KELLY RALPH DAVID 4

What Happened
Kelly Ralph David, a director of Invesco Commercial Real Estate Finance Trust, received an equity award of 3,864.465 shares on June 1, 2026. The shares were issued at $0.00 per share (reported acquisition value $0) as part of the issuer’s non‑executive director grant program. This is an acquisition (award), not a sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02.
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,864.465 common shares; reported price per share: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnote: Grant to non-executive directors (per filing footnote F1).
• Filing timeliness: Filed the day after the transaction (no late filing indicated).

Context
This was an equity award to a non-executive director, a routine form of director compensation and an acquisition rather than a market purchase. Awards to directors are common and do not alone indicate a trading signal; the filing does not disclose post‑grant holdings or any immediate sale of the shares.