Hall Bjorn 4

What Happened
Hall Bjorn, Secretary and Chief Compliance Officer of Fundrise Innovation Fund, LLC, purchased 54.675 shares on 2026-02-06 at $18.29 per share, for a total reported transaction value of $1,000. This was a purchase (transaction code P), which is a direct acquisition of shares rather than a sale or option exercise.

Key Details

• Transaction date: 2026-02-06; Filing (Form 4) date: 2026-02-09 — appears to be filed in a timely manner.
• Price and amount: 54.675 shares at $18.29 per share; total value $1,000.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: F1 notes the report reflects the settlement date, which is when the final share count and per‑share price were determined.
• Transaction code: P = Purchase (open market or private purchase).

Context
This is a small-dollar insider purchase and should be viewed as a routine acquisition rather than a material signal by itself. Purchases are often considered more informative than sales, but small transactions like this may simply reflect personal investing or plan activity. No derivatives, gifts, or tax-withholding items were involved in this filing.