Perkins David F. 4
4 · Sterling Real Estate Trust · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Sterling Real Estate Trust VP David F. Perkins Receives Awarded Shares
What Happened David F. Perkins, Vice President of Sterling Real Estate Trust, was awarded and acquired a series of share grants (and reinvested dividends) on April 15, 2026. The filing lists eight acquisitions totaling 211.601 shares at $24.22 per share, with an aggregate reported value of $5,124. These were awards/grants and dividend reinvestment transactions (acquisitions), not open-market purchases or sales.
Key Details
- Transaction date: April 15, 2026. Filing date: April 17, 2026 (timely within the typical 2-business-day Form 4 window).
- Price per share: $24.22; total reported value: $5,124 across eight separate award/reinvestment entries.
- Total shares acquired (sum of entries): 211.601 shares.
- Shares owned after transaction: not specified in the Form 4 provided.
- Notable footnotes from the filing:
- F1: Includes shares acquired under the dividend reinvestment plan.
- F2–F4: Reporting person has roles in affiliated entities (managing/sole/general partner of related entities).
- F5: Some units referenced may be subject to exchange or redemption under applicable agreements.
- F6: Certain derivative securities mentioned do not have an expiration date.
Context These transactions are company awards and dividend reinvestment activity, which are routine ways insiders receive additional shares and do not represent open-market buying or selling. The dollar value is modest (~$5.1k) relative to typical executive trades; the filing does not provide motivations or post-transaction holdings.
Insider Transaction Report
- Award
Common Shares
[F1]2026-04-15$24.22/sh+43.413$1,051→ 13,236.164 total - Award
Common Shares
[F1][F2]2026-04-15$24.22/sh+62.566$1,515→ 4,815.894 total(indirect: By LLC) - Award
Common Shares
[F1][F3]2026-04-15$24.22/sh+11.412$276→ 3,479.422 total(indirect: By LLC) - Award
Common Shares
[F1]2026-04-15$24.22/sh+6.548$159→ 504.043 total(indirect: By Son) - Award
Common Shares
[F1]2026-04-15$24.22/sh+3.84$93→ 295.55 total(indirect: By Daughter #1) - Award
Common Shares
[F1]2026-04-15$24.22/sh+2.479$60→ 190.746 total(indirect: By Daughter #2) - Award
Common Shares
[F1][F4]2026-04-15$24.22/sh+31.883$772→ 9,720.678 total(indirect: Sheyenne Ridge Apartments LLP) - Award
Common Shares
[F1][F4]2026-04-15$24.22/sh+49.46$1,198→ 3,807.047 total(indirect: Crestview Apartments LLP)
- 9,480(indirect: By LLC)
Limited Partnership Units
[F5][F6][F3]Exercise: $25.50→ Common Shares (9,480 underlying)
Footnotes (6)
- [F1]Includes shares acquired on April 15, 2026 under the dividend reinvestment plan.
- [F2]The Reporting Person is the managing member of P5 Partners LLC
- [F3]The Reporting Person is the sole member of Northview Apartments LLC.
- [F4]The Reporting Person is general partner of the limited partnership
- [F5]The units are subject to exchange or redemption pursuant to the terms of the LLLP Agreement and the applicable redemption plan.
- [F6]These derivative securities do not have an expiration date.