Chicago Atlantic Real Estate Finance's three largest insider shareholders as of September 05, 2026 are Donald E. Gulbrandsen (Co President And Cio, 851.45K shares), Donald E. Gulbrandsen (Co President And Cio, 851.45K shares), Donald E. Gulbrandsen (Co President And Cio, 851.45K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Anthony Cappell | Co Chief Executive Officer | 888,412 | 0 | 888,412 | 26.5% | 19 Aug, 2026 |
| 2 | Donald E. Gulbrandsen | Co President And Cio | 851,445 | 0 | 851,445 | 25.4% | 03 Apr, 2024 |
| 3 | John Mazarakis | Executive Chairman | 526,562 | 0 | 526,562 | 15.7% | 28 Aug, 2026 |
| 4 | Andreas Bodmeier | President And Cio | 391,534 | 0 | 391,534 | 11.7% | 03 Apr, 2025 |
| 5 | Michael L. Steiner | Director | 274,109 | 0 | 274,109 | 8.2% | 03 Apr, 2025 |
| 6 | Peter Sack | Co Chief Executive Officer | 123,356 | 0 | 123,356 | 3.7% | 21 Aug, 2026 |
| 7 | David Kite | President And Coo | 96,615 | 0 | 96,615 | 2.9% | 22 Apr, 2026 |
| 8 | Phillip Silverman | Chief Financial Officer | 71,516 | 0 | 71,516 | 2.1% | 22 Apr, 2026 |
| 9 | Jason D Papastavrou | Director | 55,870 | 0 | 55,870 | 1.7% | 22 Apr, 2026 |
| 10 | Brandon Konigsberg | Director | 33,870 | 0 | 33,870 | 1.0% | 22 Apr, 2026 |
| 11 | Frederick C Herbst | Director | 19,475 | 0 | 19,475 | 0.6% | 03 Apr, 2024 |
| 12 | Lindsay Menze | Chief Financial Officer | 9,675 | 300 | 9,975 | 0.3% | 10 Dec, 2021 |
| 13 | Elizabeth Mary Stavola | Director | 6,324 | 0 | 6,324 | 0.2% | 22 Apr, 2026 |
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.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 26 Aug, 2026 | John Mazarakis | Executive Chairman | Acquired P | 40,181 | $10.67 | $428.59K | 519,032 | Direct |
| 27 Aug, 2026 | John Mazarakis | Executive Chairman | Acquired P | 7,530 | $10.67 | $80.35K | 526,562 | Direct |
| 21 Aug, 2026 | John Mazarakis | Executive Chairman | Acquired P | 145 | $10.67 | $1.55K | 478,851 | Direct |
| 18 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 1,500 | $10.43 | $15.65K | 119,856 | Direct |
| 18 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 1,500 | $10.43 | $15.65K | 119,856 | Direct |
| 19 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 1,500 | $10.53 | $15.79K | 121,356 | Direct |
| 19 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 1,500 | $10.53 | $15.79K | 121,356 | Direct |
| 19 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 2,000 | $10.39 | $20.78K | 123,356 | Direct |
| 19 Aug, 2026 | Peter Sack | Co Chief Executive Officer | Acquired P | 2,000 | $10.39 | $20.78K | 123,356 | Direct |
| 17 Aug, 2026 | John Mazarakis | Executive Chairman | Acquired P | 25,000 | $10.25 | $256.33K | 478,706 | Direct |
| 17 Aug, 2026 | Anthony Cappell | Co Chief Executive Officer | Acquired P | 45,000 | $10.41 | $468.23K | 466,706 | Direct |
| 20 Apr, 2026 | Peter Sack | Co Chief Executive Officer | Acquired A | 37,099 | $0.00 | $0 | 118,356 | Direct |
| 20 Apr, 2026 | Phillip Silverman | Chief Financial Officer | Acquired A | 32,462 | $0.00 | $0 | 71,516 | Direct |
| 20 Apr, 2026 | Elizabeth Mary Stavola | Director | Acquired A | 6,324 | $0.00 | $0 | 6,324 | Direct |
| 20 Apr, 2026 | Phillip Silverman | Chief Financial Officer | Acquired A | 32,462 | $0.00 | $0 | 71,516 | Direct |
| 20 Apr, 2026 | Phillip Silverman | Chief Financial Officer | Acquired A | 32,462 | $0.00 | $0 | 71,516 | Direct |
| 20 Apr, 2026 | Brandon Konigsberg | Director | Acquired A | 6,324 | $0.00 | $0 | 33,870 | Direct |
| 20 Apr, 2026 | Jason D Papastavrou | Director | Acquired A | 6,324 | $0.00 | $0 | 55,870 | Direct |
| 20 Apr, 2026 | Elizabeth Mary Stavola | Director | Acquired A | 6,324 | $0.00 | $0 | 6,324 | Direct |
| 20 Apr, 2026 | Elizabeth Mary Stavola | Director | Acquired A | 6,324 | $0.00 | $0 | 6,324 | Direct |