Ran Assaf Acquires 10,000 Shares in Manhattan Bridge Capital

Ran Assaf, the President and CEO of Manhattan Bridge Capital, Inc., has made significant stock acquisitions, as detailed in a recent SEC filing. On October 22, 2026, Assaf reported the purchase of a total of 10,000 shares of the company’s common stock. This move is noteworthy as it reflects Assaf's confidence in the company's prospects.

The transactions included purchases at various prices, with the lowest being $3.436 and the highest at $3.4899 per share. Following these transactions, Assaf now holds a total of 1,384,000 shares in Manhattan Bridge Capital. This level of ownership indicates a strong commitment to the company’s growth and stability.

Background

Manhattan Bridge Capital, Inc. is a New York-based company primarily engaged in the real estate investment trust sector. It is classified under the SIC code for Real Estate Investment Trusts. The company focuses on providing short-term loans secured by real estate. As of the latest filing, it operates under the ticker symbol LOAN.

What the Filing Says

The SEC filing indicates that Ran Assaf executed several transactions on October 22, 2026, acquiring shares as follows:

“Transaction of 2000 shares at $3.4746, 1819 shares at $3.4895, 1800 shares at $3.445, 1700 shares at $3.4899, 1600 shares at $3.4675, and 1081 shares at $3.436.”

These transactions were categorized as direct ownership, showing that Assaf is actively investing in the company.

Impact

This update may influence stakeholders, including investors and analysts, who monitor the activities of company executives. Assaf’s increased ownership could be interpreted as a positive sign for the company’s future performance. The filing does not specify how this might affect the broader real estate investment trust industry, but it does suggest that leadership is committed to the company's success.

What's Next

The filing does not say what happens next regarding further transactions or company strategies. However, continued monitoring of insider transactions may provide additional insights into the company’s direction.