Barry Sternlicht (SWDR) receives 343,930 Starwood REIT shares as fees
Rhea-AI Filing Summary
Starwood Real Estate Income Trust, Inc. director Barry Sternlicht reported an acquisition of 343,930 Class I Common Shares at $19.65 per share on a Form 4. The shares were received indirectly by entities including Starwood REIT Advisors L.L.C. and Starwood Real Estate Income Holdings, L.P. in settlement of management fees under the advisory agreement.
The filing shows Sternlicht now has indirect ownership of 6,797,796 Class I Common Shares, which includes shares acquired through the company’s Distribution Reinvestment Plan. Of these, 4,328,298 reportable securities are owned by Sternlicht personally, giving context to the size of this compensation-related award.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 343,930 shares
Net Buy
1 txn
Insider
STERNLICHT BARRY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class I Common Shares | 343,930 | $19.65 | $6.76M |
Holdings After Transaction:
Class I Common Shares — 6,797,796 shares (Indirect, By Starwood REIT Advisors L.L.C., Starwood Real Estate Income Holdings, L.P. and Barry Sternlicht.)
Footnotes (3)
- F1. Reflects shares paid to the advisor in settlement of management fees pursuant to the Issuer's advisory agreement.
- F2. Includes shares acquired through Issuer's Distribution Reinvestment Plan.
- F3. 4,328,298 of Reportable Securities are owned by Mr. Sternlicht personally.
Key Figures
Shares awarded: 343,930 shares
Award price: $19.65 per share
Total shares after transaction: 6,797,796 shares
+1 more
4 metrics
Shares awarded
343,930 shares
Class I Common Shares grant/award acquisition
Award price
$19.65 per share
Value used for the Class I Common Shares award
Total shares after transaction
6,797,796 shares
Indirect Class I Common Shares following transaction
Personally owned shares
4,328,298 shares
Reportable securities owned personally by Barry Sternlicht
Key Terms
Class I Common Shares, Distribution Reinvestment Plan, management fees, advisory agreement, +1 more
5 terms
Distribution Reinvestment Plan financial
"Includes shares acquired through Issuer's Distribution Reinvestment Plan."
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.
management fees financial
"shares paid to the advisor in settlement of management fees pursuant to the Issuer's advisory agreement."
Management fees are the regular charges a fund or investment manager takes for running an investment vehicle, covering tasks like selecting assets, monitoring portfolios and handling paperwork. For investors, these fees reduce returns over time much like an ongoing subscription cuts into your monthly budget—so lower fees or clearer value from the manager can meaningfully affect net gains and long-term performance.
advisory agreement financial
"settlement of management fees pursuant to the Issuer's advisory agreement."
An advisory agreement is a written contract that spells out the responsibilities, fees and length of time a company hires an outside advisor — such as a financial, strategic or legal consultant — to provide ongoing guidance. For investors, it matters because the agreement sets costs, performance expectations, and any limits or conflicts that can affect a company’s strategy and financial results, similar to seeing the terms of a hired expert before judging their influence.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Barry Sternlicht report for Starwood Real Estate Income Trust (SWDR)?
Barry Sternlicht reported receiving 343,930 Class I Common Shares as an acquisition. The shares were awarded indirectly to advisory-related entities as payment of management fees under the company’s advisory agreement, rather than through an open-market stock purchase or sale.
Was the Starwood Real Estate Income Trust (SWDR) transaction a market buy or a compensation award?
The transaction was a compensation-related award, not a market buy. Shares were paid to the advisor in settlement of management fees under the advisory agreement, and the Form 4 classifies the event as a grant, award, or other acquisition transaction.
What role does the Distribution Reinvestment Plan play in Barry Sternlicht’s Starwood REIT holdings?
The filing notes that Sternlicht’s reported holdings include shares acquired through the issuer’s Distribution Reinvestment Plan. This indicates part of his position has grown by reinvesting distributions into additional Class I Common Shares over time.