Creedon Nora 4

What Happened

• Nora Creedon, Chief Executive Officer of Starwood Real Estate Income Trust, received a grant of 37,983 Class I Partnership Units on 2026-03-19. The award is reported as a derivative acquisition at $0 per unit (transaction code A — award/grant). No immediate cash was paid; the economic value will depend on future settlement and the REIT’s stock value at that time.

Key Details

• Transaction date: 2026-03-19; filing date (Form 4): 2026-04-06 (filed late).
• Reported amount: 37,983 Class I Partnership Units; reported acquisition price: $0.00.
• Shares/units owned after transaction: Not specified in the filing.
• Transaction type/code: A (award/grant); derivative instrument (Class I Partnership Units).
• Footnotes of note:
  • F1: Upon vesting, Class I Partnership Units may settle into Operating Partnership Units, common shares, or cash at the discretion of Starwood REIT Special Limited Partner, LLC.
  • F2: The reported units will vest subject to Creedon’s continued employment.
  • F3: Operating Partnership Units can be redeemed for an equal number of REIT common shares or cash equal to fair market value; they have no expiration date.

Context

• This is a restricted/derivative award rather than an open-market purchase or sale; such awards are typically compensation-related and do not necessarily signal a personal buy/sell decision.
• Because the filing was submitted several weeks after the transaction date, retail investors should note the late filing when considering timeliness of insider activity disclosure.