Schiff David M 4
Research Summary
AI-generated summary
FS Credit Real Estate Income Trust Director David Schiff Receives 785-Share Award
What Happened David M. Schiff, a director of FS Credit Real Estate Income Trust, reported an acquisition by award/grant (transaction code A) on 2026-05-01. The filing shows 785.143 shares were issued at $23.88 per share for an aggregate reported value of $18,750. This was reported as an award/grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-01
- Transaction type/code: Award/grant (A)
- Shares acquired: 785.143 at $23.88 per share
- Aggregate value reported: $18,750
- Shares owned following the transaction: Not specified in the provided filing
- Filing date: 2026-05-05 — appears to be filed within the Section 16 two-business-day window (timely)
- No additional footnotes reported (e.g., tax withholding, 10b5-1 plan, or immediate sales)
Context
- The "A" code indicates an award or grant, commonly used for director or executive equity compensation; such awards are reported as acquisitions on Form 4.
- The filing does not show any immediate sale or exercise tied to these shares; it simply reports the issuance of stock to the director.