Robyn Tannenbaum - 20 Nov 2025 Form 4 Insider Report for Advanced Flower Capital Inc. (AFCG)

Role: President and CIO
Signature: /s/ Gabriel A. Katz, as Attorney-in-Fact
Issuer symbol: AFCG
Transactions as of: 20 Nov 2025
Transactions value $: $249,998
Form type: 4
Filing time: 21 Nov 2025, 20:40:53 UTC
Previous filing: 26 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Tannenbaum Robyn	President and CIO	477 S. ROSEMARY AVE., SUITE 301, WEST PALM BEACH	/s/ Gabriel A. Katz, as Attorney-in-Fact	21 Nov 2025	0001842694

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFCG	Common Stock	Award	$250K	+91.2K	+71.47%	$2.74	219K	20 Nov 2025	Direct	F1
holding	AFCG	Common Stock						5.69M	20 Nov 2025	Held by spouse	F2
holding	AFCG	Common Stock						180K	20 Nov 2025	See footnote	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock granted under the Issuer's Stock Incentive Plan that is fully-vested as of November 20, 2025.
F2	The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3	These shares are held by the Tannenbaum Family Foundation (formerly known as the Leonard M. Tannenbaum Foundation), for which the Reporting Person's spouse serves as the President. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest.