Haugen Timothy 4

What Happened

• Timothy Haugen, a Trustee of Sterling Real Estate Trust, reported dispositions to the issuer (transaction code D) on 2026-07-20. He surrendered 1,446 shares at $24.22 ($35,022) and 619 shares at $24.22 ($14,992), a combined disposal of 2,065 shares for approximately $50,014. This was a disposition to the issuer (not an open-market sale).

Key Details

• Transaction date and price: 2026-07-20 at $24.22 per share (both line items).
• Total shares disposed: 2,065; total proceeds ≈ $50,014.
• Filing date: 2026-07-22 — filed within the normal 2-business-day Form 4 window (timely).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 notes the units are subject to exchange or redemption under the LLLP Agreement and applicable redemption plan; F2 notes related derivative securities have no expiration date.
• Transaction code: D (Disposition to issuer).

Context

• A "disposition to issuer" often reflects a redemption, exchange, or surrender of units back to the company under governing agreements (per F1), rather than a sale on the open market. Such transactions are typically routine and do not necessarily indicate the insider’s view of the company’s prospects. No 10b5-1 plan, tax-withholding, or late-filing issues are indicated in this report.