STERNLICHT BARRY S 4

What Happened

• Barry S. Sternlicht, a director of Starwood Real Estate Income Trust, Inc., was issued 224,470 shares on March 19, 2026 (transaction code A — grant/award/other acquisition) at an effective price of $19.75 per share, with a total value of $4,433,283. The issuance reflects shares paid to the advisor in settlement of management fees and includes shares acquired through the issuer's distribution reinvestment plan.

Key Details

• Transaction date: 2026-03-19; Filed: 2026-03-23 (filed timely).
• Price per share: $19.75; Shares acquired: 224,470; Total value: $4,433,283.
• Shares owned after transaction: 3,937,602 reportable securities held by Mr. Sternlicht personally (per filing).
• Footnotes: F1 = shares paid to advisor to settle management fees; F2 = includes shares via Distribution Reinvestment Plan; F3 = 3,937,602 owned personally.
• Transaction type: A = award/grant/other acquisition (not an open-market purchase).

Context

• This was an issuance to settle fees (and DRIP activity), not a cash market buy—such awards are routine compensation/fee arrangements and don’t necessarily signal the insider’s active market buying intent. As an informational note, purchases or acquisitions can be more informative than sales, but the nature of this issuance (fee settlement) is important when interpreting intent.