Chicago Atlantic Real Estate Finance, Inc. (REFI) Insider Ownership

Historic Insider Ownership Trends

REFI's three largest insider shareholders as of May 14, 2026 are Donald E. Gulbrandsen (Co President And Cio, 851.45K shares), Donald E. Gulbrandsen (Co President And Cio, 851.45K shares), John Mazarakis (Executive Chairman, 453.71K shares).

Top Direct Holders

Insider ownership data is derived from the last 60 months of Form 4 SEC filings.
Holder Position Shares (Direct) Shares (Indirect) Report Date
Donald E. Gulbrandsen Co President And Cio 851,445 0 03 Apr, 2024
Donald E. Gulbrandsen Co President And Cio 851,445 0 03 Apr, 2024
John Mazarakis Executive Chairman 453,706 0 22 Apr, 2026
Anthony Cappell Co Chief Executive Officer 421,706 0 22 Apr, 2026
John Mazarakis Executive Chairman 416,607 0 16 Oct, 2025
Andreas Bodmeier President And Cio 391,534 0 03 Apr, 2025
Michael L. Steiner - 274,109 0 03 Apr, 2025
Michael L. Steiner - 274,109 0 03 Apr, 2025
Peter Sack Co Chief Executive Officer 118,356 0 22 Apr, 2026
David Kite President And Coo 96,615 0 22 Apr, 2026
Peter Sack Co Chief Executive Officer 81,257 0 16 Oct, 2025
Phillip Silverman Chief Financial Officer 71,516 0 22 Apr, 2026
Jason D Papastavrou - 55,870 0 22 Apr, 2026
Phillip Silverman Chief Financial Officer 39,054 0 10 Apr, 2025
Brandon Konigsberg - 33,870 0 22 Apr, 2026
Brandon Konigsberg - 27,546 0 16 Oct, 2025
Frederick C Herbst - 19,475 0 03 Apr, 2024
Lindsay Menze Chief Financial Officer 9,675 300 10 Dec, 2021
Lindsay Menze Chief Financial Officer 9,675 300 10 Dec, 2021
Jason D Papastavrou - 0 8,000 16 Oct, 2025
Elizabeth Mary Stavola - 6,324 0 22 Apr, 2026
John Mazarakis Exec. Chairman Of The Board 0 5,000 10 Dec, 2021
John Mazarakis Exec. Chairman Of The Board 0 5,000 10 Dec, 2021

* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.

Recent Insider Transactions

Detailed insider trading activity based on Form 4 SEC filings.
Download Data
Transaction Date Insider Name Security Class Transaction Type Shares Traded Price Shares Remaining Ownership Code
20 Apr, 2026 Elizabeth Mary Stavola Common Stock A 6,324 $0.00 6,324 D A
20 Apr, 2026 Brandon Konigsberg Common Stock A 6,324 $0.00 33,870 D A
20 Apr, 2026 John Mazarakis Common Stock A 37,099 $0.00 453,706 D A
20 Apr, 2026 Phillip Silverman Common Stock A 32,462 $0.00 71,516 D A
20 Apr, 2026 Peter Sack Common Stock A 37,099 $0.00 118,356 D A
20 Apr, 2026 David Kite Common Stock A 37,099 $0.00 96,615 D A
20 Apr, 2026 Jason D Papastavrou Common Stock A 6,324 $0.00 55,870 D A
20 Apr, 2026 Anthony Cappell Common Stock A 37,099 $0.00 421,706 D A
20 Apr, 2026 Brandon Konigsberg Common Stock A 6,324 $0.00 33,870 D A
20 Apr, 2026 David Kite Common Stock A 37,099 $0.00 96,615 D A
20 Apr, 2026 Elizabeth Mary Stavola Common Stock A 6,324 $0.00 6,324 D A
20 Apr, 2026 Peter Sack Common Stock A 37,099 $0.00 118,356 D A
20 Apr, 2026 Phillip Silverman Common Stock A 32,462 $0.00 71,516 D A
20 Apr, 2026 John Mazarakis Common Stock A 37,099 $0.00 453,706 D A
20 Apr, 2026 Anthony Cappell Common Stock A 37,099 $0.00 421,706 D A
20 Apr, 2026 Brandon Konigsberg Common Stock A 6,324 $0.00 33,870 D A
20 Apr, 2026 David Kite Common Stock A 37,099 $0.00 96,615 D A
20 Apr, 2026 Elizabeth Mary Stavola Common Stock A 6,324 $0.00 6,324 D A
20 Apr, 2026 Jason D Papastavrou Common Stock A 6,324 $0.00 55,870 D A
20 Apr, 2026 Jason D Papastavrou Common Stock A 6,324 $0.00 55,870 D A