Eagle Point funds trim ACR (NYSE: ACR) Series C preferred stake

Rhea-AI Filing Summary

ACRES Commercial Realty Corp. reported insider activity by entities associated with Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. Private investment funds and accounts managed by Eagle Point Credit Management (the “Applicable Accounts”) sold 3,702 shares of ACRES’ 8.625% Series C Preferred Stock on 01/09/2026 at a weighted average price of $24.89 per share, and 13,979 shares on 01/13/2026 at a weighted average price of $24.93 per share. The prices reflect multiple trades in ranges of $24.88–$24.89 and $24.92–$24.95 per share.

After these sales, the Applicable Accounts indirectly held 363,830 shares of 8.625% Series C Preferred Stock, 755,391 shares of 7.875% Series D Preferred Stock, and 1,177,060 shares of common stock, all reported as indirect holdings. Eagle Point Credit Management and Eagle Point DIF GP I, which serves as general partner to certain Applicable Accounts, state they could be deemed to have an indirect pecuniary interest but expressly disclaim beneficial ownership of these securities.

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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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^*

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)
01/09/2026

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								755,391	I	See footnotes(1)(2)(3)
Common Stock, $0.001 par value								1,177,060	I	See footnotes(1)(2)(3)
8.625% Series C Preferred Stock	01/09/2026		S		3,702	D	$24.89	377,809	I	See footnotes(1)(2)(3)(4)
8.625% Series C Preferred Stock	01/13/2026		S		13,979	D	$24.93	363,830	I	See footnotes(1)(2)(3)(5)

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 $24.88 to $24.89 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.

5. The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $24.92 to $24.95 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	01/13/2026
	/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC	01/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

Who are the reporting persons in the ACRES (ACR) Form 4 filing?

The reporting persons are Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, each identified as a 10% owner of ACRES Commercial Realty Corp. They report holdings and transactions for private investment funds and accounts they manage or serve as general partner to.

What ACRES (ACR) securities did Eagle Point-managed accounts sell?

The Applicable Accounts managed by Eagle Point Credit Management sold 8.625% Series C Preferred Stock of ACRES Commercial Realty Corp. on two dates in January 2026, as disclosed in the Form 4.

How many ACRES 8.625% Series C Preferred shares were sold and at what prices?

The Applicable Accounts sold 3,702 shares of 8.625% Series C Preferred Stock on 01/09/2026 at a weighted average price of $24.89 per share, and 13,979 shares on 01/13/2026 at a weighted average price of $24.93 per share. The trades occurred in price ranges of $24.88–$24.89 and $24.92–$24.95 per share, respectively.

What ACRES (ACR) stakes remain after the reported transactions?

Following the reported sales, the Applicable Accounts indirectly held 363,830 shares of 8.625% Series C Preferred Stock, 755,391 shares of 7.875% Series D Preferred Stock, and 1,177,060 shares of common stock of ACRES Commercial Realty Corp.

How is beneficial ownership described for these ACRES (ACR) holdings?

The Form 4 explains that the securities are held by certain private funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as general partner to certain accounts. The reporting persons state they could be deemed to have an indirect pecuniary interest, but they disclaim beneficial ownership of the reported securities.

Are the ACRES (ACR) transactions direct or indirect for the reporting persons?

All positions in the Form 4 are reported as indirect (I) ownership. The securities are held by the Applicable Accounts, not directly by the reporting entities, and the nature of ownership refers to the explanatory footnotes.