ACRES Commercial Realty (ACR) director receives 5,555-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Karen K reported acquisition or exercise transactions in this Form 4 filing.
ACRES Commercial Realty Corp. director Karen K. Edwards reported receiving a grant of 5,555 shares of restricted common stock. This equity award was made at a stated price of $0.00 per share as a non-cash compensation grant.
According to the grant terms, the 5,555 restricted shares will vest over four years, with 25% vesting each year beginning on March 5, 2027. Following this award, Edwards directly holds a total of 15,079 shares of the company’s common stock. The shares are granted under the company’s Third Amended & Restated Omnibus Equity Compensation Plan as compensation for her service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edwards Karen K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,555 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,079 shares (Direct)
Footnotes (1)
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FAQ
What did ACRES Commercial Realty Corp. (ACR) director Karen Edwards report on this Form 4?
Karen K. Edwards reported receiving a grant of 5,555 shares of restricted common stock as director compensation. The award is a non-cash equity grant priced at $0.00 per share and increases her direct holdings to 15,079 common shares.