Ares Real Estate Income Trust Director Charles B. Duke Receives RSU Award

What Happened

• Charles B. Duke, a director of Ares Real Estate Income Trust Inc., received an award of 9,120.87 restricted stock units (RSUs) on August 6, 2026. The RSUs were reported as acquired at $0.00 (i.e., a grant/award rather than an open-market purchase), so no cash was paid at grant.

Key Details

• Transaction date: 2026-08-06; Form 4 filed: 2026-08-10 (filed within the required two business days).
• Transaction code: A (award/grant); reported amount: 9,120.870 RSUs; reported price: $0.00.
• Shares owned after the transaction: Not disclosed in the provided filing.
• Footnotes: F1/F2 — the RSUs are subject to specified vesting and settlement provisions; F3 — the total reflects additional shares received from dividend equivalents accrued on outstanding RSUs.
• No indication of a 10b5‑1 plan, tax withholding sale, or immediate disposition in this filing.

Context

• This was a compensation award, not an open-market purchase or sale. RSUs typically convert to actual shares only after vesting and any settlement conditions are met; dividend equivalents noted in the filing can increase the eventual share amount. Awards like this reflect company compensation practices rather than an immediate insider market sentiment signal.