BROOKFIELD Corp /ON/ 4
Research Summary
AI-generated summary
Brookfield REIT 10% Owner Brookfield Corp Sells 324,922 Shares
What Happened
- Brookfield Corporation (reported as a 10% owner) disposed of 324,921.696 shares of Brookfield Real Estate Income Trust, Inc. on June 30, 2026 at $10.37 per share, for a total of $3,367,813. The Form 4 lists the transaction as an "other acquisition or disposition" (code J) but indicates the shares were redeemed as payment of the Issuer’s monthly management fee to Brookfield REIT Adviser LLC.
Key Details
- Transaction date: 2026-06-30; Price: $10.37 per share; Total value: $3,367,813.
- Shares reported disposed: 324,921.696 (rounded in title to 324,922).
- Shares owned after transaction: Not stated in the Form 4.
- Footnotes: F1 — shares were redeemed by the Adviser as payment of the monthly management fee under the advisory agreement; F2 — reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
- Filing date: 2026-07-01 (covers the 6/30/2026 transaction); filing appears timely.
Context
- This filing involves a 10% institutional owner and reflects a fee-related redemption rather than a typical open-market sale by an individual executive. Such transactions are administrative and do not necessarily indicate the reporting persons’ view of the company’s prospects.