ACRES Commercial Realty COO reports holdings
ACRES Commercial Realty Corp. filed a Form 3 reporting that Chief Operating Officer Kyle K. Brengel beneficially owns 12,250 shares of Common Stock held directly.
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. filed a Form 3 reporting that Chief Operating Officer Kyle K. Brengel beneficially owns 12,250 shares of Common Stock held directly. The submission also references Exhibit 24.1, described as a Power of Attorney.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brengel Kyle K.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,250 shares (Direct)
Key Figures
Common Stock beneficially owned: 12,250 shares
1 metrics
Common Stock beneficially owned
12,250 shares
Reported beneficial ownership of Common Stock by COO Kyle K. Brengel
Key Terms
Common Stock, Chief Operating Officer, Power of Attorney
3 terms
Common Stock financial
"security_title identifies the holdings as 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.
Chief Operating Officer financial
"officer_title lists the role as Chief Operating Officer"
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
Power of Attorney regulatory
"remarks reference Exhibit 24.1 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does ACRES Commercial Realty (ACR) disclose in this Form 3?
It discloses that COO Kyle K. Brengel beneficially owns 12,250 shares of ACRES Commercial Realty Common Stock held directly. This Form 3 reports his equity position as an officer of the company for investor transparency.
Is Kyle K. Brengel’s ownership in ACR reported as direct or indirect?
Kyle K. Brengel’s beneficial ownership of ACRES Commercial Realty shares is reported as direct. The Form 3 data classifies his 12,250 Common Stock shares with a direct ownership code, indicating they are held in his own name.
What officer role does the reporting person hold at ACRES Commercial Realty (ACR)?
The reporting person, Kyle K. Brengel, is identified as the Chief Operating Officer of ACRES Commercial Realty Corp. This officer title appears in the Form 3 data alongside his reported Common Stock holdings.
Does the Form 3 for ACRES Commercial Realty (ACR) mention any additional documentation?
Yes. The Form 3 remarks reference Exhibit 24.1, described as a Power of Attorney. This indicates that a Power of Attorney document is associated with the filing, authorizing representation related to the insider reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
