WIELAND JAMES purchased 1.3% of their position (2.50K shares) of STERLING REAL ESTATE TRUST on the open market

Open‑market purchase worth $60.0K — a small addition. The strongest form of insider conviction signal.

P · 1 purchase

WIELAND JAMES

Filed: 12/23/2025ACC: 0001519822-25-000006

InsiderWIELAND JAMESCIK 1519822

→

IssuerSTERLING REAL ESTATE TRUSTCIK 1412502

10% OwnerOther

Since Jul 2018

+2.50K

Net shares

Net buyer

$60.0K

Total acquired

Open market trades

1B · 0S

Total transactions

2.50K acquired

Non-Derivative Transactions1

Common Shares

Direct

P · Purchase

+2.50K

Price / share

$24.00

Trade value

$60K

% of position

1.3%

10/22/2025

198.83K→201.33K

Total

Net shares

+2.50K

Net value

$60K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	10/22/2025	P · Purchase	+2.50K	$24.00	$60K	1.3%	198.83K	201.33K
Total			+2.50K		$60K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Common Shares

Indirect

Shares owned13K

Total

13K indirect13K

Security Title	Shares Owned	Ownership Type
Common Shares	13K	Indirect
Total	13K	13K indirect

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