Brogan Marguerite 4

What Happened

• Marguerite Brogan, a director of AB Commercial Real Estate Private Debt Fund, LLC, reported a purchase-type transaction tied to a capital call. The Form 4 shows 0 units acquired at $0.00 because the Fund has issued a capital call requiring Ms. Brogan to contribute $15,125 on or about July 1, 2026; the number of LLC units to be issued in exchange has not yet been determined and will be reported in an amendment.

Key Details

• Transaction date: 2026-06-22 (reported on Form 4 filed 2026-06-24).
• Reported transaction code: P (purchase/capital contribution); Form shows 0 units at $0.00 because unit count is pending.
• Economic commitment: $15,125 capital contribution due ~July 1, 2026; units to be issued upon funding.
• Shares/units owned after transaction: Unknown (will be updated when units are determined).
• Footnote: F1 explains the capital call and that Ms. Brogan will amend the Form 4 once the unit count is finalized.
• Filing timeliness: Filed two days after the transaction date (generally within the Form 4 reporting window).

Context

• This is a capital contribution commitment to purchase LLC units (not an open-market stock trade). It indicates the insider is putting additional capital into the fund, but because the number of units and per-unit price are not yet disclosed, the filing provides limited quantitative information until amended.