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ACRES Commercial Realty (ACR) director awarded 5,555 restricted shares in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ickowicz Gary reported acquisition or exercise transactions in this Form 4 filing.

ACRES Commercial Realty director Gary Ickowicz reported receiving a grant of 5,555 shares of restricted common stock. The award was made on March 5, 2026 at a stated price of $0.00 per share under the company’s Third Amended & Restated Omnibus Equity Compensation Plan.

According to the filing, these restricted shares vest over four years, with 25% vesting each year beginning on March 5, 2027, in connection with his service as a director and without additional consideration. After this grant, Ickowicz directly holds 31,184 shares of ACRES Commercial Realty common stock.

Positive

  • None.

Negative

  • None.
Insider Ickowicz Gary
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 5,555 $0.00 --
Holdings After Transaction: Common Stock — 31,184 shares (Direct)
Footnotes (1)
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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
Estimated average burden
hours per response: 0.5
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*
Ickowicz Gary

(Last) (First) (Middle)
390 RXR PLAZA

(Street)
UNIONDALE NY 11556

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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
Common Stock 03/05/2026 A 5,555 A $0(1) 31,184 D
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
Explanation of Responses:
1. 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.
/s/ Julie Wilson, attorney-in-fact 03/06/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ACRES Commercial Realty (ACR) report for Gary Ickowicz?

ACRES Commercial Realty reported that director Gary Ickowicz received a grant of 5,555 shares of restricted common stock on March 5, 2026. The award was made at a stated price of $0.00 per share under the company’s equity compensation plan.

How do the 5,555 restricted shares granted to ACR director Gary Ickowicz vest?

The 5,555 restricted shares granted to Gary Ickowicz vest over four years, with 25% vesting each year beginning on March 5, 2027. This schedule ties continued vesting to his ongoing service as a director.

What is Gary Ickowicz’s total ACRES Commercial Realty shareholding after the latest grant?

After this restricted stock grant, Gary Ickowicz directly holds 31,184 shares of ACRES Commercial Realty common stock. This total reflects the newly awarded 5,555 restricted shares in addition to his previously held shares.

Under which plan were the new ACR restricted shares granted to Gary Ickowicz?

The 5,555 restricted shares were granted under ACRES Commercial Realty’s Third Amended & Restated Omnibus Equity Compensation Plan. The award is described as receivable for his service as a director, without additional cash consideration.

Did Gary Ickowicz pay cash for the 5,555 ACR restricted shares he received?

The filing shows a transaction price of $0.00 per share, and the footnote states the shares are granted without additional consideration. They are compensation for his service as a director under the company’s equity compensation plan.