Seton Michael A 4

What Happened Michael A. Seton, President, CEO and a director of Sila Realty Trust, disposed of 290,310 shares to the issuer on July 1, 2026. The shares were converted into cash at $30.38 per share for total proceeds of $8,819,618. This was a disposition to the issuer tied to the company's merger process (not an open-market sale).

Key Details

• Date and price: 2026-07-01 at $30.38 per share.
• Shares disposed: 290,310; gross value: $8,819,618.
• Transaction code: D (Disposition to issuer) — per footnote, these shares (including unvested restricted stock) were cancelled and converted into the right to receive cash under the Merger Agreement (Footnote F1).
• Shares owned after transaction: not specified in this filing.
• Prior correction: Footnote F2 notes an administrative correction to a Feb 6, 2026 Form 4 – the correct total beneficial ownership after Feb 4 transactions was 290,310 shares.
• Filing timeliness: Report filed July 1, 2026 (period of report 2026-07-01); filing appears timely.

Context This was a merger-related cash conversion (company cancelled shares and paid cash at the Effective Time per the Merger Agreement and proxy disclosures), not an open-market trade. Such dispositions often reflect contractual terms of a transaction rather than an insider’s view on the company’s prospects; they should be read as part of the M&A context rather than a routine sale signal.