Bluerock (BPRE) Trustee Majumder Receives 1,012 Shares as Award

What Happened
I. Bobby Majumder, a trustee of Bluerock Private Real Estate Fund (BPRE), acquired a total of 1,012.47 shares through trustee compensation grants. The filing reports three acquisitions: 333.33 shares on 2025-12-31 at $15.00 ($5,000), 301.02 shares on 2026-03-31 at $16.61 ($5,000), and 378.12 shares on 2026-06-30 at $13.22 ($4,999). These were acquisitions (not sales), reflecting compensation-related awards rather than open-market purchases.

Key Details

• Transaction dates and prices:
  • 2025-12-31: 333.33 shares @ $15.00 = $5,000
  • 2026-03-31: 301.02 shares @ $16.61 = $5,000
  • 2026-06-30: 378.12 shares @ $13.22 = $4,999
• Total: 1,012.47 shares valued at approximately $14,999
• Transaction code: J (other acquisition/disposition); Footnote F1: shares granted under the trustees' compensation plan
• Shares owned after the transactions: not specified in the filing
• Filing details: Form 4 filed 2026-08-27 covering transactions through 2026-06-30; this is later than the typical Section 16(a) 2-business-day filing requirement
• Filing signed by an attorney-in-fact under a limited power of attorney dated 7-18-22 (per filing remarks)

Context
These acquisitions appear to be compensation awards to a trustee rather than open-market purchases or sales. Compensation grants are common for trustees and officers and do not by themselves indicate a buy/sell signal about the company. The late filing may affect regulatory tracking and could lead to reporting or compliance follow-up but does not change the nature of the reported awards.