Regan Kenneth P 4

What Happened

• Regan Kenneth P, CEO of Sterling Real Estate Trust, received two equity acquisitions (reported as "A" — grant/award or other acquisition) via the company's dividend reinvestment plan: 161.024 shares on 2026-01-16 at $24.22 ($3,900) and 173.234 shares on 2026-04-15 at $24.22 ($4,196). Combined, Regan acquired 334.258 shares valued at approximately $8,096.
• These were acquisitions through dividend reinvestment (reinvested dividends used to purchase additional shares), not open-market purchases.

Key Details

• Transaction dates and prices:
  • 2026-01-16 — 161.024 shares @ $24.22 (≈ $3,900) [Footnote F1]
  • 2026-04-15 — 173.234 shares @ $24.22 (≈ $4,196) [Footnote F3]
• Shares owned after transaction: not specified in the provided filing summary.
• Notable footnotes: shares were acquired under the dividend reinvestment plan (F1, F3). The filer disclaims beneficial ownership of certain shares held by Trustmark Enterprises, Inc. where he has shared voting control (F2). Other entity ownership notes appear (F6, F7) and some unit/derivative clarifications (F4, F5) in the filing; they do not change that these two transactions were reinvested-dividend acquisitions.
• Filing: Form 4 filed 2026-04-17; no late-filing flag was indicated in the provided data.

Context

• Dividend reinvestment transactions are routine: they reflect the company issuing or allocating shares in lieu of cash dividends and are different from an insider buying shares on the open market with new cash. Such transactions are common and do not necessarily signal a change in the insider's view of the company.