ARES Industrial Real Estate Income Trust Director Burton Marshall M. Receives Award

What Happened

• Burton Marshall M., a director of Ares Industrial Real Estate Income Trust, was granted 6,761.782 restricted shares of common stock on 2026-08-06. The shares were issued at $0.00 (an award/grant), so no purchase price or cash value is reported in the filing.
• This is an equity award (not a market purchase or sale), so it does not directly signal buying or selling sentiment by the insider.

Key Details

• Transaction date: 2026-08-06; Form 4 filed: 2026-08-10 (filing appears timely).
• Amount: 6,761.782 shares; price reported: $0.00 (award/grant).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The restricted shares vest on the earlier of (i) one year after grant, (ii) the day before the first annual meeting after the grant where directors are elected, (iii) termination due to death or permanent and total disability, or (iv) immediately before and contingent on a change of control.
• No 10b5-1 plan, tax-withholding, or sale associated with the award was indicated in the filing.

Context

• This was a grant of restricted stock (award), not a purchase or exercise. Restricted-share awards typically vest over time or upon certain events; until vested, the shares may be forfeitable and not freely tradable.
• Awards to directors are common as part of board compensation and should be viewed as compensation rather than an outright directional trade.