Form 4 Filing for Richardson Andrew C

This filing details a transaction by Richardson Andrew C, a director at Alpine Income Property Trust, Inc. On July 1, 2026, Mr. Richardson acquired 881 shares of common stock with a par value of $0.01 per share. The acquisition was part of his quarterly retainer fee, with each share valued at $19.8555. This transaction resulted in a post-transaction shareholding of 10,425 shares. The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Policy, which was last amended on January 30, 2025. The valuation was based on the 20-day trailing average closing price as of the last business day of the calendar quarter.