Harrison Street Real Assets Fund LLC 4

What Happened

• Harrison Street Real Assets Fund LLC, reported as a 10% owner of 2023 ETF Series Trust (ticker: NFRX), acquired 386,996 shares on February 6, 2026. The reported purchase price was $25.84 per share for a total reported value of $9,999,977. The filing indicates a purchase (transaction code P), which is a direct acquisition of shares rather than a sale.

Key Details

• Transaction date and price: 2026-02-06 at $25.84 per share.
• Shares purchased: 386,996; Total value: $9,999,977 (reported).
• Transaction type: Purchase (code P) via open market or private purchase (filing lists both possibilities).
• Shares owned after transaction: Not specified in the information provided in this summary (check the full Form 4 for beneficial ownership totals).
• Filing date: Form filed 2026-02-09 reporting the 2026-02-06 transaction — investors may want to note the timing relative to the two-business-day Form 4 reporting requirement.
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the summary data here.

Context

• This is an institutional (10% owner) purchase, not an executive insider transaction; such moves indicate the fund increased its stake but do not represent insider (management) sentiment. Purchases can be seen as more informative than routine sales, but they should be weighed with the fund’s investment mandate and other filings. For full context and exact post-transaction ownership, review the complete Form 4 filing (Accession: 0001687898-26-000005).