Ares Industrial Real Estate Director John S. Hagestad Receives Award

What Happened
John S. Hagestad, a director of Ares Industrial Real Estate Income Trust, was granted 6,761.782 restricted shares of common stock on August 6, 2026. The grant is reported at $0 per share (total reported value $0) because these are restricted awards, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-06; reported on Form 4 filed 2026-08-10 (filing appears timely).
• Shares granted: 6,761.782 restricted shares; reported price: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote F1: These are restricted shares that vest upon the earlier of (i) one year after grant, (ii) the day before the first annual meeting of stockholders after grant, (iii) termination of service due to death or permanent/total disability, or (iv) immediately before and contingent upon a change of control.
• Footnote F2: Notes that total share counts include shares from the issuer's distribution reinvestment plan (if applicable).
• Transaction code: A (award/grant).

Context
Restricted share grants are typically compensation for directors and generally cannot be sold until they vest under the stated conditions; they are not a direct market signal like an open‑market purchase or sale. This filing documents a compensation grant rather than a purchase or disposal of stock.