FORMAN MICHAEL C. (See Remarks) received a stock award from FS CREDIT REAL ESTATE INCOME TRUST, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

FORMAN MICHAEL C.

Filed: 2/7/2025ACC: 0001999371-25-001382

InsiderFORMAN MICHAEL C.CIK 1438253

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IssuerFS CREDIT REAL ESTATE INCOME TRUST, INC.CIK 1690536

DirectorOfficer· See Remarks

Since Apr 2020

+1.03M

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

1.10M acquired · 66.31K disposed

Non-Derivative Transactions1

Class I Common Stock

Indirect

A · Award

+66.31K

Price / share

—

Trade value

—

% of position

42.3%

1/2/2025

156.80K→223.11K

Total

Net shares

+66.31K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class I Common Stock Indirect	1/2/2025	A · Award	+66.31K	—	—	42.3%	156.80K	223.11K
Total			+66.31K		$0.00

Derivative Transactions11

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

13.98K shares

+13.98K

Strike price

Held after

28.28K

Exercisable

—

12/31/2022

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

87.49K shares

+87.49K

Strike price

Held after

87.49K

Exercisable

—

3/31/2023

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

95.09K shares

+95.09K

Strike price

Held after

95.09K

Exercisable

—

6/30/2023

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

101.22K shares

+101.22K

Strike price

Held after

101.22K

Exercisable

—

9/30/2023

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

103.50K shares

+103.50K

Strike price

Held after

155.51K

Exercisable

—

12/31/2023

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

156.27K shares

+156.27K

Strike price

Held after

156.27K

Exercisable

—

3/31/2024

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

158.60K shares

+158.60K

Strike price

Held after

158.60K

Exercisable

—

6/30/2024

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

159.12K shares

+159.12K

Strike price

Held after

159.12K

Exercisable

—

9/30/2024

Class I Restricted Stock Units

Indirect

A · Award

Converts to

Class I Common Stock

157.28K shares

+157.28K

Strike price

Held after

157.28K

Exercisable

—

12/31/2024

Class I Restricted Stock Units

Indirect

M · Option Exercise

Converts to

Class I Common Stock

14.30K shares

−14.30K

Strike price

Held after

13.98K

Exercisable

—

1/2/2025

Class I Restricted Stock Units

Indirect

M · Option Exercise

Converts to

Class I Common Stock

52.01K shares

−52.01K

Strike price

Held after

103.50K

Exercisable

—

1/2/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Class I Restricted Stock Units Indirect	Class I Common Stock13.98K shares	12/31/2022	A · Award	+13.98K	—	28.28K
Class I Restricted Stock Units Indirect	Class I Common Stock87.49K shares	3/31/2023	A · Award	+87.49K	—	87.49K
Class I Restricted Stock Units Indirect	Class I Common Stock95.09K shares	6/30/2023	A · Award	+95.09K	—	95.09K
Class I Restricted Stock Units Indirect	Class I Common Stock101.22K shares	9/30/2023	A · Award	+101.22K	—	101.22K
Class I Restricted Stock Units Indirect	Class I Common Stock103.50K shares	12/31/2023	A · Award	+103.50K	—	155.51K
Class I Restricted Stock Units Indirect	Class I Common Stock156.27K shares	3/31/2024	A · Award	+156.27K	—	156.27K
Class I Restricted Stock Units Indirect	Class I Common Stock158.60K shares	6/30/2024	A · Award	+158.60K	—	158.60K
Class I Restricted Stock Units Indirect	Class I Common Stock159.12K shares	9/30/2024	A · Award	+159.12K	—	159.12K
Class I Restricted Stock Units Indirect	Class I Common Stock157.28K shares	12/31/2024	A · Award	+157.28K	—	157.28K
Class I Restricted Stock Units Indirect	Class I Common Stock14.30K shares	1/2/2025	M · Option Exercise	−14.30K	—	13.98K
Class I Restricted Stock Units Indirect	Class I Common Stock52.01K shares	1/2/2025	M · Option Exercise	−52.01K	—	103.50K

Non-Derivative Holdings (Post-Transaction)4

Class T Common Stock

Indirect

Shares owned2.51K

Class M Common Stock

Indirect

Shares owned413.86

Class I Common Stock

Indirect

Shares owned253.07K

Class S Common Stock

Indirect

Shares owned412.31

Total

256.41K indirect256.41K

Security Title	Shares Owned	Ownership Type
Class T Common Stock	2.51K	Indirect
Class M Common Stock	413.86	Indirect
Class I Common Stock	253.07K	Indirect
Class S Common Stock	412.31	Indirect
Total	256.41K	256.41K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported