Stan Hanks - 02 Jan 2026 Form 4 Insider Report for Cottonwood Communities, Inc.

Role: Chief Development Officer
Signature: /s/ Adam Larson, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 02 Jan 2026
Net transactions value: +$50,000
Form type: 4
Filing time: 06 Jan 2026, 19:24:34 UTC
Previous filing: 10 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Hanks Stan	Chief Development Officer	1245 BRICKYARD ROAD, SUITE 250, SALT LAKE CITY	/s/ Adam Larson, attorney-in-fact	06 Jan 2026	0001862780

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Class I Common Stock, par value $0.01 per share	Award	$25,000	+2,201		$11.36	2,201	02 Jan 2026	Direct
transaction		Series A Convertible Preferred Stock	Award	$25,000	+2,755		$9.08	2,755	02 Jan 2026	Direct

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
transaction		LTIP Units	Award		+94,208	+1041%		103,254	02 Jan 2026	Class I Common Stock, par value $0.01 per share	94,208		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The long-term incentive plan units ("LTIP Units") of Cottonwood Residential O.P., LP, a Delaware limited partnership ("Operating Partnership"), of which Cottonwood Communities, Inc., a Maryland corporation (the "Issuer"), is the sole member of the sole general partner, were granted to the reporting person on January 2, 2026 as equity incentive compensation. The LTIP Units vest annually in equal installments over a four-year period with the first 25% vesting on January 1, 2027, subject to continued service.
F2	Represents LTIP units granted to the reporting person as equity incentive compensation. Over time, the LTIP Units can achieve full parity with common units of the Operating Partnership ("CROP Units") for all purposes. If such parity is reached, non-forfeitable LTIP Units automatically convert into CROP Units. CROP Units may be redeemed for cash equal to the net asset value ("NAV") per share, determined pursuant to valuation procedures adopted by the Issuer's board of directors, of the Issuer's Class I common stock or, at the Issuer's election, for shares of the Issuer's Class I common stock on a one-for-one basis. LTIP Units do not have an expiration date.
F3	Reflects the aggregate number of LTIP Units currently held by the reporting person, and excludes 72,284.810 LTIP Units which have been automatically converted to CROP Units. See footnote 2 discussing the conversion of the LTIP Units.