IRT director sells 500 shares in planned trade

INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert reported an open-market sale of company common stock.

Accepted by SEC EDGAR 07/01/2026 - 04:05 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert reported an open-market sale of company common stock. He sold 500 shares at a price of $16.75 per share and held 42,569 shares directly after the transaction. The trade was executed under a pre-set Rule 10b5-1(c) trading plan adopted on December 3, 2025.

Insider Trade Summary 10b5-1

Net Seller: 500 shares

Net Sell 1 txn

Insider Gebert Richard D

Role Director

Sold 500 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Common stock	500	$16.75	$8K

Holdings After Transaction: Common stock — 42,569 shares (Direct)

Footnotes (1)

1. F1. The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025

Key Figures

Shares sold: 500 shares Sale price: $16.75 per share Shares held after sale: 42,569 shares +2 more

5 metrics

Shares sold 500 shares Open-market sale of common stock

Sale price $16.75 per share Price for 500 IRT common shares sold

Shares held after sale 42,569 shares Direct ownership following the transaction

Net share change -500 shares Net sell direction from transaction summary

Transaction date July 1, 2026 Date of reported open-market sale

Key Terms

Rule 10b5-1(c) plan, open-market sale, Form 4

3 terms

Rule 10b5-1(c) plan regulatory

"The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025"

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did IRT director Richard D. Gebert report on this Form 4?

IRT director Richard D. Gebert reported selling 500 shares of Independence Realty Trust common stock. The sale was an open-market transaction at $16.75 per share and was disclosed as a routine insider trade on Form 4 for regulatory transparency.

At what price did Richard D. Gebert sell his IRT shares and how many were involved?

Richard D. Gebert sold 500 Independence Realty Trust (IRT) common shares at $16.75 per share. This small transaction size suggests a limited change in his overall economic exposure, especially given his remaining direct holdings reported after the sale.

How many Independence Realty Trust (IRT) shares does Richard D. Gebert hold after this sale?

After the reported sale, Richard D. Gebert directly holds 42,569 IRT common shares. This figure, disclosed in the Form 4, shows that the 500-share sale represented a relatively small portion of his total direct ownership position in the company.

Was Richard D. Gebert’s IRT stock sale made under a Rule 10b5-1 trading plan?

Yes. The filing notes the sale was made pursuant to a Rule 10b5-1(c) trading plan adopted on December 3, 2025. Such pre-arranged plans automate trades, reducing the informational significance of the precise timing of this 500-share open-market sale.

Does the IRT Form 4 indicate whether this was an open-market sale or another type of transaction?

The Form 4 identifies the transaction as an open-market or private sale of common stock. It uses transaction code “S,” indicating a sale, and describes the action as an open-market sale, providing clarity about how the 500 IRT shares were disposed of.

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).

X

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^*

Gebert Richard D

(Last) (First) (Middle)

1835 MARKET STREET

SUITE 2601

(Street)

PHILADELPHIA PENNSYLVANIA 19103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENCE REALTY TRUST, INC. [ IRT ]

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)
07/01/2026

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	07/01/2026		S(1)		500	D	$16.75	42,569	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. The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025

	/s/ James J. Sebra, attorney-in-fact	07/01/2026
	** 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)