InPoint Commercial REIT Director Cynthia Foster Receives Award

What Happened

• Cynthia Foster, a non-employee director of InPoint Commercial Real Estate Income, Inc., was granted 728.497 shares of common stock on September 16, 2026. The shares were issued as an award (transaction code A) with no cash paid (price $0.00; total value $0).
• This is a director compensation/retention grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-09-16; Form 4 filed 2026-09-18 (appears timely, 2 days after the transaction).
• Award: 728.497 shares granted at $0.00 per share (total reported value $0).
• Vesting: Shares vest in equal installments of 33-1/3% on Sep 16, 2027, Sep 16, 2028 and Sep 16, 2029, subject to continued service; 100% vests upon a liquidity event or the reporting person's death/disability (see footnote F1).
• Shares owned after the transaction: not specified in the provided filing. Footnote F2 indicates some holdings include shares from the issuer’s Distribution Reinvestment Plan (DRP).
• No tax-withholding, sale, or 10b5-1 plan noted in the filing.

Context

• Grants to non-employee directors are common as part of board compensation and are typically intended for retention. Because this is an award (not a cash purchase or sale), it should not be read as a direct market signal of buying or selling intent.
• Vesting over multiple years aligns the director’s interests with long-term shareholder outcomes; accelerated vesting on a liquidity event is also typical.