Perkins David F. 4

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).