Booth Richard Whitaker 4

What Happened

• Richard Booth, a member of the Investment Committee of Fundrise Advisors LLC (the adviser to the issuer), reported a purchase of 5.07 shares of Fundrise Income Real Estate Fund, LLC (issuer listed as NONE) on 2026-04-09. The shares were bought at $10.08 each, for a total transaction value of approximately $51. This was a purchase (code P), which is generally viewed as a modest bullish signal compared with sales.

Key Details

• Transaction date: 2026-04-09; Filing date: 2026-04-10 (Form 4 accession 0001435109-26-000077).
• Price and size: 5.07 shares at $10.08 per share; total ≈ $51.
• Transaction type: Purchase (open-market or private purchase).
• Shares owned after transaction: not reported in the provided filing.
• Footnote: Booth is an Investment Committee member of the adviser (Fundrise Advisors LLC). No 10b5-1 plan, tax withholding, gift, or option exercise was indicated.
• Timeliness: Filed the day after the transaction; appears to be timely under Form 4 rules.

Context

• This is a very small-dollar purchase in a private/registered fund vehicle (issuer shows no ticker). Small insider purchases can signal personal conviction, but given the size ($51) it is likely routine and carries limited informational weight for investors.