Director Dawanna Williams awarded 5,555 ACRES (ACR) restricted common shares
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Williams Dawanna
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 insider transaction did ACRES Commercial Realty Corp. (ACR) report for Dawanna Williams?
ACRES Commercial Realty Corp. reported that director Dawanna Williams received a grant of 5,555 shares of restricted common stock. The award was recorded at a stated price of $0.0000 per share and was granted as part of her compensation for serving on the board.