Tio Romano 4

What Happened
Tio Romano, a trustee of Bluerock High Income Institutional Credit Fund (IIMWX), was credited with 56.36 Class I shares on 2026-06-30 at a reported price of $22.18 per share, for a total reported value of $1,250. The Form 4 lists the transaction as an "Other acquisition" (code J) and the filing was submitted on 2026-07-02 by an attorney-in-fact under a limited power of attorney.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-02.
• Shares acquired: 56.36 Class I shares at $22.18 per share; total value reported $1,250.
• Transaction code: J (Other acquisition) on the Form 4.
• Footnote: Shares were granted under the trustees' compensation plan; each independent trustee is entitled to receive $5,000 of Class I shares per quarter (or $20,000 annually).
• Filing prepared/submitted by Attorney-in-Fact pursuant to a limited POA dated 2022-07-22.
• Shares owned after the transaction are not provided in the supplied data.

Context
This was a compensation-related share grant to an independent trustee, not an open-market purchase or sale. Such grants are routine elements of board/trustee compensation and do not necessarily indicate the trustee’s personal buying or selling sentiment.