Form 4: Bluerock Total Income (plus) Real Estate Fund Trustee Acquires Shares
SEC Form 4 Filing
Trustee Romano Tio acquired 186.6368 shares of Bluerock Total Income (plus) Real Estate Fund on December 31, 2024, as part of a compensation plan.
Summary
- Romano Tio, a trustee of Bluerock Total Income (plus) Real Estate Fund, acquired 186.6368 shares of Class I Shares on December 31, 2024.
- The shares were acquired at a price of $26.79 per share.
- This transaction is part of the trustee's compensation plan, where each independent trustee receives $5,000 worth of Class I Shares per quarter, totaling $20,000 annually.
- Following the transaction, Tio directly owns 2,936.478 shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to trustee compensation, which is a normal and expected practice. There are no indications of any negative or unusual activity.
Positives
- The acquisition of shares by a trustee demonstrates alignment of interests with shareholders.
- The compensation plan provides a consistent method of rewarding trustees.
Industry Context
This is a routine filing related to insider transactions, specifically the compensation of a trustee. It is common for trustees and executives to receive compensation in the form of company shares.
Comparison to Industry Standards
- Many real estate funds and investment trusts use share-based compensation for their board members and trustees.
- The amount of compensation, $20,000 annually in shares, is within the typical range for independent trustees in similar funds.
- The practice of granting shares quarterly is also a common method to align trustee interests with the fund's performance.
Stakeholder Impact
- The share acquisition by the trustee aligns their interests with those of the shareholders.
- The compensation plan ensures that trustees are incentivized to act in the best interests of the fund.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of the share acquisition by trustee Romano Tio. |
| 01/03/2025 | Date of the signature on the Form 4 filing. |
Keywords
Bluerock Total Income (plus) Real Estate Fund, Trustee, Share Acquisition, Compensation Plan, Class I Shares, Form 4, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.