WINSTON ROBERT W III 4

What Happened Robert W. Winston III, a director of Sculptor Diversified Real Estate Income Trust, received a grant of 8,568.98 shares of restricted stock on 2026-06-25. The shares were issued at $0.00 per share (total reported value $0) as an award under the issuer’s independent director compensation plan (see F1). This was a compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (timely within the 2-business-day window).
• Shares granted: 8,568.98; Price per share: $0.00; Reported cash value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — restricted stock subject to vesting/settlement provisions under the independent director compensation plan; F2 — references shares acquired via the issuer’s distribution reinvestment plan.
• Remarks: Exhibit 24.1 (Power of Attorney) included.

Context This transaction is a routine director compensation award (restricted stock) and typically vests over time per the company plan, so it does not represent an immediate sale or market signal. Restricted awards are common for independent directors and do not by themselves indicate insider sentiment about the company’s stock.