Booth Richard Whitaker 4

What Happened

• Richard Whitaker Booth, a member of the Investment Committee of Fundrise Advisors LLC (the fund's adviser), purchased 4.375 shares of Fundrise Income Real Estate Fund on 2026-01-22 at $10.05 per share, for a total transaction value of $44. The filing lists the transaction as a purchase (code P), an open market or private purchase.

Key Details

• Transaction date: 2026-01-22; SEC filing date: 2026-01-23 (appears timely).
• Price and quantity: 4.375 shares at $10.05 per share; total = $44.
• Transaction type: Purchase (P) — a buy, which can be interpreted as a positive signal but is very small here.
• Shares owned after transaction: Not reported in the provided filing.
• Footnote: F1 notes the reported price/quantity reflect the settlement date when those amounts were determined.
• Remark: Booth is an Investment Committee member of the adviser to the issuer.

Context

• This is a small-dollar purchase (total $44), which limits its significance as an indicator of material insider sentiment. Purchases by committee members can be of interest, but routine or administrative reasons may also explain small or fractional-share buys.