Fortress Net Lease REIT — Tiedemann Advisors (10% Owner) Buys $5M

What Happened

• Tiedemann Advisors, LLC (reported as a 10% owner) made an open market/private purchase of 465,142.241 shares of Fortress Net Lease REIT on 2026-09-01 at $10.75 per share, for a total transaction value of approximately $5,000,000. This was a purchase (accumulation) rather than a sale.

Key Details

• Transaction date: 2026-09-01
• Transaction type/code: Purchase (code P) — open market or private purchase
• Price and size: 465,142.241 shares at $10.75 per share = ~$5,000,000
• Shares owned after transaction: Not reported in the provided filing data
• Filing date vs. transaction date: Form filed 2026-09-04 for a 2026-09-01 trade. Form 4s are generally due within two business days after the transaction, so this filing appears to have been submitted one business day late.
• Footnote: The securities are directly owned by TTC Multi-Strategy Fund QP, LP (the "TTC Fund") and may be deemed beneficially owned by Tiedemann Advisors as the fund’s investment manager, its GP, and certain parent entities. Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

• This filing reflects an institutional purchase by a fund and its manager (a 10% owner), not an individual executive. Institutional buys can indicate fund positioning but do not necessarily reflect management’s view of the company. No options, gifts, or tax-withholding events are involved in this transaction.