Andrew C. Richardson bought $17K of PINE

bought $17.49k of PINE

881 shares @ $19.86

Increased holdings by +9.20%

16th largest trade (out of 39)

Cluster BuyPositive 90D History

Trade made by a director

Part of a cluster of 2 transactions by 2 insiders

Unscheduled trade

60% win rate · +7.9% median edge vs SPY (10 trades, 90-day · small sample)

Price 19% above 200-day moving average

Small Cap stock — insider trades carry more weight

PINEAlpine Income Property Trust, Inc.

Real EstateREIT - Retail

1D0.00%

1W+1.78%

1M+3.15%

3M+5.26%

6M—

1Y—

Recent insider activity at PINE