ExchangeRight Income Fund: director Thomas Warren received 16,596.37 shares

What happened Thomas Warren, a director, received 16,596.37 limited partnership common units (Units) on Oct 6, 2026. The filing reports the Units as a derivative award; no purchase price or total value is reported.

Key details

• Transaction date and price: Oct 6, 2026; price reported as N/A (derivative award).
• Shares owned after the transaction: 16,596.37 Units reported as held directly by W&R Thomas, LLC.
• Relevant footnotes:
  • Units were issued pursuant to an amendment dated Oct 5, 2026 to the operating partnership agreement; Units are not convertible, have no redemption rights, and have no expiration.
  • Units were issued as merger consideration under an Agreement and Plan of Merger dated Oct 6, 2026 in exchange for 0.5076 Class 1 Beneficial Interests in ExchangeRight Net Leased Portfolio 53 DST.
  • The reported Units are held directly by W&R Thomas, LLC; Mr. Warren is the managing member and disclaims beneficial ownership of the Units held by the LLC.
• Filing date: Oct 8, 2026 (filed with the SEC on that date). Exhibit: Power of attorney (Exhibit 24).

Why it may matter

• This was a derivative award: Units issued as merger consideration rather than a cash market purchase or sale.
• A filing does not show why the insider traded or why the company acted.