Merger grants boost ACRES Commercial Realty Corp. (NYSE: ACR) insider stake
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. director and officer Andrew Fentress reported stock-for-stock, merger-related awards of common stock on 2026-08-06. He acquired 988,453 shares directly and 892,213 shares indirectly through a limited liability company controlled by his spouse, at a reported price of $0.00 per share, as ACRES Capital Corp. stock converted into ACRES Commercial Realty stock at a 2.61882-for-1 exchange ratio. Following these awards, he reported holdings of 1,029,855 shares directly, 892,213 via the spouse’s LLC, plus indirect family holdings of 26,316 shares for minor children and 18,483 shares for parents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,880,666 shares
Net Buy
4 txns
Insider
Fentress Andrew
Role
COB & MD Capital Markets
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 988,453 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 892,213 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,029,855 shares (Direct);
Common Stock — 892,213 shares (Indirect, By spouse LLC);
Common Stock — 26,316 shares (Indirect, By minor children);
Common Stock — 18,483 shares (Indirect, By parents)
Footnotes (2)
- F1. Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC, a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company, on the other hand, (i) each outstanding share of common stock, $0.0001 par value per share, of ACC converted into the right to receive 2.61882 shares of common stock, $0.001 par value per share, of the Company.
- F2. The Reporting Person's spouse is the controlling member of a limited liability company, of which the Reporting Person is a minority member.
Key Figures
Direct shares acquired: 988453 shares
Indirect shares acquired (spouse LLC): 892213 shares
Direct shares following transaction: 1029855 shares
+3 more
6 metrics
Direct shares acquired
988453 shares
Common Stock grant/award on 2026-08-06
Indirect shares acquired (spouse LLC)
892213 shares
Common Stock grant/award on 2026-08-06 via spouse’s LLC
Direct shares following transaction
1029855 shares
Direct holdings after 2026-08-06 merger-related awards
Indirect holdings by minor children
26316 shares
Indirect ownership reported as held by minor children
Indirect holdings by parents
18483 shares
Indirect ownership reported as held by parents
Merger exchange ratio
2.61882 shares per share
Each ACC share converted into 2.61882 ACRES shares
Key Terms
Agreement and Plan of Merger, limited liability company, external manager
3 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger, dated April 29, 2026,"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
limited liability company financial
"The Reporting Person's spouse is the controlling member of a limited liability company,"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
external manager financial
"ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company"
FAQ
What insider transaction did Andrew Fentress report for ACRES Commercial Realty (ACR)?
Andrew Fentress reported merger-related acquisitions of ACRES Commercial Realty common stock. On 2026-08-06 he received 988,453 shares directly and 892,213 shares indirectly via his spouse’s LLC at $0.00 per share, as ACRES Capital Corp. stock converted into ACRES shares at a 2.61882-for-1 ratio.
What indirect and family holdings does Andrew Fentress report in this Form 4 for ACR?
He reports 892,213 shares held indirectly through a limited liability company controlled by his spouse, plus indirect family holdings of 26,316 shares held for minor children and 18,483 shares held for parents, all in ACRES Commercial Realty common stock as of 2026-08-06.
Were Andrew Fentress’s ACRES Commercial Realty (ACR) transactions open-market purchases?
No. The reported transactions are code A grant or award acquisitions at a stated price of $0.00 per share. Footnotes explain they result from a stock-for-stock merger conversion of ACRES Capital Corp. shares into ACRES Commercial Realty shares, not from cash purchases in the open market.
What is Andrew Fentress’s role and ownership status at ACRES Commercial Realty (ACR)?
Andrew Fentress is a director and officer of ACRES Commercial Realty, serving as COB & MD Capital Markets, and is classified as a more-than-10% owner. After the merger-related awards, he reported 1,029,855 shares directly plus significant indirect and family holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
