Brookfield REIT: 10% owner Brookfield Corp sold 332,529.824 shares

What happened

• The filing shows Brookfield Corp, a 10% owner, disposed 332,529.824 shares at $10.56 on Sep 30, 2026, for $3,510,384. The transaction is coded J (other acquisition or disposition).
• Footnote F1 says the shares were redeemed by Brookfield REIT Adviser LLC, a subsidiary of Brookfield Corporation, and were issued by the issuer as payment of the monthly management fee. Footnote F2 disclaims beneficial ownership except to the extent of any pecuniary interest. The reporting persons jointly filed this Form 4 under Rule 16a-3(j).

Key details

• Transaction date and price: Sep 30, 2026 at $10.56 per share.
• Shares disposed: 332,529.824; total value reported: $3,510,384.
• Shares owned after the transaction: not reported in the filing.
• Footnotes of note: F1 (redemption of management-fee shares by the Adviser); F2 (disclaimer of beneficial ownership).
• Filing timeliness: the filing does not indicate that it was filed late.

Why it may matter

• The report was filed by a 10% owner (a large holder, not an executive).
• The transaction is coded J (other acquisition or disposition) and the filing states it reflects redemption of shares issued as payment of the monthly management fee by the Adviser's subsidiary.
• A filing does not show why the insider traded or why the company acted.