Brogan Marguerite 4

4 · AB Commercial Real Estate Private Debt Fund, LLC · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

AB Commercial Real Estate Director Brogan Commits $15,000 to Buy Units

What Happened

Marguerite Brogan, a director of AB Commercial Real Estate Private Debt Fund, LLC, reported a purchase-type transaction on March 25, 2026. The Form 4 shows an acquisition entry of 0 units at $0.00 (reported as a P—purchase).
A filing footnote explains the entry: the fund issued a capital call requiring Brogan to contribute $15,000 on or about April 1, 2026. The fund will issue limited liability company units in exchange, but the number of units to be issued is not yet determined; the Form 4 will be amended once the unit count is known.

Key Details

Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely).
Reported transaction code: P (purchase/capital contribution); reported as 0 units @ $0.00 because unit count is pending.
Cash contribution obligated: $15,000 due ~April 1, 2026.
Units owned after transaction: unit count from this contribution unknown; filing notes ownership includes 169.658 Units from a DRIP (dividend reinvestment).
Filing will be amended when the number of units issued for the $15,000 contribution is determined.

Context

This is a capital contribution to a private fund (not an open-market stock purchase). Purchases can be a positive signal, but here the exact number of units is unknown, limiting how much the transaction reveals about insider conviction.
No exercise, sale, gift, or tax-withholding mechanics are involved — simply an investor capital contribution by a director.

Form 4

Period: 2026-03-25

Director

Transactions

Footnotes (2)

[F1]On March 25, 2026, AB Commercial Real Estate Private Debt Fund, LLC (the "Fund") delivered a capital call notice to investors that have committed to purchase the Fund's limited liability company units (the "Units"). Pursuant to such capital call notice, Ms. Brogan is obligated to make a capital contribution of $15,000.00 on or around April 1, 2026 to the Fund, and the Fund is obligated to issue Units to Ms. Brogan, provided such capital contribution is funded timely. As of the date of this filing, the number of Units that will be issued to Ms. Brogan in respect of this $15,000.00 capital contribution is unknown. Ms. Brogan will amend this Form 4 once the number of Units has been determined.
[F2]Includes 169.658 Units from the DRIP.

Signature

/s/ Leon Hirth, Attorney-in-fact, Leon Hirth, Attorney-in-fact|2026-03-27

1 file