Geanakos Jonathan G. 4

What Happened
Jonathan G. Geanakos, a director of Sculptor Diversified Real Estate Income Trust, received a grant of 2,142.245 shares on 2026-06-25. The shares were awarded at $0.00 (i.e., no cash purchase) as restricted stock under the issuer’s independent director compensation plan, and are subject to vesting and settlement provisions.

Key Details

• Transaction date: 2026-06-25; Form 4 filed: 2026-06-29. (Form 4s are typically due within 2 business days of the transaction—check timeliness against SEC rules.)
• Shares granted: 2,142.245; reported acquisition price: $0.00; immediate cash value not reported due to restriction/vesting.
• Footnote F1: Grant is restricted stock subject to vesting and settlement provisions per the independent director compensation plan.
• Footnote F2: References shares acquired under the issuer’s distribution reinvestment plan (used in ownership calculations).
• Shares owned after transaction: not specified in the provided excerpt.
• Remarks: Exhibit 24.1 (Power of Attorney) attached to the filing.

Context
This was an award of restricted stock to a board member, not an open-market purchase or sale. Restricted grants are common for director compensation and do not necessarily signal a director buying or selling shares for personal liquidity; they typically vest over time per the plan.