Company: INRE
Filing Date: 2025-09-24
Form Type: DEF 14A
Source: 0001193125-25-214755
Chunk: 29

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-09-24
Form: DEF 14A
Chunk 29
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 stock appreciation rights, or similar option-like instruments within four business days before or one business day after the release of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K, or Current Report on Form 8-K that discloses material nonpublic information. Accordingly, we have no specific policy or practice on the timing of awards of such options in relation to the disclosure of material nonpublic information by us. If we decide to grant new awards of options, the board will evaluate the appropriate steps to take in relation to the foregoing.

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We have no employees and except for payments made to Mr. Zalatoris pursuant to the Agreement, we do not otherwise compensate our executive officers. See the discussion under “Compensation Discussion and Analysis” above for additional detail regarding compensation and the discussion under “Certain Relationships and Related Transactions” above for disclosure regarding related party transactions.

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Section 16(a) of the Exchange Act requires our directors and executive officers, and persons who own more than ten percent of our Common Stock to file reports of ownership and changes of ownership with the SEC. Copies of all filed reports are required to be furnished to us. Based solely upon a review of Forms 3, 4 and 5 and amendments thereto furnished to us during and with respect to fiscal year 2024, as well as written representations by our directors and executive officers, we believe that each person filed the reports required by Section 16(a) of the Exchange Act with respect to fiscal year 2024 on a timely basis.

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The following summarizes the material transactions between the Company and various affiliates of IREIC, including the Business Manager and Real Estate Manager, that have occurred since January 1, 2024, or are currently proposed or anticipated. IREIC is an indirect wholly-owned subsidiary of The Inland Group, LLC. Please see the biographical information of our directors and executive officers elsewhere in this proxy statement for information regarding their relationships to Inland, including IREIC and The Inland Group, LLC.

The Business Manager provides services to us pursuant to the Fourth Amended and Restated Business Management Agreement which became effective February 1, 2024 (the “BMA”). Importantly, under the BMA, we are permitted to engage a person not affiliated with or employed by the Business Manager to serve as president and chief executive officer of the Company. If we do so, the business