BROOKFIELD Corp /ON/ 4
Research Summary
AI-generated summary
Brookfield REIT: Brookfield Asset Management Sells 314,545 Shares
What Happened
- Brookfield Asset Management Ltd. (reported as a 10% owner) disposed 314,544.881 shares of Brookfield Real Estate Income Trust Inc. on 2026-03-31 at $10.37 per share, totaling $3,262,648. The transaction is reported under code J (other acquisition or disposition) and is described in the filing as a redemption of shares issued as payment of the Adviser’s monthly management fee.
Key Details
- Transaction date and price: 2026-03-31, 314,544.881 shares @ $10.37 each
- Total value: $3,262,648
- Transaction type: Disposal via redemption (fee payment) — code J
- Shares owned after transaction: Not specified in the Form 4
- Notable footnotes: F1 states these shares were redeemed by Brookfield REIT Adviser LLC as payment of the monthly management fee. F2 explains the complex indirect ownership chain through multiple Brookfield entities. F3 disclaims beneficial ownership beyond pecuniary interest.
- Filing: Form 4 filed 2026-04-02 (no late-filing flag noted in the reported filing)
Context
- This was a fee-related redemption by the Adviser, an institutional/managerial transaction rather than a typical open-market sale by an individual executive; such redemptions are generally routine and reflect compensation mechanics rather than a direct trading view on the stock.
- The reporting persons jointly filed the Form 4 and disclaim beneficial ownership except to the extent of pecuniary interest, per the filing footnotes.