How many Chiron Real Estate (XRN) shares did the director-related trusts buy?

Trust accounts associated with director Marston Ronald bought a combined 1,500 Chiron Real Estate common shares. The Form 4 lists three separate open-market purchases, each recorded as an indirect ownership position held by trust rather than directly by the director.

Director adds 1,500 Chiron Real Estate (XRN) shares via trust purchases

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Chiron Real Estate Inc. director Marston Ronald reported multiple open-market purchases of common stock for trust accounts. On May 12, 2026, trusts associated with him bought a total of 1,500 shares at prices around $34 per share, increasing indirect holdings in each account. After these transactions, the respective trust accounts held 3,066, 2,766, and 1,755 shares of common stock. The shares are reported on a post-split basis following the company’s 1-for-5 reverse stock split completed on September 19, 2025.

Insider Trade Summary

Net Buyer: 1,500 shares ($51,110)

Net Buy 3 txns

Insider Marston Ronald

Role null

Bought 1,500 shs ($51K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	189	$34.045	$6K
Purchase	Common Stock	1,011	$34.0592	$34K
Purchase	Common Stock	300	$34.1399	$10K

Holdings After Transaction: Common Stock — 1,755 shares (Indirect, By Trust)

Footnotes (1)

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Key Figures

Shares purchased (trade 1): 300 shares at $34.1399 Shares purchased (trade 2): 1,011 shares at $34.0592 Shares purchased (trade 3): 189 shares at $34.0450 +5 more

8 metrics

Shares purchased (trade 1) 300 shares at $34.1399 Open-market purchase on May 12, 2026; indirect by trust

Shares purchased (trade 2) 1,011 shares at $34.0592 Open-market purchase on May 12, 2026; indirect by trust

Shares purchased (trade 3) 189 shares at $34.0450 Open-market purchase on May 12, 2026; indirect by trust

Total net shares bought 1,500 shares Sum of reported open-market purchases

Post-trade holdings (account 1) 3,066 shares Indirect ownership by trust after transaction

Post-trade holdings (account 2) 2,766 shares Indirect ownership by trust after transaction

Post-trade holdings (account 3) 1,755 shares Indirect ownership by trust after transaction

Reverse stock split ratio 1-for-5 Completed September 19, 2025; shares reported on post-split basis

Key Terms

open-market purchase, indirect, By Trust, reverse stock split, +1 more

5 terms

open-market purchase financial

"transaction_action: "open-market purchase" for each common stock trade"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

indirect financial

"ownership_type: "indirect" and ownership_code: "I" for these holdings"

By Trust financial

"nature_of_ownership: "By Trust" describing how the shares are held"

reverse stock split financial

"1-for-5 reverse stock split of the issuer's common stock"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

post-split basis financial

"Shares are reflected on a post-split basis in accordance with the split"

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 07:03 PM

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^*

Marston Ronald

(Last)

(First)

(Middle)

7373 WISCONSIN AVENUE, SUITE 800

(Street)

BETHESDA

MARYLAND

20814

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chiron Real Estate Inc. [ XRN ]

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)
05/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		P		189	A	$34.045	1,755⁽¹⁾	I	By Trust
Common Stock	05/12/2026		P		1,011	A	$34.0592	2,766⁽¹⁾	I	By Trust
Common Stock	05/12/2026		P		300	A	$34.1399	3,066⁽¹⁾	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares are reflected on a post-split basis in accordance with the 1-for-5 reverse stock split of the Issuer's issued and outstanding shares of common stock completed on September 19, 2025.

	/s/ Jamie Barber, as Attorney-in-Fact	05/13/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Chiron Real Estate (XRN) disclose?

Chiron Real Estate disclosed that director Marston Ronald’s trust accounts bought 1,500 shares of common stock in open-market transactions. These purchases occurred at prices around $34 per share and increased the indirect holdings reported for each trust account.

At what prices were the Chiron Real Estate (XRN) shares purchased?

The reported open-market purchases were made at prices of $34.1399, $34.0592, and $34.0450 per share. These similar transaction prices indicate the shares were acquired around the same trading level on the disclosed transaction date.

How many Chiron Real Estate (XRN) shares do the trusts hold after these trades?

Following the reported purchases, the trust accounts held 3,066, 2,766, and 1,755 Chiron Real Estate common shares, respectively. These figures represent the post-transaction indirect holdings for each account as disclosed in the Form 4 filing.

Is the director’s ownership in Chiron Real Estate (XRN) direct or indirect?

The Form 4 states that these shares are held indirectly, noted as “By Trust” in the ownership description. This means the positions are in trust accounts associated with director Marston Ronald rather than in his direct personal name.

How did Chiron Real Estate’s reverse stock split affect the reported shares?

The filing notes that share amounts reflect a 1-for-5 reverse stock split completed on September 19, 2025. All reported share numbers in the Form 4 are presented on this post-split basis for consistency with the company’s current capital structure.