Cottonwood Communities, Inc.: sells 216,192 Series A Convertible preferred shares

What happened

• The company reported that it launched a best-efforts private placement offering on Sep 19, 2023 exempt from registration pursuant to Rule 506(b) of Regulation D, offering up to $200,000,000 in Series A Convertible Preferred Stock at a purchase price of $10.00 per share.
• The company reported that during the period from Sep 18, 2026 through Oct 5, 2026, it issued and sold 216,192 shares of Series A Convertible Preferred Stock in the Series A Convertible Private Offering and received aggregate proceeds of $2,092,500.

Key details

• Offering size: maximum of $200,000,000; purchase price $10.00 per share.
• Shares sold during the period: 216,192; proceeds $2,092,500.
• Selling commissions paid: $71,090; placement fees paid: $55,415.
• Shares outstanding as of Oct 5, 2026: 13,245,269 shares of Series A Convertible Preferred Stock.

Why it may matter

• This report was filed under Item 3.02: Unregistered sales of equity securities, which covers private sales of the company’s securities and related disclosure of proceeds, commissions and fees. The filing does not show why the insider traded or why the company acted.