Invesco Advisers, Inc. 4

What Happened

• Invesco Advisers, Inc. (reported as a director by deputization) completed two related transactions in Invesco Real Estate Income Trust: a disposition to the issuer of 5,778.639 Class E shares on 2026-01-30 at $28.12 each (proceeds $162,513), and an acquisition of 11,508.364 Class E shares on 2026-02-01 at $28.12 each (value $323,651).
• The disposition was a repurchase of shares by the issuer; the acquisition represents shares issued to Invesco Advisers as payment of its management fee. These are not open-market purchases but internal transfers/compensation-related movements.

Key Details

• Transaction dates and prices:
  • 2026-01-30: Disposition to issuer (D) — 5,778.639 shares @ $28.12 = $162,513.
  • 2026-02-01: Grant/award/acquisition (A) — 11,508.364 shares @ $28.12 = $323,651.
• Shares owned after the reported transactions: not specified in the filing.
• Footnotes:
  • F1: Transactions reflect repurchase of shares held by Invesco Advisers, Inc.; the reporting persons are directors by deputization for Section 16 purposes.
  • F2: The acquisition was compensation—IAI received Class E common stock as payment of its management fee.
• Filing timeliness: Form 4 was filed on 2026-02-03; this is within the two-business-day window for the reported transaction dates, so the filing appears timely.

Context

• These transactions are corporate/internal in nature (repurchase and fee payment) rather than an insider buying or selling on the open market; the acquisition is effectively compensation and the disposition reflects the issuer repurchasing shares.
• Because the acquiring party is an institutional affiliate (Invesco Advisers, a subsidiary of Invesco Ltd.) and the reporting role is “director by deputization,” these moves reflect corporate/management-fee mechanics more than an individual director signaling a personal view of the stock.