ACRES Commercial Realty (ACR) director reports Series D preferred stock sales
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reported insider sales of its 7.875% Series D Preferred Stock by an indirect holder associated with a director-level reporting person. On 12/23/2025, the reporting person sold 499 shares of 7.875% Series D Preferred Stock at $22.26 per share, and on 12/24/2025 sold an additional 455 shares at $22.30 per share. After these transactions, the filing shows 760,391 shares of this preferred stock beneficially owned on an indirect basis.
The filing also reports indirect beneficial ownership of 1,177,060 shares of common stock and 381,511 shares of 8.625% Series C Preferred Stock, with no new transactions in those classes. The securities are held in certain private investment funds and accounts managed by Eagle Point Credit Management LLC, and the reporting persons expressly disclaim beneficial ownership beyond their indirect pecuniary interest.
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FAQ
What insider transaction did ACRES Commercial Realty Corp (ACR) report in this filing?
The filing reports two sales of 7.875% Series D Preferred Stock. On 12/23/2025, the reporting person sold 499 shares at $22.26 per share, and on 12/24/2025 they sold 455 shares at $22.30 per share.
How many 7.875% Series D Preferred shares are beneficially owned after the reported ACR trades?
Following the reported transactions, the filing shows 760,391 shares of 7.875% Series D Preferred Stock beneficially owned on an indirect basis.
What other ACRES Commercial Realty (ACR) securities are reported as beneficially owned?
In addition to the Series D Preferred Stock, the filing reports indirect beneficial ownership of 1,177,060 shares of common stock and 381,511 shares of 8.625% Series C Preferred Stock.
Who holds the ACRES Commercial Realty securities referenced in this insider report?
The securities are held by certain private investment funds and accounts referred to as the Applicable Accounts, which are managed by Eagle Point Credit Management LLC (EPCM). Eagle Point DIF GP I LLC serves as general partner to certain Applicable Accounts.
How do Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC describe their interest in ACR securities?
The filing states that EPCM and DIF GP could be deemed to have an indirect pecuniary interest in the reported securities and that each reporting person disclaims beneficial ownership of the securities beyond that interest.
What is the relationship of the reporting person to ACRES Commercial Realty Corp (ACR)?
The relationship box indicates that the reporting person is a Director of ACRES Commercial Realty Corp.
Does the filing indicate whether the ACR trades were under a Rule 10b5-1 trading plan?
The form includes a checkbox for trades made pursuant to a Rule 10b5-1(c) trading plan, but the excerpt does not show that box marked as selected.