Andrew C. Richardson bought $17K of PINE

bought $17.49k of PINE

1,192 shares @ $14.67

Increased holdings by +6.60%

19th 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

86% win rate · +9.2% median edge vs SPY (7 trades, 90-day · small sample)

Price 9% below 200-day moving average

Micro Cap stock — higher insider information edge

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