Notice of Proposed Sale · 144

Alpine Income Property Trust, Inc.

Notice of Proposed Sale

Filed Jul 28, 2026Accepted Jul 28, 2026, 1:41 PM EDTFiling CIK 1358969Accession 0001959173-26-005414

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Structured filing — 144

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Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.

Proposed-sale notice

Issuer: Alpine Income Property Trust, Inc.
Issuer CIK: 0001786117
SEC file number: 001-39143
Phone: 407-904-3324
Person for whose account securities are to be sold: Richardson Andrew C
Relationships to issuer: Director
Street: 369 N. NEW YORK AVE.
Street (continued): SUITE 201
City: WINTER PARK
State / country code: FL
Postal code: 32789

Securities proposed for sale

Securities proposed for sale · 1 reported row
Security	Proposed units	Aggregate market value	Units outstanding	Approximate sale date	Exchange	Broker / market maker
Common	2,000	40,390.00	16,524,709	07/28/2026	NYSE	Fidelity Brokerage Services LLC

Broker / market maker — proposed row 1, entry 1

Name: Fidelity Brokerage Services LLC
Street: 245 Summer Street
City: Boston
State / country code: MA
Postal code: 02110

Acquisition of securities to be sold

Acquisition of securities to be sold · 3 reported rows
Security	Acquired	Nature of acquisition	Acquired from	Amount acquired	Gift transaction	Payment date	Nature of payment
Common	04/01/2026	Stock Award	Issuer	932	N	04/01/2026	Compensation
Common	01/02/2026	Stock Award	Issuer	867	N	01/02/2026	Compensation
Common	07/01/2026	Stock Award	Issuer	201	N	07/01/2026	Compensation

Sales reported in the preceding three months

Sales reported in the preceding three months · 4 reported rows
Seller	Security	Sale date	Amount sold	Gross proceeds
Andrew C. Richardson	ALPINE INCOME PROPERTY TRUST	06/25/2026	2,832	54,900.87
Andrew C. Richardson	ALPINE INCOME PROPERTY TRUST	05/26/2026	1,500	29,078.85
Andrew C. Richardson	ALPINE INCOME PROPERTY TRUST	05/22/2026	500	9,435.00
Andrew C. Richardson	ALPINE INCOME PROPERTY TRUST	05/08/2026	3,000	58,036.20

Seller — prior-sale row 1, entry 1

Name: Andrew C. Richardson
Street: 369 N NEW YORK AVE, SUITE 201
City: Water Park
State / country code: FL
Postal code: 32789

Seller — prior-sale row 2, entry 1

Name: Andrew C. Richardson
Street: 369 N NEW YORK AVE, SUITE 201,
City: Water Park
State / country code: FL
Postal code: 32789

Seller — prior-sale row 3, entry 1

Name: Andrew C. Richardson
Street: 369 N NEW YORK AVE, SUITE 201,,
City: Water Park,
State / country code: FL
Postal code: 32789

Seller — prior-sale row 4, entry 1

Name: Andrew C. Richardson
Street: 369 N NEW YORK AVE, SUITE 201,,,
City: Water Park
State / country code: FL
Postal code: 32789

Prior-sale reporting

Nothing to report for the preceding three months: N

Notice signature

Notice date: 07/28/2026
Signed: /s/ Cristina Garcia, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Richardson Andrew C

Company context

Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased commercial income properties that are predominantly leased to high-quality publicly traded and credit-rated tenants. The Company also complements its income property portfolio by strategically investing in a select portfolio of commercial loan investments intended to deliver an attractive risk-adjusted return.

Current securities

PINENYSE · ETF · Current PINE PRANYSE · PREFERRED · Current

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