IRT director sells 500 shares under 10b5-1 plan

INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert reported an open-market sale of 500 shares of common stock at $16.33 per share.

Accepted by SEC EDGAR 05/01/2026 - 05:30 PM EDT

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Form Type

Rhea-AI Filing Summary

INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert reported an open-market sale of 500 shares of common stock at $16.33 per share. The transaction took place on May 1, 2026 and was executed under a pre-arranged Rule 10b5-1(c) trading plan dated December 3, 2025.

After this sale, Gebert directly holds 37,372 shares of Independence Realty Trust common stock, so the transaction represents a small portion of his reported direct holdings.

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	$16.33	$8K

Holdings After Transaction: Common stock — 37,372 shares (Direct)

Footnotes (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: $16.33 per share Shares held after: 37,372 shares +1 more

4 metrics

Shares sold 500 shares Open-market sale on May 1, 2026

Sale price $16.33 per share Price for 500 shares sold

Shares held after 37,372 shares Direct ownership following transaction

Trading plan date December 3, 2025 Date of Rule 10b5-1(c) plan adoption

Key Terms

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

4 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.

Common stock financial

"security_title: Common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

Richard D. Gebert reported an open-market sale of 500 shares of INDEPENDENCE REALTY TRUST, INC. common stock. The sale occurred on May 1, 2026 at a price of $16.33 per share, as disclosed in his Form 4 filing.

At what price did the IRT director sell his common stock shares?

The director sold his INDEPENDENCE REALTY TRUST, INC. common stock at $16.33 per share. This price applies to the 500 shares sold in the reported open-market transaction dated May 1, 2026, according to the Form 4 disclosure.

How many INDEPENDENCE REALTY TRUST (IRT) shares does the director hold after the sale?

Following the reported transaction, the director holds 37,372 shares of INDEPENDENCE REALTY TRUST, INC. common stock directly. This post-transaction balance in the Form 4 shows that the 500-share sale is small relative to his remaining direct ownership.

Was the IRT director’s stock sale made under a Rule 10b5-1 trading plan?

Yes. A footnote states the 500-share sale was made pursuant to a Rule 10b5-1(c) trading plan dated December 3, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, reducing the significance of trade timing.

Is the IRT insider transaction a buy or a sell of shares?

The Form 4 reports a sale of shares, not a purchase. It records an open-market sale of 500 shares of INDEPENDENCE REALTY TRUST, INC. common stock by director Richard D. Gebert, leaving him with 37,372 shares held directly afterward.

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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^*

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)
05/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	05/01/2026		S⁽¹⁾		500	D	$16.33	37,372	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	05/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR