How large was Richard D. Gebert’s net share change in this IRT transaction?

The filing shows a net reduction of 500 shares in his holdings. Transaction summary data reports 500 shares sold, with no offsetting purchases or derivative exercises, resulting in a simple net-sell of that same amount.

IRT (IRT) director executes planned sale of 500 shares under 10b5-1 plan

Q: At what price did Richard D. Gebert sell INDEPENDENCE REALTY TRUST (IRT) shares?

He sold the 500 IRT shares at $14.85 per share in an open-market transaction. This price reflects the execution level disclosed, giving investors a concrete reference for the director’s recent sale activity in the company’s Common Stock.

Q: Was the IRT insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was made under a Rule 10b5-1(c) plan adopted on December 3, 2025. Such plans pre-schedule trades, which often indicates the timing is not based on short-term market developments.

Q: What type of security did Richard D. Gebert sell in the IRT Form 4?

The Form 4 reports a sale of Common Stock of INDEPENDENCE REALTY TRUST, INC. This non-derivative transaction involved 500 shares, reflecting a straightforward stock sale rather than the exercise or conversion of derivative securities.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

INDEPENDENCE REALTY TRUST, INC. director Richard D. Gebert sold 500 shares of Common Stock in an open-market transaction at $14.85 per share. The trade was executed under a pre-arranged Rule 10b5-1(c) trading plan dated December 3, 2025, and he continued to hold 37,872 shares directly after the sale.

Insider Trade Summary 10b5-1

Net Seller: 500 shares ($7,425)

Net Sell 1 txn

Insider Gebert Richard D

Role Director

Sold 500 shs ($7K)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$14.85	$7K

Holdings After Transaction: Common Stock — 37,872 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 500 shares Sale price: $14.85 per share Shares held after sale: 37,872 shares +2 more

5 metrics

Shares sold 500 shares Open-market sale on April 1, 2026

Sale price $14.85 per share Price for Common Stock sold

Shares held after sale 37,872 shares Direct ownership following transaction

Net shares sold 500 shares Net-sell direction from transaction summary

Trading plan adoption date December 3, 2025 Date of Rule 10b5-1(c) plan used for the sale

Key Terms

Rule 10b5-1(c) plan, open-market sale, Common Stock

3 terms

Rule 10b5-1(c) plan regulatory

"The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 05:53 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gebert Richard D

(Last)

(First)

(Middle)

1835 MARKET STREET

SUITE 2601

(Street)

PHILADELPHIA

PENNSYLVANIA

19103

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENCE REALTY TRUST, INC. [ IRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		S⁽¹⁾		500	D	$14.85	37,872	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale was made pursuant to the adoption of a 10b5-1(c) plan dated 12-03-2025

	/s/ James J. Sebra, attorney-in-fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did IRT director Richard D. Gebert report?

IRT director Richard D. Gebert reported selling 500 shares of Common Stock. The shares were sold in an open-market transaction at $14.85 per share, and the filing shows this as a routine sale under a pre-arranged Rule 10b5-1(c) trading plan.

At what price did Richard D. Gebert sell INDEPENDENCE REALTY TRUST (IRT) shares?

He sold the 500 IRT shares at $14.85 per share in an open-market transaction. This price reflects the execution level disclosed, giving investors a concrete reference for the director’s recent sale activity in the company’s Common Stock.

How many INDEPENDENCE REALTY TRUST (IRT) shares does Gebert hold after the sale?

Following the reported transaction, Richard D. Gebert directly holds 37,872 shares of IRT Common Stock. This post-transaction balance shows he retained the vast majority of his position after selling only 500 shares in the open market.

Was the IRT insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was made under a Rule 10b5-1(c) plan adopted on December 3, 2025. Such plans pre-schedule trades, which often indicates the timing is not based on short-term market developments.

What type of security did Richard D. Gebert sell in the IRT Form 4?

The Form 4 reports a sale of Common Stock of INDEPENDENCE REALTY TRUST, INC. This non-derivative transaction involved 500 shares, reflecting a straightforward stock sale rather than the exercise or conversion of derivative securities.