ACRES director granted 5,555 restricted shares
Williams Dawanna reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Williams Dawanna reported acquisition or exercise transactions in this Form 4 filing.
ACRES Commercial Realty Corp. director Dawanna Williams reported receiving a grant of 5,555 shares of restricted common stock of the company. The award was made at a stated price of $0.0000 per share and increased her directly held common stock to 15,079 shares after the transaction.
According to the grant terms, these 5,555 restricted shares were issued under the company’s Third Amended & Restated Omnibus Equity Compensation Plan. The shares will vest over four years, with 25% vesting each year beginning on March 5, 2027, in connection with her service as a director and without additional consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,555 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person has been granted 5,555 shares of restricted common stock under the Issuer's Third Amended & Restated Omnibus Equity Compensation Plan. These shares will vest over four years, with 25% vesting per year beginning on March 5, 2027, and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ACRES Commercial Realty Corp. (ACR) report for Dawanna Williams?
AI-generated analysis. How Rhea-AI works. Not financial advice.