Sculptor REIT Trustee Shustak Resigns, Effective June 10, 2024

TL;DR

**Sculptor REIT's board just lost a trustee, Robert Shustak, effective June 10, 2024.**

AI Summary

Sculptor Diversified Real Estate Income Trust, Inc. (SDREIT) filed an 8-K to announce the resignation of Mr. Robert Shustak from its Board of Trustees, effective June 10, 2024. Mr. Shustak also resigned from the Audit Committee and the Nominating and Corporate Governance Committee. This matters to investors because a board member's departure, especially from key committees, can signal changes in governance or strategic direction, potentially impacting investor confidence and the company's future oversight.

Why It Matters

The departure of a trustee from a public company's board and key committees can affect corporate governance and oversight, potentially influencing strategic decisions and investor perception.

Risk Assessment

Risk Level: low — The resignation of a single board member, without further context of disagreement or scandal, typically presents a low risk to the company's operations.

Analyst Insight

Investors should monitor future 8-K filings for announcements regarding a replacement trustee and any potential shifts in committee compositions, as these could signal new strategic directions or governance priorities.

Key Players & Entities

• Robert Shustak (person) — resigning Trustee of Sculptor Diversified Real Estate Income Trust, Inc.
• Sculptor Diversified Real Estate Income Trust, Inc. (company) — the issuer of the 8-K filing
• June 10, 2024 (date) — effective date of Mr. Shustak's resignation

Forward-Looking Statements

• The Board of Trustees will likely seek a replacement for Mr. Shustak. (Sculptor Diversified Real Estate Income Trust, Inc.) — medium confidence, target: Q3 2024

FAQ

Key Financial Figures

• $183,182 — ________ (1) Includes 16,224 shares at $183,182 issued to Sculptor Advisors LLC as paym
• $15,000 — fees. (2) Includes sales load fees of $15,000 for Class AA Shares. On December 1, 2
• $250,000 — 025, for an aggregate purchase price of $250,000. The Special Limited Partner has the ri
• $1,245 — ons of 111 Class E restricted shares at $1,245 in connection with the restricted stock

Filing Documents

• sreit-20251130.htm (8-K) — 58KB
• 0001914496-25-000138.txt ( ) — 169KB
• sreit-20251130.xsd (EX-101.SCH) — 2KB
• sreit-20251130_lab.xml (EX-101.LAB) — 20KB
• sreit-20251130_pre.xml (EX-101.PRE) — 12KB
• sreit-20251130_htm.xml (XML) — 3KB

02 Unregistered Sales of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities. On December 1, 2025, Sculptor Diversified Real Estate Income Trust, Inc. (the "Company") issued the following shares based on the respective net asset value per share as of October 31, 2025. The following table details the shares issued and gross proceeds: Number of Shares Issued Gross Proceeds Class E Shares (1) 1,521,969 $ 17,184,089 Class AA Shares (2) 78,199 865,000 Class A Shares 6,955 74,850 Total 1,607,123 $ 18,123,939 _______________________________________ (1) Includes 16,224 shares at $183,182 issued to Sculptor Advisors LLC as payment for accrued management fees. (2) Includes sales load fees of $15,000 for Class AA Shares. On December 1, 2025, Sculptor Diversified REIT Operating Partnership, LP (the "Operating Partnership"), a subsidiary of the Company, issued 22,142 Class E units in the Operating Partnership to Sculptor Diversified REIT Special Limited Partner LP (the "Special Limited Partner") based on the net asset value per unit as of October 31, 2025, for an aggregate purchase price of $250,000. The Special Limited Partner has the right to require the Operating Partnership to redeem all or a portion of its Class E Units at any time for Class E shares in the Company or cash, at the Special Limited Partner's election. On November 12, 2025, the Company, pursuant to its distribution reinvestment plan, issued the following shares based on the respective net asset value per share as of September 30, 2025: Number of Shares Issued Purchase Price Class E Shares (1) 2,673 $ 30,081 Class F Shares 138 1,524 Class FF Shares 22,902 249,382 Class AA Shares 23,350 253,479 Class A Shares 963 10,348 Class I-S Shares 303 3,243 Total 50,329 $ 548,057 _______________________________________ (1) Includes distributions of 111 Class E restricted shares at $1,245 in connection with the restricted stock held by our independent directors under our independent director compensation plan. The o

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. November 2025 Distributions On November 30, 2025, the Company declared distributions for each class of its common stock in the amounts per share set forth below: Gross Distribution Distribution Fees Net Distribution Class E Shares $ 0.0645 $ — $ 0.0645 Class F Shares $ 0.0645 $ — $ 0.0645 Class FF Shares $ 0.0645 $ 0.0045 $ 0.0600 Class A Shares $ 0.0645 $ — $ 0.0645 Class AA Shares $ 0.0645 $ 0.0045 $ 0.0600 Class I-S Shares $ 0.0645 $ — $ 0.0645 The net distributions for each class of common stock (which represents the gross distributions less distribution fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on November 30, 2025 and will be paid on or about December 12, 2025. These distributions will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Sculptor Diversified Real Estate Income Trust, Inc. By: /s/ Steven Orbuch Name: Steven Orbuch Title: Chief Executive Officer Date: December 4, 2025

View Full Filing

View this 8-K filing on SEC EDGAR