4Filed Jul 15, 8:00 PM ET
Sterling Real Estate Trust CEO Kenneth P. Regan Acquires 175.514 Shares
$NONE · Sterling Real Estate TrustResearch Summary
AI-generated summary of this SEC filing
Sterling Real Estate Trust CEO Kenneth P. Regan Acquires 175.514 Shares
What Happened
Kenneth P. Regan, CEO of Sterling Real Estate Trust, acquired 175.514 shares on 2026-07-15 at $24.22 per share, a total cost of approximately $4,251. The Form 4 reports the acquisition as an "A" transaction (grant/award/other acquisition); a footnote indicates these shares were acquired under the company’s dividend investment plan.
Key Details
- Transaction date: 2026-07-15; Filing date (Form 4): 2026-07-16 (filed promptly).
- Price per share: $24.22; Shares acquired: 175.514; Total value: ~$4,251.
- Shares owned after transaction: Not specified in this filing.
- Relevant footnotes: F1 confirms the shares came from the dividend investment plan. Other footnotes (F2–F6) describe the reporting person’s interests in entities (Trustmark Enterprises, JKD, Inc., GF Corporation) and derivative/unit terms shown elsewhere in the filing; they do not change the nature of this small DRIP acquisition.
- Transaction code: A = Award/grant/other acquisition (here, dividend reinvestment).
Context
This was a small purchase via dividend reinvestment—a routine way insiders increase holdings without open-market trades. Such DRIP acquisitions are generally considered ordinary and do not necessarily signal a change in insider sentiment. The filing appears timely (next-business-day filing).