Taylor Jeffrey W 4
4 · Ares Real Estate Income Trust Inc. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Ares Real Estate Income Trust Co‑President Jeffrey W. Taylor Acquires 13,295 Units
What Happened
Jeffrey W. Taylor, Partner and Co‑President of Ares Real Estate Income Trust, reported an other acquisition (code J) on Feb 2, 2026. He received 13,295.448 Class I‑R Operating Partnership Units (derivative interests) at $0 total consideration as consideration for redeeming his limited partnership interest. The reported transaction value is $0 because no cash changed hands.
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (appears timely under the two‑business‑day rule).
- Transaction type/code: Other acquisition or disposition (J); derivative (Class I‑R Operating Partnership Units).
- Amount acquired: 13,295.448 Class I‑R OP Units; reported price per unit = $0; total reported value = $0.
- Shares/units owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: Units were issued as consideration for redemption of the reporting person’s limited partnership interest; no cash paid. Beginning Jan 1, 2027, Taylor may request redemption of these OP Units for cash (priced at then‑current NAV) unless legal or agreement limits require redemption in Class I‑R common stock.
- F2: There is no expiration date on the right to request redemption.
- Exhibit: Exhibit 24 (Power of Attorney) included.
Context
These are partnership/operating partnership units (derivatives), not an open‑market cash purchase or sale. They represent a conversion/redemption of a prior limited partnership interest and may be redeemable for cash or converted to Class I‑R common stock per the OP agreement and applicable limits. Such non‑cash acquisitions reflect a change in ownership structure rather than a market purchase signal; they should be interpreted differently from straightforward buy/sell trades.
Insider Transaction Report
- Other
Class I-R Operating Partnership Units
[F1][F2]2026-02-02+13,295.448→ 13,295.448 total→ Class I-R Common Stock (13,295.448 underlying)
Footnotes (2)
- [F1]The reporting person acquired the Class I-R Operating Partnership Units ("Class I-R OP Units") on February 2, 2026 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning January 1, 2027, the reporting person may request that AREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I-R OP Units for cash, unless the Issuer's board of directors determines that such redemption for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the "OP Agreement"), in which case the Class I-R OP Units will be redeemed for shares of the Issuer's Class I-R common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I-R OP Units will be priced at the then-current net asset value of such Class I-R OP Units.
- [F2]There is no expiration date for the reporting person's ability to request redemption of the Class I-R OP Units.