Joshua A. Pack - 01 Dec 2024 Form 4 Insider Report for Fortress Net Lease REIT

Role: Co-Chief Executive Officer, Director
Signature: /s/ Joshua Pack
Transactions as of: 01 Dec 2024
Transactions value $: $150,027
Form type: 4
Filing time: 05 May 2025, 20:29:44 UTC
Previous filing: 05 Nov 2024
Next filing: 05 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Pack Joshua A	Co-Chief Executive Officer, Director	C/O FORTRESS NET LEASE REIT, 1345 AVENUE OF THE AMERICAS, NEW YORK	/s/ Joshua Pack	05 May 2025	0001719585

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Class E Common Shares of Beneficial Interest	Purchase	$100,009	+9,738		$10.27	9,738	01 Dec 2024	See footnote	F1
transaction		Class E Common Shares of Beneficial Interest	Purchase	$50,018	+4,791	+47.9%	$10.44	14,793	01 May 2025	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class E common shares are held by J Squared Holdings LP. The Reporting Person has voting and dispositive control over the reported securities but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F2	The reported amount includes 264 shares acquired pursuant to the Issuer's distribution reinvestment plan, in transactions exempt from Section 16 pursuant to Rule 16a-11.