Starwood Real Estate Income Trust (SWDR) grants 37,983 Class I units
Rhea-AI Filing Summary
Creedon Nora reported acquisition or exercise transactions in this Form 4 filing.
Starwood Real Estate Income Trust, Inc. reported that officer Nora Creedon received a grant of 37,983 Class I Partnership Units at a price of $0.00 per unit. These units will vest only if she continues her employment and then can settle in Operating Partnership Units, Class I common shares, or cash at the discretion of Starwood REIT Special Limited Partner, LLC. Operating Partnership Units are redeemable for an equal number of REIT common shares or cash equal to their fair market value and have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Creedon Nora
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class I Partnership Units | 37,983 | $0.00 | $0.00 |
Holdings After Transaction:
Class I Partnership Units — 37,983 shares (Direct)
Footnotes (3)
- F1. Upon vesting, Class I Partnership Units settle in Operating Partnership Units, Common Shares or Cash, at the discretion of the Starwood REIT Special Limited Partner, LLC.
- F2. The reported Class I Partnership Units will vest, subject to the Reporting Person's continued employment.
- F3. Operating Partnership Units are redeemable for an equal number of shares of REIT Common Stock or cash equal to the fair market value of such shares. Operating Partnership Units have no expiration date.
Key Figures
Class I Partnership Units granted: 37,983 units
Grant price per unit: $0.00 per unit
Units held after transaction: 37,983 units
3 metrics
Class I Partnership Units granted
37,983 units
Equity award to officer Nora Creedon on March 19, 2026
Grant price per unit
$0.00 per unit
Compensation-related grant, no cash paid by recipient
Units held after transaction
37,983 units
Total Class I Partnership Units directly held following award
Key Terms
Class I Partnership Units, Operating Partnership Units, fair market value, vest, +1 more
5 terms
Class I Partnership Units financial
"The reported Class I Partnership Units will vest, subject to the Reporting Person's continued employment."
Operating Partnership Units financial
"Upon vesting, Class I Partnership Units settle in Operating Partnership Units, Common Shares or Cash..."
Operating partnership units are ownership stakes in a limited partnership that typically sits under a real estate investment trust or similar corporate structure; each unit represents a claim on the partnership’s cash flow and assets and is often convertible into the parent company’s common shares. For investors, these units matter because they convey economic interest and potential voting influence, can be used to compensate managers, and may dilute or change the value of common shares — think of them as second-layer shares that interact with the main stock like shares in a holding company.
fair market value financial
"cash equal to the fair market value of such shares."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vest financial
"The reported Class I Partnership Units will vest, subject to the Reporting Person's continued employment."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
no expiration date financial
"Operating Partnership Units have no expiration date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Starwood Real Estate Income Trust (SWDR) report?
Starwood Real Estate Income Trust reported a compensation-related grant to officer Nora Creedon of 37,983 Class I Partnership Units at $0.00 per unit. This is an equity award, not an open-market purchase or sale, and is reflected as a derivative acquisition.
How many units did Nora Creedon acquire in this Starwood (SWDR) Form 4 filing?
Nora Creedon was granted 37,983 Class I Partnership Units. Following the award, she holds 37,983 such units directly. These units represent a form of equity-based compensation that can later settle into Operating Partnership Units, Class I common shares, or cash as described.
Are the Starwood (SWDR) Class I Partnership Units immediately vested for Nora Creedon?
No, the Class I Partnership Units will vest only if Nora Creedon continues her employment. Vesting is a common condition in equity awards and means she must remain employed for the units to fully convert into the underlying Operating Partnership Units, Class I common shares, or cash.
What can Nora Creedon receive when her Starwood (SWDR) Class I Partnership Units vest?
Upon vesting, the Class I Partnership Units may settle in Operating Partnership Units, Class I common shares, or cash. The choice among these settlement forms is made by Starwood REIT Special Limited Partner, LLC, providing flexibility in how the award is ultimately delivered.