Thirdline Real Estate (TREIX) CFO/Director Lawrence Eiben Sells Shares

What Happened
Lawrence S. Eiben, Principal Financial Officer and a director of Thirdline Real Estate Income Fund (TREIX), sold 17,146.71 shares on August 14, 2026. The shares were disposed at $8.51 each for a total proceeds of approximately $145,919. This transaction was a sale (S) — sales are often routine liquidity events and do not by themselves indicate a change in insider sentiment.

Key Details

• Transaction date and price: Aug 14, 2026 — 17,146.71 shares at $8.51 per share (total ≈ $145,919).
• Transaction type: Open market or private sale (reported as S).
• Filing date: Aug 19, 2026 — filed 5 days after the transaction (appears late relative to the typical 2-business-day Form 4 deadline).
• Shares owned after transaction: Not specified in the information provided in this summary/filing excerpt.
• Footnotes/plan disclosure: The filing excerpt provided does not indicate a 10b5-1 trading plan, tax withholding, or other footnotes.

Context
Sales by officers can be routine (personal liquidity, diversification, tax reasons) and are not definitive indicators of company outlook. Because the filing was submitted several days after the trade, retail investors should note the timeliness issue but avoid assuming motive from a single sale.