Booth Richard Whitaker 4

What Happened

• Richard Whitaker Booth, a member of the Investment Committee of Fundrise Advisors LLC (the investment adviser to Fundrise Income Real Estate Fund, LLC), purchased 6.106 shares of the Fund on March 20, 2026 at $10.05 per share, for a total reported value of about $61. This transaction is reported as a purchase (code P), which is a straightforward acquisition rather than a sale or option exercise.

Key Details

• Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-23)
• Price per share: $10.05; Shares acquired: 6.106; Total value: ~$61
• Transaction type/code: Open market or private purchase (P = Purchase)
• Footnote: F1 notes the settlement date was used to determine the share count and price
• Shares owned after transaction: Not specified in the filing
• Remarks: Booth is an Investment Committee member of the adviser to the issuer (not listed as a company executive in the filing)

Context

• This is a very small open-market purchase by an adviser committee member. Purchases can be seen as a positive signal, but the size ($61) is minimal and may reflect routine personal allocation rather than a material vote of confidence. The filing reports the trade three days after the transaction; review SEC rules or the filing itself for formal timeliness details.