Independence Realty Trust (IRT) director logs small 500-share planned sale

Rhea-AI Filing Summary

Independence Realty Trust director Richard D. Gebert sold 500 shares of common stock in an open-market transaction at $16.47 per share. After this sale, he directly owned 38,372 shares. The transaction was executed under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 5, 2024.

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

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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 PA 19103

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/02/2026		S(1)		500	D	$16.47	38,372	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 12-05-2024

	/s/ James J. Sebra, attorney-in-fact	03/03/2026
	** 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.

FAQ

What insider transaction did IRT director Richard D. Gebert report?

IRT director Richard D. Gebert reported selling 500 shares of common stock. The open-market sale was made at $16.47 per share, reflecting a small reduction in his direct ownership position under a pre-arranged Rule 10b5-1 trading plan.

At what price did Richard D. Gebert sell his IRT shares?

Richard D. Gebert sold his IRT common stock at $16.47 per share. This price represents the sale value disclosed for the 500 shares in the open-market transaction reported in the Form 4 filing for Independence Realty Trust.

How many IRT shares does Richard D. Gebert own after this Form 4 sale?

After the reported sale, Richard D. Gebert directly owns 38,372 IRT common shares. This post-transaction balance shows only a modest decrease from his prior holdings, based on the 500 shares sold in the disclosed transaction.

Was the IRT insider sale made under a Rule 10b5-1 trading plan?

Yes, the sale was executed under a Rule 10b5-1(c) trading plan. The footnote explains the plan was adopted on December 5, 2024, indicating the trade was pre-arranged rather than a discretionary, opportunistic sale by the director.

What type of transaction did Richard D. Gebert execute in IRT stock?

He executed an open-market sale of IRT common stock. The Form 4 describes the transaction as a sale in the open market or a private transaction, with 500 shares sold at $16.47 per share and direct ownership reported afterward.

Does the Form 4 indicate indirect ownership or related entities for the IRT shares?

No, the filing shows the shares are held with direct ownership. The ownership code is listed as “D” for direct, and the nature of ownership field does not reference any trusts, partnerships, or other related entities holding the reported IRT shares.