capital's outstanding shares in their Q2 2026 13F filings, insiders about 62.50% based on their latest Form 4 filings, and other investors, including the public, the remaining 18.69%.
Over the past 12 months, 8 insiders reported transactions in Advanced Flower Capital stock in 39 Form 4 filings.
This summary of Advanced Flower Capital insider activity covers Form 4 filings through September 30, 2026.

Form 4 Holdings

Insiders Holding AFCG

Insiders 12

Shares held 7.83Mn

Of outstanding 33.76%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Leonard M Tannenbaum	Executive Chairman; Cio	7,128,114	7,128,114	91.0%	09 Nov, 2026
2	Daniel Neville	Chief Executive Officer	317,889	317,889	4.1%	21 Nov, 2025
3	Robyn Tannenbaum	President And Cio	236,907	236,907	3.0%	09 Nov, 2026
4	Brandon Hetzel	Cfo And Treasurer	43,500	43,500	0.6%	09 Nov, 2026
5	Thomas L Harrison	Director	24,539	24,539	0.3%	24 Nov, 2025
6	Jonathan Gilbert Kalikow	Head Of Real Estate	21,056	21,056	0.3%	05 Jan, 2023
7	Alexander C Frank	Director	16,196	16,196	0.2%	21 Nov, 2025
8	Jodi Hanson Bond	Director	13,253	13,253	0.2%	25 Jan, 2024
9	Marnie Migatz Sudnow	Director	9,511	9,511	0.1%	21 Nov, 2025
10	Robert L Levy	Director	9,511	9,511	0.1%	21 Nov, 2025
11	Brett Kaufman	Cfo And Treasurer	9,211	9,211	0.1%	05 Jan, 2023
12	James C. Fagan	Director	2,441	2,441	0.0%	25 Jan, 2024

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

180 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
06 Nov, 2026	Brandon Hetzel	Cfo And Treasurer	Acquired P	1,500	$3.05	$4.58K	43,500	Direct
06 Nov, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	18,500	$3.08	$56.98K	7,128,114	Direct
06 Nov, 2026	Robyn Tannenbaum	President And Cio	Acquired P	10,000	$3.09	$30.90K	236,907	Direct
28 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	10,673	$3.57	$38.10K	7,024,890	Direct
29 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	40,081	$3.59	$143.89K	7,064,971	Direct
30 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	44,643	$3.63	$162.05K	7,109,614	Direct
24 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	20,000	$3.49	$69.80K	7,008,989	Direct
25 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	5,228	$3.52	$18.40K	7,014,217	Direct
22 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	23,072	$3.49	$80.52K	6,985,518	Direct
23 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	3,471	$3.49	$12.11K	6,988,989	Direct
18 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	10,000	$3.49	$34.90K	6,962,446	Direct
17 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	25,000	$3.50	$87.50K	6,952,446	Direct
15 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	608	$3.50	$2.13K	6,925,105	Direct
16 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	2,341	$3.43	$8.03K	6,927,446	Direct
11 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	15,000	$3.55	$53.25K	6,899,299	Direct
14 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	25,198	$3.50	$88.19K	6,924,497	Direct
10 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	35,000	$3.46	$121.10K	6,884,299	Direct
02 Sep, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	15,223	$3.59	$54.65K	6,849,299	Direct
28 Aug, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	65,752	$3.53	$232.10K	6,780,803	Direct
31 Aug, 2026	Leonard M Tannenbaum	Director, TenPercentOwner	Acquired P	53,273	$3.60	$191.78K	6,834,076	Direct

Showing 1 to 20 of 180 transactions