STERNLICHT BARRY S 4

What Happened Barry S. Sternlicht, a director of Starwood Real Estate Income Trust, reported an acquisition (award/grant) of 343,930 shares on April 20, 2026. The shares were recorded at $19.65 each, for a total value of approximately $6,758,224. This was an award/settlement-type acquisition (transaction code A), not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-20 at $19.65 per share.
• Shares acquired: 343,930; reported total value ≈ $6,758,224.
• Shares owned after transaction: Form 4 notes 4,328,298 reportable shares owned by Mr. Sternlicht personally (per footnote F3).
• Footnotes: F1 — shares paid to the advisor in settlement of management fees under the issuer's advisory agreement; F2 — includes shares acquired through the issuer's Distribution Reinvestment Plan.
• Filing timeliness: Form 4 filed on 2026-04-22 (appears filed within the usual two-business-day window).

Context This transaction reflects shares issued or allocated as part of fee settlement and distribution reinvestment rather than a personal cash purchase. Such awards/settlements are common for management compensation or advisor fees and do not necessarily signal insider market sentiment the way open-market purchases might.