4//SEC Filing
KRASNOFF JEFFREY P 4
Accession 0001999371-25-001380
CIK 0001690536other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:25 PM ET
Size
33.9 KB
Accession
0001999371-25-001380
Insider Transaction Report
Form 4
KRASNOFF JEFFREY P
Director
Transactions
- Award
Class I Common Stock
2025-01-02+66,310.453→ 476,183.442 total(indirect: By LLC) - Award
Class I Restricted Stock Units
2023-03-31+87,489.07→ 87,489.07 total(indirect: By LLC)→ Class I Common Stock (87,489.07 underlying) - Award
Class I Restricted Stock Units
2024-12-31+157,275.43→ 157,275.43 total(indirect: By LLC)→ Class I Common Stock (157,275.43 underlying) - Award
Class I Restricted Stock Units
2025-01-02−52,005.864→ 103,501.46 total(indirect: By LLC)→ Class I Common Stock (52,005.864 underlying) - Award
Class I Restricted Stock Units
2024-06-30+158,598.94→ 158,598.94 total(indirect: By LLC)→ Class I Common Stock (158,598.94 underlying) - Award
Class I Restricted Stock Units
2022-12-31+13,975.11→ 28,279.699 total(indirect: By LLC)→ Class I Common Stock (13,975.11 underlying) - Award
Class I Restricted Stock Units
2023-06-30+95,090.69→ 95,090.69 total(indirect: By LLC)→ Class I Common Stock (95,090.69 underlying) - Award
Class I Restricted Stock Units
2023-09-30+101,222.4→ 101,222.4 total(indirect: By LLC)→ Class I Common Stock (101,222.4 underlying) - Award
Class I Restricted Stock Units
2023-12-31+103,501.46→ 155,507.324 total(indirect: By LLC)→ Class I Common Stock (103,501.46 underlying) - Award
Class I Restricted Stock Units
2024-03-31+156,272.64→ 156,272.64 total(indirect: By LLC)→ Class I Common Stock (156,272.64 underlying) - Exercise/Conversion
Class I Restricted Stock Units
2025-01-02−14,304.589→ 13,975.11 total(indirect: By LLC)→ Class I Common Stock (14,304.589 underlying) - Award
Class I Restricted Stock Units
2024-09-30+159,123.82→ 159,123.82 total(indirect: By LLC)→ Class I Common Stock (159,123.82 underlying)
Holdings
- 21,163.419(indirect: By LLC)
Class I Common Stock
- 35,221.84(indirect: By LLC)
Class F Common Stock
Footnotes (5)
- [F1]Class I Common Stock was issued in exchange for vested Class I Restricted Stock Units issued under the Class I Restricted Stock Unit Agreement between FS Credit Real Estate Income Trust, Inc. (the "Company"), FS Real Estate Advisor, LLC (the "Advisor") and Rialto Capital Management, LLC.
- [F2]The reporting person disclaims beneficial ownership of any shares held by Rialto Capital Management, LLC that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]JTK RCM, LLC is jointly owned by reporting person and his spouse.
- [F4]In accordance with the Advisory Agreement between the Company and the Adviser, the Company shall pay the Adviser an administrative services fee equal to 1.0% of the Company's net asset value per annum, payable quarterly, in Class I Restricted Stock Units, subject to the terms and conditions set forth in the Class I Restricted Stock Unit Agreement between the Company and the Adviser. The administrative services fee is split 50/50 between the Adviser and Rialto Capital Management LLC.
- [F5]In accordance with the Class I Restricted Stock Unit Agreement between the Company, the Adviser and Rialto Capital Management, LLC, Class I Restricted Stock Units shall be exchanged for Class I Common Stock on the first, second and third anniversary following the grant of such Class I Restricted Stock Units, in each case in equal 1/3 installments.
Issuer
FS Credit Real Estate Income Trust, Inc.
CIK 0001690536
Entity typeother
Related Parties
1- filerCIK 0001049461
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 4:25 PM ET
- Size
- 33.9 KB