Form 4: FS Credit Real Estate Income Trust: Director Krasnoff Reports Beneficial Ownership Changes

Director Jeffrey Krasnoff reports changes in beneficial ownership of FS Credit Real Estate Income Trust securities, including acquisitions of Class I Restricted Stock Units.

Summary

• Jeffrey Krasnoff, a director of FS Credit Real Estate Income Trust, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The report indicates Krasnoff indirectly owns 476,183.442 Class I Common Stock through Rialto Capital Management, LLC, and 21,434.173 Class I Common Stock and 35,723.669 Class F Common Stock through JTK RCM, LLC.
• Krasnoff also acquired 153,964.96 Class I Restricted Stock Units on April 14, 2025, which are exchangeable for Class I Common Stock subject to time-based vesting.
• The Restricted Stock Units are part of an administrative services fee paid to the Adviser, split between the Adviser and Rialto Capital Management LLC, equal to 1.0% of the Company's net asset value per annum, payable quarterly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

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

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor confidence.

Key Dates

Keywords

beneficial ownership, Form 4, FS Credit Real Estate Income Trust, Jeffrey Krasnoff, restricted stock units, Rialto Capital Management, JTK RCM, administrative services fee