UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 1726, 2026

InPoint Commercial Real Estate Income, Inc.

(Exact name of Registrant as Specified in Its Charter)


Maryland	001-40833	32-0506267
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2901 Butterfield Road
Oak Brook, Illinois		60523
(Address of Principal Executive Offices)		(Zip Code)

     Registrant’s Telephone Number, Including Area Code: (800) 826-8228

    

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
6.75% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share	ICR PR A	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~Item~~CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain statements in this Current Report on Form 8-K constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).01 ~~Other~~Words ~~Events~~such as “may,” “could,” “should,” “expect,” “intend,” “plan,” “goal,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “variables,” “potential,” “continue,” “expand,” “maintain,” “create,” “strategies,” “likely,” “will,” “would” and variations of these terms and similar expressions indicate forward-looking statements. These forward-looking statements reflect the intent, belief or current expectations of our management based on their knowledge and understanding of the business and industry, the economy and other future conditions. These statements are not factual or guarantees of future performance, and we caution stockholders not to place undue reliance on them. Actual results may differ materially from those expressed or forecasted in forward-looking statements due to a variety of risks, uncertainties and other factors, including but not limited to risks related to blind pool offerings, best efforts offerings, use of short-term financing, borrower defaults, changing interest rates, and other risks detailed in the Risk Factors section in our most recent Annual Report on Form 10-K and in subsequent filings on Form 10-Q as filed with the Securities and Exchange Commission and made available on our website. Forward-looking statements reflect our management’s view only as of the date they are made and may ultimately prove to be incorrect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results except as required by applicable law. We intend for these forward-looking statements to be covered by the applicable safe harbor provisions created by Section 27A of the Securities Act and Section 21E of the Exchange Act.

DeterminationItem of8.01 JanuaryOther 31, 2026 NAV per ShareEvents.

InPointDistribution Commercialto RealStockholders Estate Income, Inc. (the “Company,” “we,” “our”) calculates net asset value (“NAV”) per share in accordance with the valuation guidelines that have been approved by its board of directorsRecord (the “Board”). Our NAV per share, which is updated as of theFebruary last calendar day of each month28, is posted on our website at www.inland-investments.com/inpoint. The “Net Asset Value Calculation and Valuation Guidelines” section of the prospectus for our public offering (SEC Registration No. 333-264540), as supplemented, contains details regarding how our NAV is determined. Inland InPoint Advisor, LLC, our Advisor, is ultimately responsible for determining our NAV. We have included a breakdown of the components of total net asset value attributable to common stock and NAV per share for January 31, 2026.

~~Our~~The ~~total~~Board ~~net~~of ~~asset~~Directors ~~value attributable to all classes~~ of ~~our~~InPoint ~~common~~Commercial ~~stock~~Real inEstate ~~the~~Income, ~~aggregate~~Inc. ~~is presented in~~ (the ~~following~~“Company”) ~~table.~~has ~~The~~authorized ~~following table provides~~ a ~~breakdown~~distribution offor ~~the~~each ~~major~~class ~~components~~ of ~~our~~its ~~total net asset value attributable to~~ common stock ~~as of January 31, 2026 ($ and shares~~ in ~~thousands,~~the ~~except~~amount per share ~~data):~~ set forth below.

Components of NAV	January 31, 2026
February 28, 2026 Record Date
Commercial mortgage loans	$	351,023
	GrossDistribution			StockholderServicing Fee		NetDistribution
Real estate owned		99,313
Class A Common Stock	$	0.1042		N/A		$	0.1042
Cash and cash equivalents and restricted cash		78,257
Class D Common Stock	$	0.1042		$	0.0027	$	0.1015
Other assets		5,163
Class I Common Stock	$	0.1042		N/A		$	0.1042
Repurchase agreements - commercial mortgage loans		(223,397	)
Class P Common Stock	$	0.1042		N/A		$	0.1042
Loan participations sold		(46,928	)
Class T Common Stock	$	0.1042		$	0.0093	$	0.0949
Mortgage loan payable		(23,920	)
Due to related parties		(1,344	)
Distributions payable		(1,052	)
Interest payable		(2,566	)
Accrued stockholder servicing fees (1)		(275	)
Other liabilities		(3,624	)
Preferred stock		(88,691	)
Net asset value attributable to common stock	$	141,959
Number of outstanding shares		10,120
Aggregate NAV per share	$	14.0276

~~Stockholder~~The ~~servicing~~net ~~fees~~distributions ~~only~~for ~~apply~~each toclass ~~Class T, Class S, and Class D shares. For purposes~~ of ~~NAV,~~common westock ~~recognize~~(which ~~the~~represent ~~stockholder servicing fee as a reduction of NAV on a monthly basis as such fee is paid. Under GAAP, we accrued~~ the ~~full~~gross ~~cost~~distribution ofless ~~the~~any stockholder servicing ~~fee~~fees asfor ~~an offering cost at~~ the ~~time~~applicable weclass ~~sold Class T, Class S, and Class D shares. As~~ of ~~January~~common ~~31,~~stock) ~~2026,~~are ~~we had accrued under GAAP $645 of stockholder servicing fees~~ payable to ~~Inland~~stockholders ~~Securities~~of ~~Corporation~~record ~~(the~~as ~~“Dealer~~of ~~Manager”)~~close ~~related to the Class T and Class D shares sold. As~~ of ~~January~~business 31February 28, 2026, ~~we had not sold any Class S shares~~ and, ~~therefore,~~will webe ~~had~~paid ~~not~~on ~~accrued any stockholder servicing fees payable to the Dealer Manager related to Class S shares. The Dealer Manager does not retain any of these fees, all of which are retained by,~~ or ~~reallowed~~about ~~(paid)~~March to18, ~~participating broker-dealers and servicing broker-dealers for ongoing stockholder services performed by such broker-dealers~~2026. ~~Our~~These ~~public~~distributions ~~offering~~will ~~officially~~be ~~terminated~~paid onin ~~November 1, 2025~~cash.

ThePreferred followingStock table provides our total NAV attributable to common stock and NAV for each class of common stock in each case as of January 31, 2026 ($ and shares in thousands, except per share data):Dividend

NAV Per Share	Class P		Class A		Class T		Class S		Class D		Class I		Total
Net asset value attributable to common stock	$	120,015	$	10,490	$	4,123	$	—	$	677	$	6,651	$	141,959
Number of outstanding shares		8,563		746		290		—		48		473		10,120
NAV per share as of January 31, 2026	$	14.0159	$	14.0637	$	14.1989	$	—	$	14.0910	$	14.0655	$	14.0276

On February 26, 2026, the Board of Directors of the Company authorized the declaration and payment of a quarterly dividend on its 6.75% Series A Cumulative Redeemable Preferred Stock (NYSE: ICR PR A). A quarterly dividend of $0.421875 per share will be paid on March 30, 2026 to holders of record of the Company’s 6.75% Series A Cumulative Redeemable Preferred Stock on March 15, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			INPOINT COMMERCIAL REAL ESTATE INCOME, INC.
Date:	February 1726, 2026	By:	/s/ Catherine L. Lynch
			Catherine L. LynchChief Financial Officer

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