Form 4: Jeffrey Krasnoff Reports Acquisition of FS Credit Real Estate Income Trust Shares

Sentiment:

SEC Form 4 Filing


Director Jeffrey Krasnoff reports acquiring shares of FS Credit Real Estate Income Trust through the exchange of restricted stock units.

Summary

  • On October 2, 2024, Jeffrey Krasnoff, a director of FS Credit Real Estate Income Trust, acquired 50,794.212 shares of Class I Common Stock.
  • The acquisition was through the exchange of vested Class I Restricted Stock Units.
  • Following the transaction, Krasnoff beneficially owns 409,872.989 shares indirectly through Rialto Capital Management, LLC, 20,372.779 shares indirectly through JTK RCM, LLC (jointly owned with spouse) of Class I Common Stock and 33,759.226 shares indirectly through JTK RCM, LLC of Class F Common Stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and large shareholders) to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
10/02/2024Date of transaction: Jeffrey Krasnoff acquired shares of Class I Common Stock.
10/04/2024Date of signature for the Form 4 filing.

Keywords

FS Credit Real Estate Income Trust, Jeffrey Krasnoff, Form 4, Beneficial Ownership, Director, Stock Acquisition, Restricted Stock Units, Rialto Capital Management, JTK RCM, LLC

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