LIENChicago Atlantic BDC, Inc.Financial Services · Asset Managementas of 2026-09-16
Horizon

Issued 2026-09-16 at $10.22 · now $10.22 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, LIEN has typically landed between $9.18 and $11.53 — a range of −10.2% to +12.8% from the issuance price $10.22.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

1,136 overlapping 1 month windows · 2022-02-042026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($10.22) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where LIEN has typically landed a month from the 2026-09-16 close of $10.22 — the range is history, not a prediction.

$9.18worst · -10.2%$11.53best · +12.8%
  • now $10.22 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $10.16 (-0.6%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $9.74$10.58
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $9.18$11.53
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 1,136 windows spanning 2022-02-04 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2022-04-07−35.9%−35.9%+0.0%
2022-04-01−33.5%−33.5%+1.5%
2022-03-31−32.8%−32.8%+1.5%
3 best
2024-01-26+33.6%−0.2%+33.6%
2024-01-25+33.0%−0.2%+33.0%
2024-01-30+32.1%+0.0%+33.8%

1,136 overlapping windows · 2022-02-042026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~5 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
50%
−3.0%
n=4
Feb
50%
+8.5%
n=4
Mar
0%
−4.7%
n=5
Apr
20%
−4.2%
n=5
May
60%
+0.4%
n=5
Jun
60%
+1.5%
n=5
Jul
60%
−0.9%
n=5
Aug
60%
+6.8%
n=5
Sep
40%
−0.1%
n=5
Oct
50%
+5.0%
n=4
Nov
50%
+2.1%
n=4
Dec
0%
−3.9%
n=4

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$10$92026-08-31: 2 insider purchases, $9K — Colonna Bernardino, Gordon Scott2026-08-28: 1 insider purchase, $3K — Colonna Bernardino2026-08-27: 2 insider purchases, $57K — Gordon Scott, Colonna Bernardino2026-08-26: 2 insider purchases, $31K — Gordon Scott, Colonna Bernardino2026-08-25: 2 insider purchases, $7K — Colonna Bernardino, Gordon Scott2026-08-24: 1 insider purchase, $15K — Gordon Scott2026-08-21: 1 insider purchase, $2K — Gordon Scott2026-08-20: 1 insider purchase, $73K — Gordon Scott2026-08-19: 1 insider purchase, $78K — Gordon Scott2026-08-18: 1 insider purchase, $168K — Gordon Scott2026-08-17: 4 insider purchases, $781K — Mazarakis John, Gordon Scott, Mahajan Umesh, Fazio Gianni James Lezziere2025-09-19: 1 insider purchase, $5K — Sack Peter2025-09: 1 open-market purchase, $5K2026-08: 18 open-market purchases, $1.2M↑ buys↓ salesofficer Colonna Bernardino — Purchase on 2026-08-31, filed 1 day after the tradedirector Gordon Scott — Purchase on 2026-08-31, filed 1 day after the tradeofficer Colonna Bernardino — Purchase on 2026-08-28, filed 4 days after the tradedirector Gordon Scott — Purchase on 2026-08-27, filed same dayofficer Colonna Bernardino — Purchase on 2026-08-27, filed same daydirector Gordon Scott — Purchase on 2026-08-26, filed 1 day after the tradeofficer Colonna Bernardino — Purchase on 2026-08-26, filed 1 day after the tradeofficer Colonna Bernardino — Purchase on 2026-08-25, filed 2 days after the tradedirector Gordon Scott — Purchase on 2026-08-25, filed 2 days after the tradedirector Gordon Scott — Purchase on 2026-08-24, filed same daydirector Gordon Scott — Purchase on 2026-08-21, filed 3 days after the tradedirector Gordon Scott — Purchase on 2026-08-20, filed 4 days after the tradedirector Gordon Scott — Purchase on 2026-08-19, filed same daydirector Gordon Scott — Purchase on 2026-08-18, filed 1 day after the tradedirector Mazarakis John — Purchase on 2026-08-17, filed 2 days after the tradedirector Gordon Scott — Purchase on 2026-08-17, filed 2 days after the tradeofficer Mahajan Umesh — Purchase on 2026-08-17, filed 2 days after the tradeofficer Fazio Gianni James Lezziere — Purchase on 2026-08-17, filed 2 days after the tradedirector Sack Peter — Purchase on 2025-09-19, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-08-31Colonna BernardinoofficerPurchase750 @ $10.25$8K+17.5% of holdingnot yet — horizon still opennot yet — horizon still open5,030Form 4 · filed 1 day after the trade
2026-08-31Gordon ScottdirectorPurchase134 @ $10.22$1K+0.1% of holdingnot yet — horizon still opennot yet — horizon still open96,190Form 4 · filed 1 day after the trade
2026-08-28Colonna BernardinoofficerPurchase250 @ $10.18$3K+6.2% of holdingnot yet — horizon still opennot yet — horizon still open4,280Form 4 · filed 4 days after the trade
2026-08-27Gordon ScottdirectorPurchase5,000 @ $10.19$51K+5.5% of holdingnot yet — horizon still opennot yet — horizon still open96,056Form 4 · filed same day
2026-08-27Colonna BernardinoofficerPurchase600 @ $10.18$6K+17.5% of holdingnot yet — horizon still opennot yet — horizon still open4,030Form 4 · filed same day
2026-08-26Gordon ScottdirectorPurchase2,483 @ $10.15$25K+2.8% of holdingnot yet — horizon still opennot yet — horizon still open91,056Form 4 · filed 1 day after the trade
2026-08-26Colonna BernardinoofficerPurchase600 @ $10.16$6K+21.2% of holdingnot yet — horizon still opennot yet — horizon still open3,430Form 4 · filed 1 day after the trade
2026-08-25Colonna BernardinoofficerPurchase400 @ $10.18$4K+16.5% of holdingnot yet — horizon still opennot yet — horizon still open2,830Form 4 · filed 2 days after the trade
2026-08-25Gordon ScottdirectorPurchase250 @ $10.12$3K+0.3% of holdingnot yet — horizon still opennot yet — horizon still open88,573Form 4 · filed 2 days after the trade
2026-08-24Gordon ScottdirectorPurchase1,520 @ $10.11$15K+1.8% of holdingnot yet — horizon still opennot yet — horizon still open88,323Form 4 · filed same day
2026-08-21Gordon ScottdirectorPurchase195 @ $9.95$2K+0.2% of holdingnot yet — horizon still opennot yet — horizon still open86,803Form 4 · filed 3 days after the trade
2026-08-20Gordon ScottdirectorPurchase7,500 @ $9.70$73K+9.5% of holdingnot yet — horizon still opennot yet — horizon still open86,608Form 4 · filed 4 days after the trade
2026-08-19Gordon ScottdirectorPurchase8,200 @ $9.57$78K+11.6% of holdingnot yet — horizon still opennot yet — horizon still open79,108Form 4 · filed same day
2026-08-18Gordon ScottdirectorPurchase17,584 @ $9.54$168K+33.0% of holdingnot yet — horizon still opennot yet — horizon still open70,908Form 4 · filed 1 day after the trade
2026-08-17Mazarakis JohndirectorPurchase60,000 @ $9.44$566Kownership Δ n/a+10.2%not yet — horizon still open60,000Form 4 · filed 2 days after the trade
2026-08-17Gordon ScottdirectorPurchase18,300 @ $9.54$175K+52.2% of holding+10.2%not yet — horizon still open53,324Form 4 · filed 2 days after the trade
2026-08-17Mahajan UmeshofficerPurchase4,000 @ $9.60$38K+133.5% of holding+10.2%not yet — horizon still open6,997Form 4 · filed 2 days after the trade
2026-08-17Fazio Gianni James LezziereofficerPurchase200 @ $9.55$2Kownership Δ n/a+10.2%not yet — horizon still open200Form 4 · filed 2 days after the trade
2025-09-19Sack PeterdirectorPurchase450 @ $11.23$5K+8.2% of holding−4.8%−4.1%5,918Form 4 · filed 3 days after the trade
2025-07-17Sack PeterdirectorPurchase1,000 @ $10.47$10K+22.4% of holding+2.7%+0.2%5,468Form 4 · filed same day
2025-06-06Mahajan UmeshofficerPurchase1,000 @ $10.30$10K+58.4% of holding+0.8%−5.2%2,712Form 4 · filed 3 days after the trade
2025-06-05Mahajan UmeshofficerPurchase900 @ $10.25$9K+150.0% of holding+5.2%−5.4%1,500Form 4 · filed 4 days after the trade
2025-06-05Mahajan UmeshofficerPurchase212 @ $10.17$2K+14.1% of holding+5.2%−5.4%1,712Form 4 · filed 4 days after the trade
2025-05-29Colonna BernardinoofficerPurchase1,000 @ $10.21$10K+69.9% of holding−0.4%−2.2%2,430Form 4 · filed 1 day after the trade
2025-05-28Sack PeterdirectorPurchase500 @ $10.29$5K+12.6% of holding−2.0%−1.0%4,468Form 4 · filed 5 days after the trade
2025-05-19Sack PeterdirectorPurchase500 @ $10.42$5K+14.4% of holding−2.2%−5.9%3,968Form 4 · filed 3 days after the trade
2025-04-17Sack PeterdirectorPurchase50 @ $10.50$525+1.5% of holding−15.6%−25.3%3,468Form 4 · filed 1 day after the trade
2025-04-10Mahajan UmeshofficerPurchase500 @ $10.73$5Kownership Δ n/a−18.6%−24.2%500Form 4 · filed 4 days after the trade
2025-04-10Sack PeterdirectorPurchase100 @ $10.82$1K+3.0% of holding−18.6%−24.2%3,418Form 4 · filed same day
2025-04-10Mahajan UmeshofficerPurchase100 @ $10.78$1K+20.0% of holding−18.6%−24.2%600Form 4 · filed 4 days after the trade
2025-04-08Sack PeterdirectorPurchase100 @ $10.98$1K+100.0% of holding−21.8%−33.5%200Form 4 · filed 2 days after the trade
2025-04-04Sack PeterdirectorPurchase100 @ $10.70$1Kownership Δ n/a−14.3%−30.8%100Form 4 · filed 4 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

7 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2025-05-19Gordon ScottdirectorOther acquisition214,2863,601,490Form 4
2025-05-19Chicago Atlantic BDC Advisers, LLCtenPercentOwnerOther acquisition214,2863,601,490Form 4
2025-05-19Chicago Atlantic BDC Advisers, LLCtenPercentOwnerOther acquisition714,2862,887,204Form 4
2025-05-19Gordon ScottdirectorOther acquisition714,2862,887,204Form 4
2025-04-09Sack PeterdirectorOther acquisition3,1183,318Form 4
2024-12-19Gordon ScottdirectorOther acquisition684,6113,815,776Form 4
2024-12-19Chicago Atlantic BDC Advisers, LLCtenPercentOwnerOther acquisition684,6113,815,776Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.