Miller Benjamin S. 4

What Happened
Benjamin S. Miller, President and Director of Fundrise Real Estate Interval Fund, reported a purchase of 20.375 shares at $12.25 per share on 2026-07-10, for a total reported cost of $250. The transaction is coded as a purchase (P), meaning Miller acquired shares rather than selling or exercising options.

Key Details

• Transaction date and price: 2026-07-10 — 20.375 shares at $12.25 each.
• Total value: $250 (approx.).
• Transaction type: Purchase (code P) — listed as open market or private purchase.
• Filing: Form 4 filed 2026-07-13 (filed within the standard two-business-day window).
• Shares owned after transaction: Not disclosed in the provided filing.
• No footnotes, 10b5-1 plan, tax-withholding, or derivative activity indicated in the provided data.

Context
Insider purchases can be interpreted as a more informative signal than sales, but this particular buy is very small ($250) and may be routine or administrative. Treat it as a factual data point rather than definitive evidence of insider conviction.