Buchholz Karen Dougherty 4

What Happened
Karen Dougherty Buchholz, a director of FS Credit Real Estate Income Trust, was granted 942.172 shares (transaction code A — award/grant) on May 1, 2026. The grant is reported at $23.88 per share for a total reported value of $22,500. This was an award/acquisition (compensation-type grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; reported price: $23.88/share; shares received: 942.172; total reported value: $22,500.
• Filing date: 2026-05-05; the Form 4 was filed after the transaction date (the filing is marked late). Late filings can delay public disclosure of insider activity.
• Post-transaction holdings: not specified in the provided filing details.
• Notable footnotes: transaction coded "A" (award/grant). The filing does not specify vesting, restriction status, or any tax-withholding disposition.

Context
Stock awards to directors are commonly part of compensation (board fees or deferred equity) and may vest over time; they are not the same as an open-market purchase that more directly signals insider buying interest. For retail investors, single, small-value awards (≈$22.5K here) are routine; look for repeated purchases or large open-market buys for stronger signals.