CFO at Starwood REIT (SWDR) awarded 3,798 Class I partnership units
Rhea-AI Filing Summary
Nieto Joseph reported acquisition or exercise transactions in this Form 4 filing.
Starwood Real Estate Income Trust Chief Financial Officer Joseph Nieto received a grant of 3,798 Class I Partnership Units at no cost. These units vest only if his employment continues and can settle into Operating Partnership Units, Class I common shares, or cash. Following this award, he holds 3,798 such units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nieto Joseph
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class I Partnership Units | 3,798 | $0.00 | $0.00 |
Holdings After Transaction:
Class I Partnership Units — 3,798 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: 3,798 units
Grant price per unit: $0.00 per unit
Units held after transaction: 3,798 units
+1 more
4 metrics
Class I Partnership Units granted
3,798 units
Grant to CFO on March 19, 2026
Grant price per unit
$0.00 per unit
Compensation award, not open-market purchase
Units held after transaction
3,798 units
Total Class I Partnership Units following grant
Underlying securities
3,798 units/shares
Underlying Operating Partnership Units or Class I common shares
Key Terms
Class I Partnership Units, Operating Partnership Units, Common Shares
3 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
"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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SWDR CFO Joseph Nieto report in this Form 4?
He reported receiving 3,798 Class I Partnership Units as a compensation grant. The award was made at no cost per unit and is structured as a derivative security that can ultimately settle in Operating Partnership Units, Class I common shares, or cash.
How many Class I Partnership Units did the SWDR CFO receive?
He received 3,798 Class I Partnership Units. These units are subject to vesting conditions tied to his continued employment and represent the right to receive Operating Partnership Units or Class I common shares, or an equivalent cash amount, in the future.
What are the vesting conditions for the SWDR CFO’s new units?
The reported Class I Partnership Units will vest only if the reporting person’s employment continues. This means the award is forfeitable until vesting and is designed to align the Chief Financial Officer’s compensation with ongoing service to the real estate investment trust.
How can the Class I Partnership Units be settled or redeemed at SWDR?
Upon vesting, the Class I Partnership Units settle in Operating Partnership Units, common shares, or cash at the discretion of Starwood REIT Special Limited Partner, LLC. Operating Partnership Units themselves are redeemable for an equal number of REIT common shares or cash equal to their fair market value.
Does this Form 4 show any open-market buying or selling by SWDR’s CFO?
No open-market buying or selling is shown. The filing reports a grant of 3,798 Class I Partnership Units with a per-unit price of $0.00, reflecting a compensation-related award rather than a purchase or sale on the market by the Chief Financial Officer.
What is the CFO’s reported holding after this transaction at SWDR?
After this grant, the total reported holdings are 3,798 Class I Partnership Units. These derivative units are linked to an equal number of underlying Operating Partnership Units or Class I common shares, providing potential future equity or cash value depending on how they are ultimately settled.