InPoint director granted 728 Class I shares
Rhea-AI Filing Summary
InPoint Commercial Real Estate Income, Inc. (ICR) reported that director Cynthia Foster received a grant of 728.4966 shares of Class I Common Stock on September 16, 2026 under the company’s Independent Director Restricted Share Plan, at $0.00 per share as compensation for service as a non-employee director.
The grant vests in three equal installments of 33⅓% on September 16, 2027, 2028 and 2029, subject to continued service, with any unvested shares becoming fully vested upon a liquidity event or the director’s death or disability. After this grant, she holds 4,572.313 Class I shares, including shares acquired through the Distribution Reinvestment Plan, and 10,800 Class P shares, all held directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 728.4966 shares
Grant/Award
2 txns
Insider
Foster Cynthia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class I Common Stock F1, F2 | 728.4966 | $0.00 | $0.00 |
| holding | Class P Common Stock | -- | -- | -- |
Holdings After Transaction:
Class I Common Stock — 4,572.313 shares (Direct);
Class P Common Stock — 10,800 shares (Direct)
Footnotes (2)
- F1. Shares of common stock were granted to the reporting person under the Issuer's Independent Director Restricted Share Plan. These shares were issued on account of the reporting person's service as a non-employee director of the Issuer and without additional consideration. The shares become vested in equal installments of 33-1/3% on September 16, 2027, September 16, 2028 and September 16, 2029, subject to the reporting person's continued service to the Issuer, provided that 100% of any then unvested shares becomes fully vested upon the consummation of a liquidity event or the reporting person's death or disability.
- F2. Includes shares of common stock previously acquired through the Issuer's Distribution Reinvestment Plan (DRP).
Key Figures
Class I shares granted: 728.4966 shares
Grant price per Class I share: $0.00 per share
Class I shares held after transaction: 4,572.313 shares
+3 more
6 metrics
Class I shares granted
728.4966 shares
Restricted stock grant to Cynthia Foster on September 16, 2026
Grant price per Class I share
$0.00 per share
Issued without additional consideration under Independent Director Restricted Share Plan
Class I shares held after transaction
4,572.313 shares
Direct holdings by Cynthia Foster after the September 16, 2026 grant
Class P shares held
10,800 shares
Direct Class P Common Stock holdings reported as of September 16, 2026
Vesting installments
33-1/3% per year
Vesting on September 16, 2027, 2028 and 2029, subject to continued service
Vesting acceleration triggers
Liquidity event, death, or disability
Any unvested shares become fully vested upon these events
Key Terms
Independent Director Restricted Share Plan, Distribution Reinvestment Plan (DRP), liquidity event, non-employee director
4 terms
Distribution Reinvestment Plan (DRP) financial
"Includes shares of common stock previously acquired through the Issuer's Distribution Reinvestment Plan (DRP)."
liquidity event financial
"100% of any then unvested shares becomes fully vested upon the consummation of a liquidity event"
A liquidity event is a transaction that converts ownership in a privately held or illiquid asset into cash or a marketable security, such as a sale, merger, public stock offering, or buyout. It matters to investors because it provides a clear way to realize returns or recover capital—think of it as turning a house into a cash sale—so the timing, price and structure of the event determine how much money stakeholders actually receive.
non-employee director financial
"These shares were issued on account of the reporting person's service as a non-employee director"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did director Cynthia Foster acquire in this Form 4 for ICR?
She received a grant of 728.4966 shares of Class I Common Stock on September 16, 2026 as compensation under InPoint’s Independent Director Restricted Share Plan, issued without additional cash consideration and subject to multi-year vesting.
Was this ICR insider grant made under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 plan is reported in connection with this grant of Class I Common Stock to Cynthia Foster.
AI-generated analysis. How Rhea-AI works. Not financial advice.
