Jefferies sells Fundrise shares (NYSE: VCX) via Form 144 notice

Rhea-AI Filing Summary

Jefferies LLC filed a Form 144 reporting proposed sales of Common shares in connection with a registered offering on Form N-2 for Fundrise Innovation Fund, LLC (cover date 02/24/2026). The filing also lists multiple sales of Tech Infrastructure REIT, LLC interests during March–April 2026, including specific dates, share counts, and dollar amounts.

Insights

Securities Counsel

Form 144 notifies the SEC of intended resale by an affiliate; listed transactions are mostly recent dispositions.

Form 144 is a notice of proposed resale under Rule 144; it does not itself complete sales. The filing cites a registered offering on Form N-2 for Fundrise Innovation Fund, LLC dated 02/24/2026.

Cash‑flow treatment and aggregate registered amount are drawn from the cover lines and the sale ledger; final sales depend on compliance with Rule 144 conditions and the terms of the registered offering.

Key Figures

Cover date for registered offering: 02/24/2026 Example sale — 03/31/2026: 102,285 shares Proceeds — 03/31/2026 example: $12,336,359.62 +2 more

5 metrics

Cover date for registered offering 02/24/2026 Registered Offering on Form N-2 for Fundrise Innovation Fund, LLC

Example sale — 03/31/2026 102,285 shares Tech Infrastructure REIT, LLC sale on 03/31/2026

Proceeds — 03/31/2026 example $12,336,359.62 Dollar amount associated with the 102,285 shares sale on 03/31/2026

Example sale — 03/26/2026 62,402 shares Tech Infrastructure REIT, LLC sale on 03/26/2026

Proceeds — 03/26/2026 example $16,373,347.52 Dollar amount associated with the 62,402 shares sale on 03/26/2026

Key Terms

Form 144, Form N-2, Tech Infrastructure REIT, LLC

3 terms

Form 144 regulatory

"Filed by Jefferies LLC to notify proposed resale under Rule 144"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form N-2 regulatory

"Registered Offering on Form N-2 for Fundrise Innovation Fund, LLC dated 02/24/2026"

Form N-2 is a U.S. Securities and Exchange Commission filing that investment companies use to register and describe closed-end funds and certain management companies for public investors. It lays out the fund’s purpose, fees, risks, portfolio policies and management team—like a detailed product label for a financial product—so investors can compare offerings, understand costs and risks, and make informed decisions before buying shares.

Tech Infrastructure REIT, LLC market

"Multiple sale ledger entries dated 03/25/2026 through 04/16/2026"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Jefferies LLC 520 Madison Ave 4th Fl New York NY 10022	63882	4911248.16	28300000	04/17/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/24/2026	Registered Offering on Form N-2	Fundrise Innovation Fund, LLC			63882	02/24/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/25/2026	35281	14081481.85
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/26/2026	62402	16373347.52
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/27/2026	51053	8686978.86
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/30/2026	73769	8282304.56
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	03/31/2026	102285	12336359.62
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/01/2026	90689	11831020.31
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/02/2026	74563	8518711.65
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/06/2026	68160	8082397.12
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/07/2026	39175	4499029.37
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/08/2026	54176	6533152.64
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/09/2026	33963	3973446.84
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/10/2026	47131	5246650.26
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/13/2026	34206	3818448.28
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/14/2026	60753	6460650.20
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/15/2026	53022	4830366.77
TECH INFRASTRUCTURE REIT, LLC 11 Dupont Circle NW Washington DC 20036	Fundrise Innovation Fund, LLC	04/16/2026	63578	5285775.10

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by Jefferies LLC for VCX mean?

It notifies the SEC of proposed resale of Common shares by an affiliate. The filing cites a registered offering on Form N-2 for Fundrise Innovation Fund, LLC dated 02/24/2026 and lists prior sales dates and amounts.

Which issuer and offering are referenced in this Form 144 for VCX?

The cover lists a registered offering on Form N-2 for Fundrise Innovation Fund, LLC dated 02/24/2026. The selling intermediary shown is Jefferies LLC at 520 Madison Ave, New York, NY.

What recent sales are reported in the filing's sale ledger?

Multiple dispositions of Tech Infrastructure REIT, LLC interests are listed between 03/25/2026 and 04/16/2026, with examples including 102,285 shares on 03/31/2026 for $12,336,359.62 and 62,402 shares on 03/26/2026 for $16,373,347.52.

Does this Form 144 confirm completion of the sale transactions?

No. Form 144 is a notice of intended resale under Rule 144 and lists past sales in the ledger; it does not itself confirm that all proposed resales were completed or their final settlement terms.