Director at FS Credit Real Estate (FSREI) receives 940-share stock award

Rhea-AI Filing Summary

FS Credit Real Estate Income Trust, Inc. director Karen Dougherty Buchholz reported an equity award of Class I Common Stock. She acquired 940.5530 shares on March 2, 2026 at a stated price of $23.9221 per share as a grant, award, or other acquisition, not an open-market purchase. Following this transaction, her directly held Class I Common Stock position increased to 17,670.6820 shares.

Insider Trade Summary

Net Buyer: 940.553 shares

Net Buy 1 txn

Insider Buchholz Karen Dougherty

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	940.553	$23.9221	$23K

Holdings After Transaction: Class I Common Stock — 17,670.682 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 02:59 PM Learn about SEC filing dates

FAQ

What did FSREI director Karen Dougherty Buchholz report in this Form 4?

She reported receiving an equity award of Class I Common Stock. The award covered 940.5530 shares at a stated price of $23.9221 per share, classified as a grant, award, or other acquisition rather than an open-market trade.

How many FSREI shares did the director hold after the reported transaction?

After the transaction, the director directly held 17,670.6820 shares of Class I Common Stock. This total reflects the newly reported award of 940.5530 shares added to her prior holdings, as disclosed in the ownership figures following the transaction.

Was the FSREI Form 4 transaction an open-market buy or a stock award?

The Form 4 identifies the transaction as a grant, award, or other acquisition, not an open-market buy. It uses transaction code A, which the filing describes as a grant or award of 940.5530 shares of Class I Common Stock at $23.9221 per share.

What is the transaction direction shown in the FSREI Form 4 filing?

The transaction direction is reported as an acquisition. Specifically, it is characterized as a grant or award of Class I Common Stock, increasing the director’s directly owned position by 940.5530 shares on the transaction date of March 2, 2026.

Does the FSREI Form 4 show direct or indirect ownership of the awarded shares?

The filing classifies the director’s ownership of these shares as direct, using ownership code "D". There is no additional nature-of-ownership description or footnote assigning voting or investment power to another entity for the 940.5530 awarded shares.

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^*

Buchholz Karen Dougherty

(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		940.553	A	$23.9221	17,670.682	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/ Karen D. Buchholz	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.