FS Credit Real Estate Income Trust: CEO Michael C. Forman received 157,846 shares

What happened

• Michael C. Forman, President and chief executive officer and director, received grants and had a disposition recorded on Oct 1, 2026. The filing shows a grant/acquisition of 157,846.22 shares (derivative) at $23.76 per share for $3,750,000, a grant/acquisition of 73,521.756 shares at $23.76 per share for $1,746,678, and a disposition to the issuer of 73,521.756 shares at $23.76 per share for $1,746,678 (listed as a derivative disposition).

Key details

• Transaction date(s) and price(s): Oct 1, 2026; all transactions at $23.76 per share.
• Consideration reported: $3,750,000 for 157,846.22 shares; $1,746,678 for each 73,521.756-share transaction.
• Shares owned after the transaction: the filing treats the number of restricted stock units and derivative securities as estimates; the actual number will be determined upon calculation of the grant-date net asset value.
• Relevant footnotes from the filing:
  • F1: Forman disclaims beneficial ownership of shares held by Franklin Square Holdings, L.P., FS Real Estate Advisor, LLC and FSH Seed Capital Vehicle I LLC to the extent they exceed his pecuniary interest.
  • F2: Includes shares received from reinvested distributions.
  • F3: The administrative services fee equal to 1.0% of the Company's net asset value per annum is payable quarterly in Class I Restricted Stock Units; the fee is split 50/50 between the Adviser and Rialto Capital Management LLC.
  • F4: Class I Restricted Stock Units will be exchanged for Class I Common Stock subject to time-based vesting.
  • F5: The reported number of restricted stock units is an estimate based on the most recently available net asset value and may differ when the grant-date NAV is calculated.
• Filing date: Oct 5, 2026.

Why it may matter

• The filings report grants of Class I Restricted Stock Units (derivative securities) issued under the adviser/company arrangements and a disposition to the issuer; the units are subject to time-based vesting and exchange for Class I Common Stock per the restricted stock unit agreement.
• The filing does not show why the insider traded or why the company acted.