Director in FS Credit Real Estate (FSREI) awarded 784 shares

Rhea-AI Filing Summary

Schiff David M reported acquisition or exercise transactions in this Form 4 filing.

FS Credit Real Estate Income Trust, Inc. director David M. Schiff reported an award of 783.794 shares of Class I Common Stock at $23.9221 per share. After this grant, he holds a total of 10,760.370 shares directly.

Insider Trade Summary

Net Buyer: 783.794 shares

Net Buy 1 txn

Insider Schiff David M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	783.794	$23.9221	$19K

Holdings After Transaction: Class I Common Stock — 10,760.37 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 03:02 PM Learn about SEC filing dates

FAQ

What did FSREI director David M. Schiff report on this Form 4?

David M. Schiff reported an acquisition of 783.794 shares of Class I Common Stock as a grant or award. The transaction was recorded at $23.9221 per share and classified as a non-derivative equity award rather than an open-market purchase.

How many FSREI shares does David M. Schiff own after the reported award?

After the reported grant, David M. Schiff directly owns 10,760.370 shares of FS Credit Real Estate Income Trust, Inc. Class I Common Stock. This total reflects his holdings immediately following the March 2, 2026 award transaction disclosed in the Form 4 filing.

Was the FSREI transaction a purchase or an award for David M. Schiff?

The transaction was an award, not an open-market purchase. It is coded as “A” for grant, award, or other acquisition, and labeled as a grant/award acquisition of Class I Common Stock under the non-derivative transaction section of the Form 4.

What was the price used for the FSREI share award to David M. Schiff?

The award of 783.794 shares of Class I Common Stock to David M. Schiff used a price of $23.9221 per share. This figure represents the transaction price per share reported for the non-derivative equity grant on March 2, 2026.

Is David M. Schiff’s FSREI ownership reported as direct or indirect?

His ownership is reported as direct. The Form 4 marks the transaction with ownership code “D” for direct, and the nature of ownership field is blank, indicating the shares are not attributed to a separate entity such as a trust or partnership.

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^*

Schiff David M

(Last) (First) (Middle)

C/O FS CREDIT REAL ESTATE INCOME TRUST

3025 JFK BOULEVARD, OFC 500

(Street)

PHILADELPHIA PA 19104

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		A		783.794	A	$23.9221	10,760.37	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/ David M. Schiff	03/03/2026
	** 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.