Eagle Point entities trim ACRES (NYSE: ACR) 8.625% Series C preferred stake

Rhea-AI Filing Summary

ACRES Commercial Realty Corp. reported that private investment accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as a general partner to certain accounts, sold 3,701 shares of the company’s 8.625% Series C Preferred Stock in open-market transactions. These sales occurred on February 24–26, 2026 at prices between $25.25 and $25.28 per share. After these transactions, the accounts indirectly held 351,347 shares of 8.625% Series C Preferred Stock, 745,819 shares of 7.875% Series D Preferred Stock, and 1,177,060 shares of common stock. The reporting entities disclaim beneficial ownership of the securities reported.

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

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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)
02/24/2026

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								745,819	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	02/24/2026		S		600	D	$25.25	354,448	I	See footnotes(1)(2)(3)
8.625% Series C Preferred Stock	02/25/2026		S		1,800	D	$25.25	352,648	I	See footnotes(1)(2)(3)(4)
8.625% Series C Preferred Stock	02/26/2026		S		1,301	D	$25.28	351,347	I	See footnotes(1)(2)(3)(4)

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 $25.25 to $25.28 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	02/26/2026
	/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC	02/26/2026
	** 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

What insider activity did ACRES Commercial Realty Corp. (ACR) report in this Form 4?

ACRES Commercial Realty reported that accounts managed by Eagle Point Credit Management LLC sold 3,701 shares of its 8.625% Series C Preferred Stock. The transactions were open-market sales over several days, and the reporting entities continue to hold preferred and common shares indirectly.

How many ACRES Commercial Realty (ACR) preferred shares were sold and at what prices?

A total of 3,701 shares of 8.625% Series C Preferred Stock were sold. The weighted average sale prices ranged from $25.25 to $25.28 per share across multiple open-market transactions executed between February 24 and February 26, 2026.

Who executed the reported ACRES Commercial Realty (ACR) preferred stock sales?

The sales were executed by certain private investment funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as general partner to certain accounts. These entities reported indirect pecuniary interests and expressly disclaimed beneficial ownership of the securities.

What ACRES Commercial Realty (ACR) securities do the reporting entities hold after the transactions?

After the reported trades, the accounts indirectly held 351,347 shares of 8.625% Series C Preferred Stock, 745,819 shares of 7.875% Series D Preferred Stock, and 1,177,060 shares of common stock. These positions are held indirectly through managed private investment funds and accounts.

Do Eagle Point entities claim beneficial ownership of ACRES Commercial Realty (ACR) shares?

No. Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC explicitly disclaim beneficial ownership of the reported ACRES Commercial Realty securities. They state any interest is indirect and the inclusion of these holdings should not be viewed as an admission of beneficial ownership.

What does the pricing footnote in the ACRES Commercial Realty (ACR) Form 4 explain?

The pricing footnote explains the reported sale price is a weighted average. The 8.625% Series C Preferred Stock was sold in multiple transactions at prices between $25.25 and $25.28 per share. Detailed trade-level pricing is available to regulators and security holders upon request.