Key Takeaways
- • Romano Tio, Trustee of Bluerock Private Real Estate Fund (NYSE: BPRE), acquired 221.533 common shares of beneficial interest on October 1, 2026, at $22.57 per share through the fund's trustees' compensation plan.
- • Post-transaction, Tio's direct holdings total 4,785.09 common shares of beneficial interest in the fund.
- • The acquisition, valued at approximately $5,002 based on the disclosed share price, was compensation-based rather than an open-market purchase, as specified in the Form 4 filing dated October 2, 2026.
- • The transaction type was coded "J," confirming the shares were received as part of trustee remuneration rather than a discretionary equity purchase.
Summary
Romano Tio, Trustee of Bluerock Private Real Estate Fund, disclosed a beneficial ownership change involving the acquisition of 221.533 common shares of beneficial interest in the fund on October 1, 2026. The filing, submitted on October 2, 2026, indicates that Tio acquired the shares at $22.57 per share through the fund's trustees' compensation plan, representing a transaction value of approximately $5,002. This acquisition increased Tio's direct shareholdings in the fund to 4,785.09 common shares of beneficial interest.
The transaction was classified as type "J," which designates shares received as compensation rather than purchased on the open market. The shares were obtained as part of Tio's remuneration package in his role as trustee of Bluerock Private Real Estate Fund, a private real estate investment entity trading on the NYSE under ticker BPRE. The filing, executed by JoAnn M. Strasser as Attorney-In-Fact pursuant to limited power of attorney, contained no derivative securities disclosures and was confirmed as an original filing with no amendments noted.
The disclosure reflects standard regulatory practice whereby trustees and insiders must report changes in beneficial ownership in securities-issuing entities. Such filings provide transparency regarding insider equity positions and compensation structures within alternative investment funds, allowing stakeholders to monitor insider alignment and capital deployment within the fund.
The transaction was classified as type "J," which designates shares received as compensation rather than purchased on the open market. The shares were obtained as part of Tio's remuneration package in his role as trustee of Bluerock Private Real Estate Fund, a private real estate investment entity trading on the NYSE under ticker BPRE. The filing, executed by JoAnn M. Strasser as Attorney-In-Fact pursuant to limited power of attorney, contained no derivative securities disclosures and was confirmed as an original filing with no amendments noted.
The disclosure reflects standard regulatory practice whereby trustees and insiders must report changes in beneficial ownership in securities-issuing entities. Such filings provide transparency regarding insider equity positions and compensation structures within alternative investment funds, allowing stakeholders to monitor insider alignment and capital deployment within the fund.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.