Michael C. Forman - Apr 30, 2025 Form 4 Insider Report for FS Credit Real Estate Income Trust, Inc. (FSREI)

Role
President & CEO, Director
Signature
/s/ Michael C. Forman
Stock symbol
FSREI
Transactions as of
Apr 30, 2025
Transactions value $
-$9,866,422
Form type
4
Date filed
5/2/2025, 06:27 PM
Previous filing
Apr 25, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Forman Michael C. President & CEO, Director FS CREDIT REAL ESTATE INCOME TRUST, 201 ROUSE BOULEVARD, PHILADELPHIA /s/ Michael C. Forman 2025-05-02 0001438253

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FSREI Class I Restricted Stock Units 1.37M Apr 30, 2025 Class I Common Stock 1.37M By: Franklin Square Holdings, LP F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of any shares held by Franklin Square Holdings, L.P., FS Real Estate Advisor, LLC and FSH Seed Capital Vehicle I LLC, a wholly owned subsidiary of Franklin Square Holdings, L.P., that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F2 In accordance with the Advisory Agreement between the Company and the Adviser, the Company shall pay the Adviser an administrative services fee equal to 1.0% of the Company's net asset value per annum, payable quarterly, in Class I Restricted Stock Units, subject to the terms and conditions set forth in the Class I Restricted Stock Unit Agreement (as amended) between the Company and the Adviser. The administrative services fee is split 50/50 between the Adviser and Rialto Capital Management LLC.
F3 In accordance with the Class I Restricted Stock Unit Agreement (as amended) between the Company, the Adviser and Rialto Capital Management, LLC, Class I Restricted Stock Units shall be exchanged for Class I Common Stock, subject to time based vesting.