Perkins David F. 4
4 · Sterling Real Estate Trust · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Sterling Real Estate Trust VP David Perkins Receives Stock Awards
What Happened
- David F. Perkins, Vice President of Sterling Real Estate Trust, acquired a total of approximately 291.932 shares on July 15, 2026. The transactions are reported as grants/awards or other acquisitions (Code A) at $24.22 per share, with an aggregate reported value of about $7,071.
- The transaction consists of multiple small allotments (e.g., 121.956 shares = $2,954; 63.39 shares = $1,535; 50.111 shares = $1,214; plus several smaller lots). At least some of the shares were acquired under the company’s dividend investment plan.
Key Details
- Transaction date: 2026-07-15; Filing date: 2026-07-16 (timely).
- Price per share: $24.22; Total shares acquired: ~291.932; Total value: ≈ $7,071.
- Shares owned after the transaction: not disclosed in the provided filing details.
- Relevant footnotes in the filing:
- F1: Includes shares acquired on 7/15/26 under the dividend investment plan.
- F2–F4: Reporting person has managerial/ownership roles in related entities (P5 Partners LLC, Northview Apartments LLC, and a limited partnership).
- F5: Notes that certain units may be subject to exchange or redemption under an LLLP agreement.
- F6: Indicates certain derivative securities mentioned in the filing have no expiration date.
- Transaction code: A (award/grant/other acquisition) — not an open-market purchase or sale.
Context
- These acquisitions appear to be awards and dividend reinvestment rather than purchases in the open market; such transactions are common for compensation or automated dividend plans and do not necessarily signal a change in insider sentiment.
- No indication in the filing that the shares were immediately sold (i.e., not a cashless exercise or disposition).
Insider Transaction Report
Form 4
Perkins David F.
Vice President
Transactions
- Award
Common Shares
[F1]2026-07-15$24.22/sh+121.956$2,954→ 13,358.121 total - Award
Common Shares
[F1]2026-07-15$24.22/sh+6.635$161→ 510.677 total(indirect: By Son) - Award
Common Shares
[F1]2026-07-15$24.22/sh+3.89$94→ 299.44 total(indirect: By Daughter #1) - Award
Common Shares
[F1]2026-07-15$24.22/sh+2.512$61→ 193.352 total(indirect: By Daughter #2) - Award
Common Shares
[F1][F2]2026-07-15$24.22/sh+63.39$1,535→ 4,879.284 total(indirect: By LLC) - Award
Common Shares
[F1][F3]2026-07-15$24.22/sh+11.45$277→ 3,490.872 total(indirect: By LLC) - Award
Common Shares
[F1][F4]2026-07-15$24.22/sh+31.988$775→ 9,752.666 total(indirect: Sheyenne Ridge Apartments LLP) - Award
Common Shares
[F1][F4]2026-07-15$24.22/sh+50.111$1,214→ 3,857.158 total(indirect: Crestview Apartments LLP)
Holdings
- 9,480(indirect: By LLC)
Limited Partnership Units
[F5][F6]Exercise: $25.50→ Common Shares (9,480 underlying)
Footnotes (6)
- [F1]Includes shares acquired on 7/15/26 under the dividend investment 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.
Signature
Michael P. Carlson, as Attorney-in-Fact for David F Perkins pursuant to Power of Attorney previously filed|2026-07-16