Inland Real Estate Income Trust grants 2,368 shares

The award vests over three annual dates beginning in 2027, subject to continued service, with full vesting upon specified events.

Available on EDGAR 11/06/2026 - 01:04 PM EST Accepted by SEC EDGAR 11/06/2026 - 01:03 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Inland Real Estate Income Trust, Inc. (INRE) granted 2,368 shares of common stock to non-employee director Lee A. Daniels on November 5, 2026, for board service and without additional consideration. Daniels held 16,714 shares directly after the grant, including shares previously acquired through the Distribution Reinvestment Plan. The award vests in equal 33-1/3% installments on November 5, 2027, November 5, 2028, and November 5, 2029, subject to continued service; then-unvested shares become fully vested upon a liquidity event or Daniels's death or disability.

Insider Trade Summary

Grant/Award: 2,368.265 shares

Grant/Award 1 txn

Insider Daniels Lee A

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 — 16,714.036 shares (Direct)

Holdings Before and After: Common Stock, 14,345.771 to 16,714.036 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 previously acquired through the Issuer's Distribution Reinvestment Plan (DRP).

Key Figures

Common shares granted: 2,368 shares Common shares held directly after grant: 16,714 shares Each vesting installment: 33-1/3%

3 metrics

Common shares granted 2,368 shares Granted November 5, 2026

Common shares held directly after grant 16,714 shares Includes shares previously acquired through the Distribution Reinvestment Plan

Each vesting installment 33-1/3% Equal installments on November 5, 2027, November 5, 2028, and November 5, 2029

Key Terms

Employee and Director Restricted Share Plan, Distribution Reinvestment Plan, vested, liquidity event

4 terms

Employee and Director Restricted Share Plan financial

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

Distribution Reinvestment Plan financial

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

An automatic program that uses cash distributions—such as dividends or other payouts—from a stock or fund to buy additional shares of the same security instead of handing out cash to the investor. Think of it like using store credit you’d otherwise pocket to buy more items: it makes your holding grow over time without you having to manually reinvest, which can compound returns, reduce transaction costs and change the timing of taxable income.

vested financial

"vested in equal installments of 33-1/3%"

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 director Lee A. Daniels receive?

Lee A. Daniels received 2,368 shares on November 5, 2026. The shares were granted for service as a non-employee director under the Employee and Director Restricted Share Plan, without additional consideration.

When do Lee A. Daniels's INRE shares vest?

The shares vest in equal 33-1/3% installments on November 5, 2027, November 5, 2028, and November 5, 2029, subject to continued service. Then-unvested shares become fully vested upon a liquidity event or Daniels's death or disability.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Daniels Lee A

(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	16,714.036(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 previously acquired through the Issuer's Distribution Reinvestment Plan (DRP).

	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)