WIELAND JAMES purchased 0.5% of their position (1.01K shares) of STERLING REAL ESTATE TRUST on the open market

Open‑market purchase worth $24.4K — a small addition. The strongest form of insider conviction signal.

P · 1 purchase

WIELAND JAMES

Filed: 10/17/2025ACC: 0001519822-25-000004

InsiderWIELAND JAMESCIK 1519822

→

IssuerSTERLING REAL ESTATE TRUSTCIK 1412502

10% OwnerOther

Since Jul 2018

+3.58K

Net shares

Net buyer

$82.9K

Total acquired

Open market trades

1B · 0S

Total transactions

3.58K acquired

Non-Derivative Transactions2

Common Shares

Direct

A · Award

+2.57K

Price / share

$22.80

Trade value

$58.57K

% of position

1.3%

10/15/2025

195.25K→197.82K

Common Shares

Direct

P · Purchase

+1.01K

Price / share

$24.00

Trade value

$24.35K

% of position

0.5%

10/15/2025

197.82K→198.83K

Total

Net shares

+3.58K

Net value

$82.93K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	10/15/2025	A · Award	+2.57K	$22.80	$58.57K	1.3%	195.25K	197.82K
Common Shares Direct	10/15/2025	P · Purchase	+1.01K	$24.00	$24.35K	0.5%	197.82K	198.83K
Total			+3.58K		$82.93K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Limited Partnership units

Indirect

Underlying security

Common Shares

Underlying shares

35.41K

Shares owned

35.41K

Exercise price

Expiration

—

Exercise window

—

Limited Partnership Units

Indirect

Underlying security

Common Shares

Underlying shares

11.67K

Shares owned

11.67K

Exercise price

Expiration

—

Exercise window

—

Limited Partnership Units

Indirect

Underlying security

Common Shares

Underlying shares

756.76K

Shares owned

756.76K

Exercise price

Expiration

—

Exercise window

—

Limited Partnership Units

Direct

Underlying security

Common Shares

Underlying shares

1.10M

Shares owned

1.10M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

1.90M

Owned

1.90M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Limited Partnership units Indirect	Common Shares	24	—	—	35.41K	35.41K
Limited Partnership Units Indirect	Common Shares	24	—	—	11.67K	11.67K
Limited Partnership Units Indirect	Common Shares	24	—	—	756.76K	756.76K
Limited Partnership Units Direct	Common Shares	24	—	—	1.10M	1.10M
Total					1.90M	1.90M