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Inland Real Estate Income Trust grants 2,368 shares

A non-employee director's award vests in three scheduled installments, subject to continued service, with full vesting upon a liquidity event, death or disability.

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Form Type
4

Rhea-AI Filing Summary

Inland Real Estate Income Trust, Inc. director Alan F. Feldman was granted 2,368 shares of common stock on November 5, 2026, under the Employee and Director Restricted Share Plan, for his service as a non-employee director and without additional consideration. His reported direct holdings after the grant were 2,368 shares. The shares vest in equal installments of 33-1/3% on November 5, 2027, November 5, 2028, and November 5, 2029, subject to continued service; any then-unvested shares vest fully upon a liquidity event or his death or disability.

Insider FELDMAN ALAN F
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 2,368.265 $0.00 $0.00
Holdings After Transaction: Common Stock — 2,368.265 shares (Direct)
Holdings Before and After: Common Stock, 0 to 2,368.265 shares (Direct)
Footnotes (1)
  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.
Shares granted 2,368 shares Granted November 5, 2026
Direct shares following grant 2,368 shares Reported after the November 5, 2026 grant
Each vesting installment 33-1/3% Scheduled for November 5, 2027, November 5, 2028, and November 5, 2029, subject to continued service
Then-unvested shares vesting upon specified events 100% Upon a liquidity event or the reporting person's death or disability
Employee and Director Restricted Share Plan technical
"under the Issuer's Employee and Director Restricted Share Plan"
vested technical
"become vested in equal installments"
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

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How many INRE shares did Alan F. Feldman receive?

Alan F. Feldman, a director, was granted 2,368 shares of common stock on November 5, 2026, under the Employee and Director Restricted Share Plan. The shares were issued for his service as a non-employee director without additional consideration.

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

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SEC Form 4
FORM 4UNITED 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*
FELDMAN ALAN F

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock11/05/2026A2,368.265(1)A$02,368.265D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
Cathleen M. Hrtanek, Attorney-in-Fact11/06/2026
** Signature of Reporting PersonDate
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)

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