Eagle Point funds trim ACRES Commercial Realty (NYSE: ACR) preferred stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reported an insider transaction by investment entities managed by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC as 10% owners. On January 14, 2026, certain private funds and accounts they manage sold 5,400 shares of the company’s 8.625% Series C Preferred Stock at a weighted average price of $24.99 per share, leaving 358,430 Series C preferred shares indirectly held. The filing also shows indirect holdings of 755,391 shares of 7.875% Series D Preferred Stock and 1,177,060 shares of common stock. The securities are held by the managed funds and accounts, and the reporting entities state they could be deemed to have an indirect pecuniary interest but expressly disclaim beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,400 shares ($134,946)
Net Sell
3 txns
Insider
Eagle Point Credit Management LLC, Eagle Point DIF GP I LLC
Role
10% Owner | 10% Owner
Sold
5,400 shs ($135K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 8.625% Series C Preferred Stock | 5,400 | $24.99 | $135K |
| holding | 7.875% Series D Preferred Stock | -- | -- | -- |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
8.625% Series C Preferred Stock — 358,430 shares (Indirect, See footnotes);
7.875% Series D Preferred Stock — 755,391 shares (Indirect, See footnotes);
Common Stock, $0.001 par value — 1,177,060 shares (Indirect, See footnotes)
Footnotes (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. 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. 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. The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $24.98 to $25.13 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.
FAQ
What insider transaction did Eagle Point entities report for ACR?
Investment funds and accounts managed by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC reported selling 5,400 shares of 8.625% Series C Preferred Stock of ACRES Commercial Realty Corp. (ACR).
What other ACRES Commercial Realty securities are indirectly held by the Eagle Point managed accounts?
The filing lists indirect holdings of 755,391 shares of 7.875% Series D Preferred Stock and 1,177,060 shares of ACRES Commercial Realty common stock by the managed funds and accounts.
Who actually holds the ACR securities reported in this Form 4?
The securities are directly held by certain private investment funds and accounts (the “Applicable Accounts”) managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as general partner to certain of those accounts.
Do the Eagle Point reporting entities claim beneficial ownership of these ACR securities?
No. The reporting entities state they could be deemed to have an indirect pecuniary interest but expressly disclaim beneficial ownership of the ACRES Commercial Realty securities described.
What is the relationship of the Eagle Point entities to ACRES Commercial Realty Corp.?
Both Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC are identified in the filing as 10% owners of ACRES Commercial Realty Corp.