Starr Gayle P 4

What Happened
Director Starr Gayle P reported a purchase (Form 4, transaction code P) of 40.096 shares of Fundrise Income Real Estate Fund, LLC at $10.04 per share, for a total reported value of approximately $403. This was an acquisition (purchase), which investors often view as more informative than routine sales, though the amount here is small.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (appears timely).
• Price and quantity: 40.096 shares at $10.04 per share; total ~ $403.
• Transaction type: P = Purchase (open market or private purchase).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 notes the settlement date determined the per-share price and number of shares.
• No 10b5‑1 plan, option exercise, gift, or tax-withholding noted.

Context
The dollar value of this purchase is small, so it likely has limited market or signaling impact on its own. For retail investors, larger or repeated insider purchases tend to carry more informational weight. This report documents the transaction transparently and appears to have been filed promptly.