Equity award gives ILPT (ILPT) director June S. Youngs 12,514 new shares

Rhea-AI Filing Summary

Youngs June S. reported acquisition or exercise transactions in this Form 4 filing.

Industrial Logistics Properties Trust director June S. Youngs received an equity award of 12,514 common shares of beneficial interest on June 9, 2026. The shares were granted at no cost to the director under the company’s equity compensation plan and represent non-cash compensation.

Following this award, Youngs directly holds a total of 88,205 common shares. This filing records a routine compensation-related share grant, with no open-market buying or selling activity reported.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Youngs June S.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares of Beneficial Interest	12,514	$0.00	--

Holdings After Transaction: Common Shares of Beneficial Interest — 88,205 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Share award: 12,514 shares Grant price: $0.0000 per share Total holdings after grant: 88,205 shares

3 metrics

Share award 12,514 shares Grant of common shares on June 9, 2026

Grant price $0.0000 per share Equity compensation award, no cash paid

Total holdings after grant 88,205 shares Direct ILPT common shares held by June S. Youngs after transaction

Key Terms

equity compensation plan, Grant, award, or other acquisition, Common Shares of Beneficial Interest

3 terms

equity compensation plan financial

"Transaction reported is award of shares pursuant to the Issuer's equity compensation plan."

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Shares of Beneficial Interest financial

"security_title": "Common Shares of Beneficial Interest""

Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Youngs June S.

(Last) (First) (Middle)

C/O THE RMR GROUP LLC

TWO NEWTON PL., 255 WASH. ST., STE. 300

(Street)

NEWTON MASSACHUSETTS 02458

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Industrial Logistics Properties Trust [ ILPT ]

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)
06/09/2026

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
Common Shares of Beneficial Interest	06/09/2026		A		12,514	A	(1)	88,205	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. Transaction reported is award of shares pursuant to the Issuer's equity compensation plan.

	/s/ June S. Youngs	06/10/2026
	** 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)

FAQ

What insider transaction did ILPT director June S. Youngs report?

June S. Youngs reported receiving an award of 12,514 ILPT common shares. The filing describes this as a grant under Industrial Logistics Properties Trust’s equity compensation plan, with no purchase price, reflecting routine share-based director compensation rather than an open-market transaction.

How many ILPT shares does June S. Youngs hold after this Form 4?

After the reported award, June S. Youngs directly holds 88,205 ILPT common shares. This total includes the 12,514 shares granted on June 9, 2026, and represents her direct ownership position reported in this Form 4 filing for Industrial Logistics Properties Trust.

Was cash paid for the 12,514 ILPT shares granted to June S. Youngs?

No cash was paid for the 12,514 ILPT shares. The filing shows a transaction price per share of 0.0000, indicating the common shares were issued as an award under Industrial Logistics Properties Trust’s equity compensation plan rather than purchased in the market.

What does the transaction code 'A' mean in the ILPT Form 4?

In this ILPT Form 4, transaction code “A” denotes a grant, award, or other acquisition. The filing identifies the event as a grant of 12,514 common shares to June S. Youngs as equity compensation, not an open-market buy or sell transaction.

Is the ILPT Form 4 for June S. Youngs an open-market buy or sell?

The ILPT Form 4 does not report an open-market buy or sell. It records an award of 12,514 common shares granted at no cost under the company’s equity compensation plan, categorized as a grant or award acquisition rather than a market trade.