Director at FS Credit Real Estate Income Trust (FSREI) receives stock grant

Rhea-AI Filing Summary

HANKOWSKY WILLIAM P reported acquisition or exercise transactions in this Form 4 filing.

FS Credit Real Estate Income Trust, Inc. director William P. Hankowsky received an award of 785.143 shares of Class I Common Stock on May 1, 2026 at a value of $23.881 per share. After this grant, he directly holds a total of 6,236.973 shares.

Insider Trade Summary

Net Buyer: 785.143 shares

Net Buy 1 txn

Insider HANKOWSKY WILLIAM P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class I Common Stock	785.143	$23.881	$19K

Holdings After Transaction: Class I Common Stock — 6,236.973 shares (Direct)

Key Figures

Shares granted: 785.143 shares Grant price: $23.881 per share Total shares held after grant: 6,236.973 shares

3 metrics

Shares granted 785.143 shares Class I Common Stock grant on May 1, 2026

Grant price $23.881 per share Value per share for the reported stock award

Total shares held after grant 6,236.973 shares Direct ownership following the Form 4 transaction

Key Terms

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

3 terms

Class I Common Stock financial

"security_title: "Class I Common Stock""

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

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.

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 - 10:21 AM Learn about SEC filing dates

FAQ

What insider transaction did FSREI director William P. Hankowsky report?

Director William P. Hankowsky reported receiving an award of 785.143 shares of Class I Common Stock. The shares were granted as a grant/award acquisition, rather than an open-market purchase, and increase his direct ownership in FS Credit Real Estate Income Trust, Inc..

At what price were the FSREI shares valued in Hankowsky’s Form 4 filing?

The awarded shares were valued at $23.881 per share. This price is used in the Form 4 to reflect the fair value of the Class I Common Stock grant reported for director William P. Hankowsky on the stated transaction date.

How many FSREI shares does William P. Hankowsky hold after this grant?

Following the reported grant, William P. Hankowsky directly holds 6,236.973 shares of Class I Common Stock. This total reflects his direct ownership after adding the 785.143 shares awarded on May 1, 2026, as disclosed in the Form 4 filing.

Was the FSREI insider transaction a market purchase or an equity award?

The transaction was an equity award, classified as a grant, award, or other acquisition under code “A.” It was not an open-market buy or sell, but rather compensation-related stock issued to director William P. Hankowsky by the company.

Does the FSREI Form 4 show any stock sales by William P. Hankowsky?

The Form 4 shows no stock sales by William P. Hankowsky. It reports only an acquisition of 785.143 shares through a grant/award transaction, increasing his direct holdings of Class I Common Stock in FS Credit Real Estate Income Trust, Inc.

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^*

HANKOWSKY WILLIAM P

(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		785.143	A	$23.881	6,236.973	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/ William Hankowsky	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)