KAMFAR RAMIN 4

What Happened

• Ramin Kamfar (listed on the filing as KAMFAR RAMIN), Chairman and CEO of Bluerock Homes Trust, bought a total of 25,700 shares reported on Form 4. The purchases break down as 700 shares on Dec 12, 2025 (100 @ $8.45; 500 @ $8.80; 100 @ $8.50) totaling $6,095, and a larger open-market purchase of 25,000 shares on Mar 3, 2026 at $11.65 each totaling $291,250. These were purchases (transaction code P), which are typically seen as more informative to investors than routine sales.

Key Details

• Transaction dates and prices:
  • 2025-12-12: 100 shares @ $8.45 = $845; 500 shares @ $8.80 = $4,400; 100 shares @ $8.50 = $850
  • 2026-03-03: 25,000 shares @ $11.65 = $291,250
• Total shares acquired: 25,700; total reported value: $297,345.
• Shares owned after transaction: Not provided in the summary you supplied (check the full Form 4 for beneficial ownership totals).
• Filing timeliness: Form 4 was filed 2026-03-11 reporting transactions from 2025-12-12 and 2026-03-03 — this appears late relative to the usual 2-business-day reporting requirement for insider trades.
• Footnotes/plan info: Transactions are coded "P" (purchase — open market or private purchase). No 10b5-1 plan, tax-withholding, or other footnotes were provided in your summary.

Context

• These were outright purchases (not option exercises or awards). The largest buy was on Mar 3, 2026 and accounted for the bulk of the dollar value.
• Purchases can be interpreted by some investors as a positive signal from insiders, but filings are factual disclosures and do not prove future performance. Check the complete Form 4 for full ownership details and any explanatory footnotes.