Form 4: Bluerock Total Income (plus) Real Estate Fund Trustee Acquires Shares as Part of Compensation Plan

Trustee I. Bobby Majumder acquired shares of Bluerock Total Income (plus) Real Estate Fund as part of the trustee compensation plan.

Summary

• On June 30, 2024, I. Bobby Majumder, a trustee of Bluerock Total Income (plus) Real Estate Fund, acquired 179.4688 shares of Class I Beneficial Interest at a price of $27.86 per share.
• This acquisition was part of the trustee's compensation plan, where each independent trustee is entitled to receive $5,000 of Class I Shares per quarter, or $20,000 annually.
• Following the transaction, Majumder directly owns 2,500.07 shares of Class I Beneficial Interest.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to trustee compensation, indicating a neutral to slightly positive sentiment due to alignment of interests.

Positives

• The acquisition of shares by a trustee demonstrates alignment of interest with shareholders.
• The trustee compensation plan provides a structured approach to rewarding independent trustees with equity.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.

Related Party Transactions

• The acquisition of shares by the trustee as part of the compensation plan constitutes a related party transaction.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholders by aligning the trustee's interests with theirs.

Key Dates

Keywords

Bluerock Total Income (plus) Real Estate Fund, Trustee, Share Acquisition, Compensation Plan, Beneficial Ownership, TIPWX, Form 4