FS Credit Real Estate Income Trust (FSREI) director gets stock award

Rhea-AI Filing Summary

FS Credit Real Estate Income Trust, Inc. reported that director Karen Dougherty Buchholz received a grant of 943.7560 shares of Class I Common Stock on 2026-08-03 at $23.8409 per share. After this non-derivative grant/award acquisition, she directly holds 20,128.5710 shares of the company’s common stock.

Insider Trade Summary

Net Buyer: 943.756 shares

Net Buy 1 txn

Insider Buchholz Karen Dougherty

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	943.756	$23.8409	$22K

Holdings After Transaction: Class I Common Stock — 20,128.571 shares (Direct)

Key Figures

Shares acquired: 943.7560 shares Price per share: $23.8409 Total shares after transaction: 20,128.5710 shares

3 metrics

Shares acquired 943.7560 shares Non-derivative Class I Common Stock grant to director on 2026-08-03

Price per share $23.8409 Value assigned to the 2026-08-03 Class I Common Stock grant

Total shares after transaction 20,128.5710 shares Director’s direct holdings of Class I Common Stock following the grant

Key Terms

Class I Common Stock, grant/award acquisition, non-derivative

3 terms

Class I Common Stock financial

"security_title: Class I Common Stock"

grant/award acquisition financial

"transaction_action: grant/award acquisition"

non-derivative financial

"transaction_type: non-derivative"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/05/2026 - 08:40 PM Accepted by SEC EDGAR 08/05/2026 - 08:40 PM Learn about SEC filing dates

FAQ

What insider transaction did FSREI director Karen Dougherty Buchholz report?

Karen Dougherty Buchholz reported receiving a grant of 943.7560 shares of Class I Common Stock in FS Credit Real Estate Income Trust. The non-derivative grant was dated 2026-08-03 and was reported as a grant/award acquisition on a Form 4 filing.

At what price was the FSREI director’s recent stock grant recorded?

The reported grant to the FSREI director was valued at $23.8409 per share for the 943.7560 Class I Common Stock shares. This per-share value is based on the transaction price disclosed in the Form 4 insider report for the 2026-08-03 grant.

How many FSREI shares does Karen Dougherty Buchholz hold after the reported grant?

Following the reported transaction, Karen Dougherty Buchholz directly holds 20,128.5710 shares of FS Credit Real Estate Income Trust Class I Common Stock. This total reflects her position immediately after the 943.7560-share non-derivative grant disclosed in the Form 4.

Was the FSREI director’s transaction in derivative or non-derivative securities?

The transaction reported by the FSREI director involved non-derivative securities, specifically Class I Common Stock. The Form 4 identifies the security type as non-derivative, indicating it was a straightforward grant of common shares rather than options or other derivative instruments.

What type of acquisition was reported for the FSREI director’s new shares?

The acquisition was classified as a grant/award acquisition of non-derivative Class I Common Stock. This indicates the 943.7560 shares were received as a grant or award, rather than purchased on the open market, and increased her direct holdings in FS Credit Real Estate Income Trust.

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 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)
08/03/2026

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	08/03/2026		A		943.756	A	$23.8409	20,128.571	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	08/05/2026
	** 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)