InPoint grants 728 Class I shares to director

Rhea-AI Filing Summary

InPoint Commercial Real Estate Income, Inc. (ICRL) reported that director Robert N. Jenkins received a grant of 728.4966 shares of Class I Common Stock on September 16, 2026 as a compensation award under the company’s Independent Director Restricted Share Plan, without additional cash consideration.

The shares vest in three equal installments of 33-1/3% on September 16, 2027, 2028, and 2029, subject to his continued service, with any unvested portion becoming fully vested upon a liquidity event or upon his death or disability. After this grant, he holds 4,572.3130 Class I shares (including shares acquired through the Distribution Reinvestment Plan) and 4,800 Class P shares, all reported as directly owned.

Insider Trade Summary

Grant/Award: 728.4966 shares

Grant/Award 2 txns

Insider Jenkins Robert N

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 — 4,800 shares (Direct)

Footnotes (2)

1. 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.
2. 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 Vesting schedule per year: 33-1/3% of granted shares Class I shares after grant: 4,572.3130 shares +2 more

5 metrics

Class I shares granted 728.4966 shares Grant to director on September 16, 2026 under Independent Director Restricted Share Plan

Vesting schedule per year 33-1/3% of granted shares Vesting on September 16, 2027, 2028 and 2029, subject to continued service

Class I shares after grant 4,572.3130 shares Total direct Class I holdings by director after September 16, 2026 grant, including DRP shares

Class P shares held 4,800.0000 shares Direct Class P Common Stock holdings by director as of the reported date

Vesting acceleration 100% of unvested shares Accelerated vesting upon a liquidity event or the director’s death or disability

Key Terms

Independent Director Restricted Share Plan, Distribution Reinvestment Plan (DRP), liquidity event, non-employee director

4 terms

Independent Director Restricted Share Plan financial

"Shares of common stock were granted ... under the Issuer's Independent Director Restricted Share Plan"

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

"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 insider transaction did ICRL report for director Robert N. Jenkins?

ICRL reported that director Robert N. Jenkins received a grant of 728.4966 Class I Common Stock shares on September 16, 2026 as equity compensation under the Independent Director Restricted Share Plan, issued without additional cash consideration.

How do the new Class I shares granted to the ICRL director vest?

The 728.4966 Class I shares vest in equal installments of 33-1/3% on September 16, 2027, September 16, 2028, and September 16, 2029, contingent on continued service, with full vesting upon a liquidity event or the director’s death or disability.

What are Robert N. Jenkins’ total Class I share holdings in ICRL after the grant?

After the September 16, 2026 grant, Robert N. Jenkins holds 4,572.3130 shares of Class I Common Stock directly, which includes shares previously acquired through InPoint’s Distribution Reinvestment Plan.

How many Class P shares of ICRL does the director hold?

The filing states that Robert N. Jenkins directly holds 4,800.0000 shares of Class P Common Stock of InPoint Commercial Real Estate Income, Inc. as of the reported date.

Was the ICRL director’s share grant made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 plan is reported for this transaction, and the shares were granted as compensation under the Independent Director Restricted Share Plan.

What triggers accelerated vesting of the ICRL director’s restricted shares?

Any then unvested Class I shares from this grant become 100% vested upon consummation of a liquidity event for InPoint Commercial Real Estate Income, Inc., or upon the director’s death or disability.

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

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Available on EDGAR 09/18/2026 - 04:11 PM Accepted by SEC EDGAR 09/18/2026 - 04:10 PM Learn about SEC filing dates

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^*

Jenkins Robert N

(Last) (First) (Middle)

2901 BUTTERFIELD ROAD

(Street)

OAK BROOK ILLINOIS 60523

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
InPoint Commercial Real Estate Income, Inc. [ N/A ]

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)
09/16/2026

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	09/16/2026		A		728.4966(1)	A	$0	4,572.313(2)	D
Class P Common Stock								4,800	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:

1. 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.

2. Includes shares of common stock previously acquired through the Issuer's Distribution Reinvestment Plan (DRP).

	/s/ Catherine L. Lynch, Attorney-in-fact	09/18/2026
	** 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)