Inland Real Estate Income Trust grants Henry 2,368 shares

Unvested shares become fully vested upon a liquidity event or Gwen Henry’s death or disability.

Available on EDGAR 11/06/2026 - 01:05 PM EST Accepted by SEC EDGAR 11/06/2026 - 01:04 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Inland Real Estate Income Trust, Inc. director Gwen Henry was granted 2,368 common shares on November 5, 2026, under the Employee and Director Restricted Share Plan for service as a non-employee director and without additional consideration. The shares vest in equal 33-1/3% installments on November 5, 2027, November 5, 2028 and November 5, 2029, subject to continued service; unvested shares vest fully upon a liquidity event or Gwen Henry’s death or disability. She directly held 15,244 shares after the transaction, including 204 shares acquired through the Distribution Reinvestment Plan since her last Form 4.

Insider Trade Summary

Grant/Award: 2,368.265 shares

Grant/Award 1 txn

Insider HENRY GWEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	2,368.265	$0.00	$0.00

Holdings After Transaction: Common Stock — 15,244.095 shares (Direct)

Holdings Before and After: Common Stock, 12,875.83 to 15,244.095 shares (Direct)

Footnotes (2)

1. F1. Shares of common stock were granted to the reporting person under the Issuer's Employee and 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 November 5, 2027, November 5, 2028, and November 5, 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 acquired through the Issuer's Distribution Reinvestment Plan (DRP), including 204.281 shares acquired through the DRP since the reporting person's last Form 4 filing.

Key Figures

Shares granted: 2,368 shares Shares held after transaction: 15,244 shares DRP shares acquired since last Form 4: 204 shares +2 more

5 metrics

Shares granted 2,368 shares Awarded November 5, 2026

Shares held after transaction 15,244 shares Direct holdings following the November 5, 2026 transaction

DRP shares acquired since last Form 4 204 shares Included in shares held after the transaction

Vesting per installment 33-1/3% Three equal installments

First vesting date November 5, 2027 First of three equal installments

Key Terms

Employee and Director Restricted Share Plan, Distribution Reinvestment Plan (DRP), liquidity event

3 terms

Employee and Director Restricted Share Plan financial

"under the Issuer's Employee and Director Restricted Share Plan"

Distribution Reinvestment Plan (DRP) financial

"acquired through the Issuer's Distribution Reinvestment Plan (DRP)"

liquidity event financial

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many INRE shares did Gwen Henry receive?

Gwen Henry, a non-employee director, was granted 2,368 common shares on November 5, 2026, for director service and without additional consideration. The award was made under the Employee and Director Restricted Share Plan.

When do Gwen Henry’s INRE restricted shares vest?

The shares vest in three equal 33-1/3% installments on November 5, 2027, November 5, 2028 and November 5, 2029, subject to Gwen Henry’s continued service. Any then-unvested shares become fully vested upon a liquidity event or her death or disability.

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

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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^*

HENRY GWEN

(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
Inland Real Estate Income Trust, 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)
11/05/2026

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 Stock	11/05/2026		A		2,368.265(1)	A	$0	15,244.095(2)	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 Employee and 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 November 5, 2027, November 5, 2028, and November 5, 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 acquired through the Issuer's Distribution Reinvestment Plan (DRP), including 204.281 shares acquired through the DRP since the reporting person's last Form 4 filing.

	Cathleen M. Hrtanek, Attorney-in-Fact	11/06/2026
	** 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)