Invesco (NYSE: IVZ) unit transfers 110K REIT shares back to issuer

Rhea-AI Filing Summary

Invesco-affiliated entities reported an insider transaction involving Invesco Commercial Real Estate Finance Trust, Inc.. On February 27, 2026, Invesco Advisers, Inc., an indirect wholly owned subsidiary of Invesco Ltd., disposed of 110,485.217 shares of Class E Common Stock back to the issuer at $25.7799 per share in a disposition to the issuer. Following this repurchase, Invesco Advisers, Inc. reported holding 423,806.623 shares of Class E Common Stock.

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).

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^*

Invesco Advisers, Inc.

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Invesco Commercial Real Estate Finance 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)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

	Form filed by One Reporting Person
X	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
Class E Common Stock, $0.01 par value	02/27/2026		D		110,485.217(1)	D	$25.7799	423,806.623	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

1. Name and Address of Reporting Person^*

Invesco Advisers, Inc.

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Invesco Group Services, Inc.

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

OppenheimerFunds, Inc.

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

OPPENHEIMER ACQUISITION CORP

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

IVZ Inc

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

INVESCO HOLDING CO LTD

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Invesco Ltd.

(Last) (First) (Middle)

1331 SPRING STREET NW, SUITE 2500

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Represents the repurchase of shares of Class E Common Stock held by Invesco Advisers, Inc., which is a wholly owned indirect subsidiary of Invesco Ltd., the ultimate parent entity. The Reporting Persons are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ Tina Carew, Attorney-in-Fact, for Invesco Advisers, Inc	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for Invesco Group Services, Inc.	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for OppenheimerFunds Inc.	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for Oppenheimer Acquisition Corp	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company (US), Inc. (FKA IVZ Inc.)	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for Invesco Holding Company Limited	03/03/2026
	/s/ Tina Carew, Attorney-in-Fact, for Invesco Ltd.	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Invesco (IVZ) report in this Form 4?

Invesco reported a disposition of Class E Common Stock of Invesco Commercial Real Estate Finance Trust, Inc. Invesco Advisers, Inc. transferred shares back to the issuer in a repurchase transaction classified as a disposition to the issuer under Section 16 reporting rules.

How many shares did Invesco Advisers, Inc. dispose of in this filing?

Invesco Advisers, Inc. disposed of 110,485.217 shares of Class E Common Stock. These shares were repurchased by Invesco Commercial Real Estate Finance Trust, Inc., reducing the reporting entity’s holdings while recording the transaction as a disposition to the issuer on the Form 4.

What price per share was reported for the Invesco Class E stock disposition?

The reported transaction price was $25.7799 per share of Class E Common Stock. This price applies to the 110,485.217 shares repurchased by Invesco Commercial Real Estate Finance Trust, Inc. from Invesco Advisers, Inc. in the issuer disposition transaction.

How many shares does Invesco Advisers, Inc. hold after the disposition?

After the disposition, Invesco Advisers, Inc. reported holding 423,806.623 shares of Class E Common Stock. This figure reflects the remaining direct holdings following the issuer’s repurchase of 110,485.217 shares in the reported transaction.

Which Invesco entities are listed as reporting persons in this Form 4?

The reporting persons include Invesco Advisers, Inc., Invesco Group Services, Inc., OppenheimerFunds, Inc., Oppenheimer Acquisition Corp, IVZ Inc, Invesco Holding Co Ltd, and Invesco Ltd., reflecting the corporate group involved for Section 16 director-by-deputization purposes.

Who actually held the repurchased shares in the Invesco Form 4 transaction?

The repurchased shares were held by Invesco Advisers, Inc., described as a wholly owned indirect subsidiary of Invesco Ltd.. The Form 4 notes that the reporting persons are directors by deputization for Section 16 purposes in relation to these holdings.