3 insiders bought €68k of shares over the last 90 days, the latest by Wieland James, filed 19 Oct 2026.
Cluster: 2 buyers in 30 daysThis page follows insider dealings at Sterling Real Estate Trust as filed with SEC (Form 4), a company from the Real Estate sector. From 24 October 2025 to 24 October 2026, the disclosure feed for Sterling Real Estate Trust logged 155 filings by 13 insiders.
Both sides are active: 18 purchases worth €1.0M and 6 sales worth €228k, from 6 insiders and 5 insiders respectively. Netting one side against the other leaves €794k of net buying. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Biggest ticket of the year: €268k, bought by Regan Kenneth P and made public on 11 December 2025. Those buying include 2 senior executives, 1 major shareholder and 1 chief executive.
Across the 3,169 companies tracked on its exchange, the median is 24 filings; at 155 filings, this issuer sits above that mark. Over the whole record (from 2011), the tally stands at 888 purchases and 24 sales. The 10-K for the year ended 31 December 2025 shows 174.3 m USD of revenue and 13.9 m USD of net income and a dividend of 1.20 USD per share.
In the case of 11 purchases, another manager of the company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The clock since the last published purchase (19 October 2026) now reads 6 days. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade.
For comparison within the same sector, see the insider buying recorded at Covivio and XIOR. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
+4 other insiders
FY ended December 2025 · cache
25 of 1427 declarations
Sterling Real Estate Trust is a U.S. real estate investment trust (REIT) focused on owning, operating, and selectively developing income-producing real estate. The company was organized in North Dakota in December 2002 as an unincorporated business trust and operates under the Sterling Multifamily Trust name. For francophone investors, it should be viewed as a specialized U.S. property vehicle rather than a large-cap exchange-listed REIT. In the SEC reporting record, the issuer is identified with ticker NONE, and the company is based in Fargo, North Dakota, United States.
Sterling’s business model is built around rental income and portfolio management, with a clear emphasis on multifamily assets. According to the latest annual report available, the trust owned 177 properties comprising 11,955 apartment units and approximately 1.187 million square feet of leasable commercial space as of December 31, 2024. That asset mix indicates a primary concentration in apartment communities, supplemented by a smaller commercial real estate component. The company’s acquisition strategy remains centered on multifamily properties, which is consistent with a defensive, income-oriented REIT profile.
Historically, Sterling has operated for more than two decades, giving it a relatively long track record in the U.S. real estate universe. Its strategy appears to be that of a focused portfolio operator rather than a broadly diversified national REIT. The trust’s business lines therefore revolve around property ownership, leasing, tenant management, maintenance, capital improvements, and selective acquisitions or development opportunities where management sees attractive risk-adjusted returns. As a REIT, Sterling is subject to the U.S. tax framework applicable to real estate investment trusts, including asset and income composition tests and distribution requirements.
From a competitive standpoint, Sterling is best characterized as a niche multifamily REIT with a concentrated operating footprint and a capital-allocation model that depends heavily on local execution. Its competitive advantages are likely to come from its specialization in apartments, its operational discipline, and its ability to manage occupancy and rental growth. At the same time, like most property owners, it remains exposed to interest-rate pressure, refinancing risk, operating expense inflation, and market-specific real estate cycles.
Recent noteworthy developments include ongoing SEC Form 4 insider and trustee transaction filings in 2025 and 2026, which confirm that the trust remains active on the governance and disclosure front. The company’s first-quarter 2026 SEC filing also supports the view that Sterling continues to operate as a going concern with both residential and commercial leasing activity, and without any obvious short-term strategic overhaul. For investors analyzing smaller U.S. REITs, Sterling offers a focused exposure to multifamily real estate in the United States, with Fargo, North Dakota serving as its headquarters and administrative base.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 174.3 m USD | 13.9 m USD | 1.07 USD | 1.20 USD | 10-K |
| Dec 2024 | 159.3 m USD | 7.3 m USD | 0.62 USD | 1.15 USD | 10-K |
| Dec 2023 | 143.6 m USD | 2.9 m USD | 0.26 USD | 1.15 USD | 10-K |
| Dec 2022 | 135.1 m USD | 8.9 m USD | 0.84 USD | 1.15 USD | 10-K |
| Dec 2021 | 129.3 m USD | 8.8 m USD | 0.87 USD | 1.06 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.