Booth Richard Whitaker 4

What Happened

• Richard Whitaker Booth, a member of the Investment Committee of Fundrise Advisors LLC (the investment adviser to the issuer), purchased 4.458 shares of Fundrise Income Real Estate Fund, LLC on 2026-02-23 at $10.05 per share, for a total of about $45. This was a purchase (a buy), which is generally considered a more informative signal than a sale, though the amount is very small.

Key Details

• Transaction date: 2026-02-23; filing date: 2026-02-24 (appears timely).
• Price: $10.05 per share; Shares acquired: 4.458; Total value: ~$45.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 notes the report reflects the settlement date, when the share price and number were determined.
• Filing type: Form 4 insider report; no indication of 10b5-1 plan, option exercise, gift, or tax withholding.

Context

• This is a straightforward open-market/private purchase of a small number of shares; it documents insider buying but is a nominal dollar amount ($45), so its market-significance is limited. The footnote clarifies the timing relates to settlement, not necessarily the trade execution moment.