Eagle Point funds cut ACR (NYSE: ACR) preferred holdings in Form 4

Rhea-AI Filing Summary

ACRES Commercial Realty Corp. 10% owners report preferred share sales through managed accounts. Private investment funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as general partner to certain accounts, reported open-market sales of the company’s preferred stock.

On February 2–4, 2026, the accounts sold 7.875% Series D Preferred Stock in several trades, including 5,200 shares at $22.11, 44 shares at $22.12, and 97 shares at $22.12. After these trades, the accounts indirectly held 746,092 Series D preferred shares. On February 3, they also sold 5 shares of 8.625% Series C Preferred Stock at $25.10, leaving 355,557 Series C preferred shares, and reported indirect holdings of 1,177,060 common shares. The reporting entities state they may be deemed to have an indirect pecuniary interest but disclaim beneficial ownership.

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

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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^*

Eagle Point Credit Management LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ACRES Commercial Realty Corp. [ ACR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
7.875% Series D Preferred Stock	02/02/2026		S		5,200	D	$22.11	746,233	I	See footnotes(1)(2)(3)(4)
7.875% Series D Preferred Stock	02/03/2026		S		44	D	$22.12	746,189	I	See footnotes(1)(2)(3)
7.875% Series D Preferred Stock	02/04/2026		S		97	D	$22.12	746,092	I	See footnotes(1)(2)(3)
Common Stock, $0.001 par value								1,177,060	I	See footnotes(1)(2)(3)
8.625% Series C Preferred Stock	02/03/2026		S		5	D	$25.1	355,557	I	See footnotes(1)(2)(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Eagle Point Credit Management LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Eagle Point DIF GP I LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. The securities are directly held by certain private investment funds and/or certain accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point DIF GP I LLC ("DIF GP") serves as general partner to certain Applicable Accounts.

2. EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein.

3. Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.

4. The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $22.10 to $22.13 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

	/s/ Courtney Fandrick, Chief Compliance Officer of Eagle Point Credit Management LLC	02/04/2026
	/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC	02/04/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Eagle Point entities report in ACR on February 2–4, 2026?

The filing reports open-market sales of ACRES Commercial Realty preferred shares by accounts managed by Eagle Point Credit Management. Trades included 7.875% Series D and 8.625% Series C preferred stock over February 2–4, 2026, at prices around $22–$25 per share.

How many ACR 7.875% Series D preferred shares remain held after these Eagle Point trades?

After the reported transactions, the accounts managed by Eagle Point Credit Management held 746,092 shares of ACRES Commercial Realty’s 7.875% Series D Preferred Stock indirectly. This figure reflects holdings following the February 2–4, 2026 sales disclosed in the Form 4 filing.

What price did the Eagle Point-managed accounts receive for ACR’s 7.875% Series D preferred shares?

The accounts sold ACRES Commercial Realty’s 7.875% Series D Preferred Stock at weighted average prices of about $22.11 and $22.12 per share. One footnote notes multiple transactions within a price range from $22.10 to $22.13 per share during the reported period.

Did the Eagle Point accounts also trade ACRES Commercial Realty’s 8.625% Series C Preferred Stock?

Yes. On February 3, 2026, the accounts sold 5 shares of ACRES Commercial Realty’s 8.625% Series C Preferred Stock at $25.10 per share. Following this transaction, they indirectly held 355,557 shares of the Series C preferred stock according to the Form 4 disclosure.

How much ACRES Commercial Realty common stock is indirectly held by the Eagle Point accounts?

The Form 4 reports that the applicable accounts indirectly hold 1,177,060 shares of ACRES Commercial Realty common stock. This line reflects a reported indirect holding, not a new transaction, and is attributed to accounts managed by Eagle Point Credit Management and related entities.

Do Eagle Point Credit Management and Eagle Point DIF GP I LLC claim beneficial ownership of the ACR securities?

The reporting entities state they could be deemed to have an indirect pecuniary interest through the managed accounts. However, they expressly disclaim beneficial ownership of the reported ACRES Commercial Realty securities under Rule 16a-1(a)(4) and say the report does not admit such ownership for any purpose.