Gellert Edward 4/A

What Happened

• Edward Gellert, a director of AB Commercial Real Estate Private Debt Fund, LLC, reported a purchase (Code P) of 1,071.754 shares at $9.33 per share on March 25, 2026, a total of $10,000. This was reported via an amended Form 4 filed May 22, 2026. A purchase is a direct capital contribution / acquisition and is typically viewed as a bullish signal in that the insider increased ownership.

Key Details

• Transaction date and price: 2026-03-25 — 1,071.754 shares at $9.33 each (total $10,000).
• Filing date / amendment: Amended Form 4 filed 2026-05-22 to update Table I disclosures.
• Footnote: The amendment was made to disclose the number of securities acquired, the price, and the amount of securities beneficially owned following Mr. Gellert’s $10,000 capital contribution (noted as made on April 1, 2026). The initial Form 4 filed earlier did not include a calculable amount.
• Beneficial ownership after the reported transaction: the amended filing updates this information; the specific total held after the transaction should be checked in the amended Form 4 text.
• Timeliness: The amendment was filed nearly two months after the reported transaction date; Form 4 disclosures are normally due within two business days, so this filing was updated after the initial report.

Context

• This was a straight purchase (capital contribution) rather than an option exercise or gift. Purchases by insiders are generally considered more informative than sales because they represent the insider adding to their stake. The filing is an amendment to clarify amounts and ownership after the contribution; review the amended Form 4 for exact post-transaction ownership figures.