WIELAND JAMES purchased 0.5% of their position (980.39 shares) of STERLING REAL ESTATE TRUST on the open market

Open‑market purchase worth $25.0K — a small addition. The strongest form of insider conviction signal.

P · 1 purchase

WIELAND JAMES

Filed: 1/20/2026ACC: 0001519822-26-000001

InsiderWIELAND JAMESCIK 1519822

→

IssuerSTERLING REAL ESTATE TRUSTCIK 1412502

10% OwnerOther

Since Jul 2018

+3.49K

Net shares

Net buyer

$85.7K

Total acquired

Open market trades

1B · 0S

Total transactions

3.49K acquired

Non-Derivative Transactions2

Common Shares

Direct

A · Award

+2.51K

Price / share

$24.22

Trade value

$60.72K

% of position

1.2%

1/15/2026

202.40K→204.91K

Common Shares

Direct

P · Purchase

+980.39

Price / share

$25.50

Trade value

$25K

% of position

0.5%

1/15/2026

204.91K→205.89K

Total

Net shares

+3.49K

Net value

$85.72K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	1/15/2026	A · Award	+2.51K	$24.22	$60.72K	1.2%	202.40K	204.91K
Common Shares Direct	1/15/2026	P · Purchase	+980.39	$25.50	$25K	0.5%	204.91K	205.89K
Total			+3.49K		$85.72K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)2

Common Shares

Indirect

Shares owned13K

Common Shares

Indirect

Shares owned1.00

Total

13K indirect13K

Security Title	Shares Owned	Ownership Type
Common Shares	13K	Indirect
Common Shares	1.00	Indirect
Total	13K	13K indirect

Derivative Holdings (Post-Transaction)4

Limited Partnership Units

Indirect

Underlying security

Common Shares

Underlying shares

11.67K

Shares owned

11.67K

Exercise price

25.50

Expiration

—

Exercise window

—

Limited Partnership Units

Indirect

Underlying security

Common Shares

Underlying shares

756.76K

Shares owned

756.76K

Exercise price

25.50

Expiration

—

Exercise window

—

Limited Partnership Units

Direct

Underlying security

Common Shares

Underlying shares

1.10M

Shares owned

1.10M

Exercise price

25.50

Expiration

—

Exercise window

—

Limited Partnership units

Indirect

Underlying security

Common Shares

Underlying shares

35.41K

Shares owned

35.41K

Exercise price

25.50

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	25.50	—	—	11.67K	11.67K
Limited Partnership Units Indirect	Common Shares	25.50	—	—	756.76K	756.76K
Limited Partnership Units Direct	Common Shares	25.50	—	—	1.10M	1.10M
Limited Partnership units Indirect	Common Shares	25.50	—	—	35.41K	35.41K
Total					1.90M	1.90M