Agarwal Rajesh 4

What Happened
Rajesh Agarwal, a portfolio manager at First Eagle Real Estate Debt Fund (FERLX), reported a purchase of 9,441.385 shares on 2026-06-09 at $25.42 per share, totaling $240,000. The filing lists the transaction code "P" (open market or private purchase), indicating a direct buy rather than a sale or award — a purchase is generally viewed as a more informative (bullish) insider action than routine sales.

Key Details

• Transaction date: 2026-06-09; Price: $25.42 per share; Total value: $240,000.
• Transaction type: P = Purchase (open market or private purchase).
• Shares owned after transaction: not disclosed in the data provided.
• Filing: Form 4 filed 2026-06-11 (two business days after the trade), which appears timely.
• Footnotes/plan references: none reported in the provided filing data.

Context
Insider purchases can signal confidence but are not proof of future performance; retail investors should combine this signal with company fundamentals and market conditions. This transaction is a straightforward buy (no options exercise, gift, or tax-withholding event noted).