ACRES Commercial Realty insider awarded 109,990 shares
ACRES Commercial Realty Corp. reported that MD – Finance and Accounting Richard A. Persaud acquired 109,990 shares of common stock on August 6, 2026 as a grant/award at $0.00 per share.
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reported that MD – Finance and Accounting Richard A. Persaud acquired 109,990 shares of common stock on August 6, 2026 as a grant/award at $0.00 per share. The acquisition occurred under a merger converting ACRES Capital Corp. stock at a 2.61882-to-1 ratio. Persaud now holds 111,323 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 109,990 shares
Grant/Award
1 txn
Insider
Persaud Richard A.
Role
MD - Finance and Accounting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 109,990 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 111,323 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC, a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company, on the other hand, (i) each outstanding share of common stock, $0.0001 par value per share, of ACC converted into the right to receive 2.61882 shares of common stock, $0.001 par value per share, of the Company.
Key Figures
Shares acquired: 109,990 shares
Price per share: $0.00
Shares owned after transaction: 111,323 shares
+1 more
4 metrics
Shares acquired
109,990 shares
Common stock granted to Richard A. Persaud on August 6, 2026
Price per share
$0.00
Grant/award acquisition of ACRES Commercial Realty common stock
Shares owned after transaction
111,323 shares
Direct common stock holdings of Richard A. Persaud following the grant
Merger share conversion ratio
2.61882
Each ACC common share converted into 2.61882 ACRES Commercial Realty shares under the April 29, 2026 merger agreement
Key Terms
Agreement and Plan of Merger, par value, external manager
3 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
par value financial
"each outstanding share of common stock, $0.0001 par value per share, of ACC"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
external manager financial
"ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ACRES Commercial Realty (ACR) report for Richard A. Persaud?
Richard A. Persaud, MD – Finance and Accounting, acquired 109,990 shares of ACRES Commercial Realty common stock on August 6, 2026 as a grant/award at $0.00 per share, increasing his direct ownership stake in the company.
Was Richard A. Persaud’s ACRES Commercial Realty (ACR) transaction under a Rule 10b5-1 trading plan?
No. The company indicates this transaction was not made under a Rule 10b5-1 trading plan. Instead, the 109,990-share acquisition stems from the merger-related share conversion terms, rather than a pre-arranged trading program for discretionary market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.