The audit log · signal #1246

BPRE insider buy · signal #1246

Director Ramin Kamfar bought $3.3M of Bluerock Private Real Estate Fund (BPRE), filed Oct 21, 2026, 18:21 New York time.

Logged in advance Logged Oct 21, 2026, 22:21 UTC, before its result could be known.

Results

Costs: 10 basis points for buying and selling (0.10%), taken off every result. The benchmark is S&P 500 (SPY), measured from the same entry close to the same later closes. Bad calls stay in the record like every other, and a result that can't be measured counts against the Truth Scores as a miss.

The record

Each entry was written to InsiderBeacon's audit log when it happened; the prices in it are sealed, a commitment standing in for them wherever the log is passed on, and shown here with the salt that opens the seal. Every check below passes.

1. #5124 · PublishedOct 21, 2026, 22:21 UTC

   Insider buy of BPRE, $3.3M, score 45. Costs counted: 10.0 bps a round trip.

   63bedbe7efba59c0fea427f8a21004e2906358b90d53091500e69d49060db00c ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-21
2. #5931 · EntryOct 23, 2026, 07:06 UTC

   Entry price $12.37; benchmark the S&P 500 (SPY) at $763.96, the close of Oct 22, 2026.

   8262a38c47c105a51d58be4cd1b71c3d7a00b497b8228b212aec1f42e7bc09d3 ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-23 · ✓ sealed prices match their commitment Sealed: 4b7588f3344f3eb3c72f744c82853424fb0b412821904f2817ba08267fb94ac0 · salt 0d072672a75cbc67c2465c3b57207ba2 · values {"bpx":763.96,"px":12.37}
3. #6299 · ResultOct 24, 2026, 05:06 UTC

   1 day: price +0.6%, after costs +0.5%; benchmark −0.5%, so +1.1% against it

   45bed9a346f2aee53d3f80ef4ddfa4f93cab9f47a7fd867f6d65d3f62e79d02d ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-24 · ✓ sealed prices match their commitment Sealed: f0e70321825f5a666a1092aff4e58dc21b16078118ee89841232eced440b822c · salt 056fc7969dd04ae6dc60867444fbdbe1 · values {"bench":-0.00522279,"excess":0.01069005,"gross":0.00646726,"net":0.00546726}
4. #10694 · ResultOct 30, 2026, 08:18 UTC

   1 week: price +1.5%, after costs +1.4%; benchmark +0.7%, so +0.7% against it

   4aeab6d14cd0c9f661b93d5f60f6b61a4495831de005128507eda5937c254bee ✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-30 · ✓ sealed prices match their commitment Sealed: f6f74531beef87498b1cc7ad7e35f864403de2c760ec95b94889adf9d80bdee8 · salt 72daa9941d1a447d1d5c2de1c29e52f0 · values {"bench":0.00706843,"excess":0.00729131,"gross":0.01535974,"net":0.01435974}

Checkpoints: Oct 21, 2026, digest 706435d0953a44df584d32a3995897b0942e0c54a544d7ceb9a6c62a279e67ee; Oct 23, 2026, digest 2980dc4bb964d9439f284ef52ad089b4fb52dc0d938a150969255ae320d904af; Oct 24, 2026, digest 34598f82fccd3feaa91beaa0cad2a239a730ff5a72f2c20fef5a483dc201686f; Oct 30, 2026, digest e34aa0cc39f94579a20cbcb9e0c034ea07d8c995d5d84a591c2992de0d1bf02a.

What this proves

That each entry matches its hash and follows the entry logged right before it, and, once its day is over, that it's part of that day's checkpoint, whose digest fixes everything logged up to then. It doesn't prove on its own that the whole log was never rewritten: only a copy of a checkpoint kept outside this site can. No copy is kept outside this site yet, so these checks show the log is consistent, not that it was never rewritten.

Check it yourself

Download these entries with their proofs: /s/1246.json. The audit log page has a short script that checks every hash, every link and every checkpoint, and explains each step.

Source: the SEC filing. Past results don't predict future ones, and nothing here is investment advice.