Director at FS Credit REIT (FSREI) awarded 916 Class I shares

Rhea-AI Filing Summary

FS Credit Real Estate Income Trust, Inc. reported that director Terence J. Connors received a grant of 916 shares of Class I Common Stock. The award was recorded at $23.881 per share and is characterized as a grant or other acquisition, not an open-market purchase. Following this award, Connors directly holds 17,947.727 shares of the company’s Class I Common Stock.

Insider Trade Summary

Net Buyer: 916 shares

Net Buy 1 txn

Insider Connors Terence J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	916	$23.881	$22K

Holdings After Transaction: Class I Common Stock — 17,947.727 shares (Direct)

Key Figures

Share grant size: 916 shares Grant price per share: $23.881 per share Post-transaction holdings: 17,947.727 shares

3 metrics

Share grant size 916 shares Class I Common Stock grant to director Terence J. Connors

Grant price per share $23.881 per share Reported value for Class I Common Stock grant

Post-transaction holdings 17,947.727 shares Director Terence J. Connors direct Class I Common Stock holdings after grant

Key Terms

Class I Common Stock, Form 4, grant/award acquisition

3 terms

Class I Common Stock financial

"security_title: "Class I Common Stock""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

grant/award acquisition financial

"transaction_action: "grant/award 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 - 10:20 AM Learn about SEC filing dates

FAQ

What did FSREI director Terence J. Connors report on this Form 4?

Director Terence J. Connors reported receiving a grant of 916 shares of Class I Common Stock. The filing classifies this as a grant or award acquisition, meaning it is compensation-related rather than an open-market stock purchase or sale.

At what price was the FSREI share grant to Terence J. Connors recorded?

The 916-share grant to Terence J. Connors was recorded at $23.881 per share. This price reflects the value used for reporting the transaction and does not necessarily indicate an open-market trading price at the time of the grant.

How many FSREI shares does Terence J. Connors hold after this transaction?

After this grant, Terence J. Connors directly holds 17,947.727 shares of Class I Common Stock. This figure includes the newly awarded 916 shares and represents his reported direct ownership position following the transaction.

Was the FSREI transaction a market buy or a compensation award?

The transaction was classified as a grant or award acquisition, not a market purchase. This means the 916 shares were received as part of compensation or a similar award program, rather than being bought on the open market by the director.

Does this FSREI Form 4 show any stock sales by Terence J. Connors?

No stock sales are reported in this Form 4 for Terence J. Connors. The filing shows only a single acquisition of 916 shares through a grant or award, with no accompanying dispositions or open-market sales disclosed in the summarized data.

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^*

Connors Terence J

(Last) (First) (Middle)

C/O FS CREDIT REAL ESTATE INCOME TRUST

3025 JFK BOULEVARD, OFC 500

(Street)

PHILADELPHIA PENNSYLVANIA 19104

(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		916	A	$23.881	17,947.727	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/ Terence J. Connors	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)