Regan Kenneth P 4

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).