Regan Kenneth P 4
4 · Sterling Real Estate Trust · Filed Jul 16, 2026
Research Summary
AI-generated summary of this 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).
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-07-15$24.22/sh+175.514$4,251→ 13,509.773 total(indirect: By Trust)
- 135,808.167
Common Shares
- 131,215.074(indirect: By Spouse)
Common Shares
- 3,644,624.432
Limited Partnership Units
[F3][F4]Exercise: $25.50→ Common Shares (3,606,663.432 underlying) - 35,408.425(indirect: JKD, Inc.)
Limited Partnership Units
[F3][F4][F5]Exercise: $25.50→ Common Shares (35,408.425 underlying) - 127,716.631(indirect: By Spouse)
Limited Partnership Units
[F3][F4]Exercise: $25.50→ Common Shares (43,825 underlying) - 122,830(indirect: GF Corporation)
Limited Partnership Units
[F3][F4][F6]Exercise: $25.50→ Common Shares (122,830 underlying)
Footnotes (6)
- [F1]Includes shares acquired on 7/15/26 under the dividend investment plan
- [F2]The reporting person has an ownership interest in Trustmark Enterprises, Inc. (Trustmark) and has shared voting control of the shares held by Trustmark. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest in such securities.
- [F3]The units are subject to exchange or redemption pursuant to the terms of the LLLP Agreement and the applicable redemption plan.
- [F4]These derivative securities do not have an expiration date.
- [F5]The reporting person has an ownership interest in JKD, Inc.
- [F6]The reporting person is a beneficial owner of GF Corporation.