Sterling Real Estate Trust·4

Jul 16, 2:36 PM ET

Hammes Gregory P. 4

Research Summary

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Sterling Real Estate Trust Trustee Gregory P. Hammes Receives Award

What Happened

  • Gregory P. Hammes, a Trustee of Sterling Real Estate Trust, acquired a total of 340.954 shares on 2026-07-15. The filing shows three acquisitions: 18.146 shares at $24.22 (≈ $439), 7.808 shares at $24.22 (≈ $189), and 315 shares issued at $0 (no cash value reported). These transactions are recorded as grants/awards (Form 4 code A).

Key Details

  • Transaction date: 2026-07-15; Form 4 filed 2026-07-16 (timely).
  • Breakdown: 18.146 shares @ $24.22 (≈ $439); 7.808 shares @ $24.22 (≈ $189); 315 shares @ $0 (≈ $0).
  • Total shares acquired: 340.954; total value for priced shares ≈ $628.
  • Footnotes: F1 indicates some shares were acquired under the dividend reinvestment plan (DRIP); F2 indicates shares issued under the Trustee Compensation Plan.
  • Shares owned after the transactions are not specified in the provided filing.

Context

  • These acquisitions were compensation and dividend-reinvestment transactions, not open-market purchases. Such awards and DRIP issuances are routine forms of compensation and dividend handling and do not by themselves signal a personal buy/sell decision by the insider.