Funds tied to ACRES Commercial Realty (NYSE: ACR) trim Series D stake

Rhea-AI Filing Summary

Private investment funds and accounts managed by Eagle Point Credit Management LLC, for which Eagle Point DIF GP I LLC serves as general partner to certain accounts, reported sales of ACRES Commercial Realty Corp. 7.875% Series D preferred stock. On January 21, 2026, the Applicable Accounts sold 692 shares at $22.07 per share, and on January 23, 2026 they sold 1,100 shares at $22.02 per share, using weighted average pricing across multiple trades in a narrow range.

After these transactions, the Applicable Accounts indirectly associated with the reporting persons held 753,599 shares of 7.875% Series D preferred stock, 1,177,060 shares of common stock, and 358,430 shares of 8.625% Series C preferred stock of ACRES Commercial Realty Corp. The reporting entities state that they may be deemed to have an indirect pecuniary interest in these securities but expressly 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

OMB APPROVAL

OMB Number:			3235-0287
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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)
01/21/2026

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	01/21/2026		S		692	D	$22.07	754,699	I	See footnotes(1)(2)(3)
7.875% Series D Preferred Stock	01/23/2026		S		1,100	D	$22.02	753,599	I	See footnotes(1)(2)(3)(4)
Common Stock, $0.001 par value								1,177,060	I	See footnotes(1)(2)(3)
8.625% Series C Preferred Stock								358,430	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 $22.02 to $22.07 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	01/23/2026
	/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

Who are the reporting persons in the ACR Form 4 filing?

The Form 4 lists Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC as reporting persons, each identified as a 10% owner of ACRES Commercial Realty Corp. for Section 16 purposes.

What ACR securities did the Eagle Point-managed accounts sell?

Certain private funds and accounts managed by Eagle Point Credit Management LLC sold 7.875% Series D Preferred Stock of ACRES Commercial Realty Corp. in the reported transactions.

How many ACR Series D preferred shares were sold and at what prices?

The Applicable Accounts sold 692 shares of 7.875% Series D preferred stock at $22.07 per share on January 21, 2026 and 1,100 shares at $22.02 per share on January 23, 2026, with prices reported on a weighted average basis.

What ACR holdings remain after these transactions for the Eagle Point-managed accounts?

Following the reported sales, the Applicable Accounts indirectly associated with the reporting persons held 753,599 shares of 7.875% Series D preferred stock, 1,177,060 shares of common stock, and 358,430 shares of 8.625% Series C preferred stock of ACRES Commercial Realty Corp.

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

The filing states that Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC could be deemed to have an indirect pecuniary interest in the reported securities but that each reporting person disclaims beneficial ownership of the securities described.

How were the reported sale prices for ACR Series D preferred stock calculated?

The filing explains that the reported prices are weighted average prices per share. The securities were sold in multiple transactions at prices ranging from $22.02 to $22.07 per share, and the reporting person undertakes to provide detailed breakdowns upon request.