ACRES Commercial Realty insider Form 4 shows preferred stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. (ACR) reported insider transactions on a Form 4 by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. The filing shows sales of preferred shares and updated indirect holdings.
They sold 2,089 shares of 8.625% Series C Preferred Stock on 10/31/2025 at $25.19, leaving 391,557 shares indirectly beneficially owned. They also sold 352 shares of 7.875% Series D Preferred Stock on 11/04/2025 at $22.17, leaving 770,160 shares indirectly beneficially owned. The filing lists 1,177,060 shares of common stock as indirectly beneficially owned. Footnotes state the securities are held by accounts managed by EPCM, with beneficial ownership disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,441 shares ($60,426)
Net Sell
3 txns
Insider
Eagle Point Credit Management LLC, Eagle Point DIF GP I LLC
Role
10% Owner | 10% Owner
Sold
2,441 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 7.875% Series D Preferred Stock | 352 | $22.17 | $8K |
| Sale | 8.625% Series C Preferred Stock | 2,089 | $25.19 | $53K |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
7.875% Series D Preferred Stock — 770,160 shares (Indirect, See footnotes);
8.625% Series C Preferred Stock — 391,557 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 $25.16 to $25.21 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 did ACR’s Form 4 report for ACR?
It reported sales of preferred shares and updated indirect holdings by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC.
Who are the reporting persons on this ACR Form 4?
Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, with holdings attributed to accounts they manage and beneficial ownership disclaimed.
What was the transaction code on the Form 4?
Code S, indicating sales of securities.