Director Ryan Boyer (FSREI) granted 942 Class I shares at $23.88

Rhea-AI Filing Summary

Boyer Ryan reported acquisition or exercise transactions in this Form 4 filing.

FS Credit Real Estate Income Trust, Inc. director Ryan Boyer received a grant of 942.172 shares of Class I Common Stock on May 1, 2026. The shares were awarded at a value of $23.8810 per share, increasing his direct holdings to 15,291.849 shares after the transaction.

Insider Trade Summary

Net Buyer: 942.172 shares

Net Buy 1 txn

Insider Boyer Ryan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	942.172	$23.881	$23K

Holdings After Transaction: Class I Common Stock — 15,291.849 shares (Direct)

Key Figures

Shares granted: 942.172 shares Grant price: $23.8810 per share Post-transaction holdings: 15,291.849 shares

3 metrics

Shares granted 942.172 shares Class I Common Stock grant on May 1, 2026

Grant price $23.8810 per share Value used for the May 1, 2026 award

Post-transaction holdings 15,291.849 shares Director Ryan Boyer’s direct holdings after grant

Key Terms

Form 4, Class I Common Stock, non-derivative, grant, award, or other acquisition

4 terms

Form 4 regulatory

"according to the Form 4 insider filing details"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Class I Common Stock financial

"942.172 shares of Class I Common Stock as a grant"

non-derivative financial

"The Form 4 shows a non-derivative acquisition coded “A”"

grant, award, or other acquisition financial

"coded “A,” described as a grant, award, or other acquisition"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/05/2026 - 10:19 AM Learn about SEC filing dates

FAQ

What insider transaction did FSREI director Ryan Boyer report?

Director Ryan Boyer reported receiving 942.172 shares of Class I Common Stock as a grant or award. This non-derivative acquisition increased his direct ownership to 15,291.849 shares following the transaction, according to the Form 4 insider filing details.

At what price were Ryan Boyer’s FSREI shares valued in this Form 4?

The granted shares were valued at $23.8810 per share. This figure reflects the price used in the Form 4 for the 942.172 Class I Common Stock shares awarded to director Ryan Boyer on the reported transaction date.

How many FSREI shares does Ryan Boyer own after this transaction?

After the grant, Ryan Boyer directly owns 15,291.849 shares of Class I Common Stock. This total includes the newly awarded 942.172 shares reported in the Form 4 and represents his direct, non-derivative holdings following the acquisition.

What was the nature of Ryan Boyer’s FSREI Form 4 transaction?

The Form 4 shows a non-derivative acquisition coded “A,” described as a grant, award, or other acquisition. It reflects 942.172 Class I Common Stock shares awarded to director Ryan Boyer rather than an open-market purchase or sale transaction.

When did Ryan Boyer’s reported FSREI share grant occur?

The share grant to Ryan Boyer occurred on May 1, 2026. On that date, he received 942.172 shares of Class I Common Stock at a stated value of $23.8810 per share, as disclosed in the Form 4 insider transaction report.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boyer Ryan

(Last) (First) (Middle)

C/O FS CREDIT REAL ESTATE INCOME TRUST

3025 JFK BOULEVARD, OFC 500

(Street)

PHILADELPHIA PENNSYLVANIA 19112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FS Credit Real Estate Income Trust, Inc. [ NONE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class I Common Stock	05/01/2026		A		942.172	A	$23.881	15,291.849	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Ryan N. Boyer	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)