ACRES Commercial Realty (ACR) 10% owner granted 204,765 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACRES Share Holdings, LLC reported acquisition or exercise transactions in this Form 4 filing.
ACRES Commercial Realty Corp. reported that an affiliated 10% owner entity received a grant of 204,765 shares of restricted common stock with a stated price of $0.00 per share. After this award, the reporting holder owns 1,171,112 shares of common stock directly.
The restricted shares were granted under the ACRES Commercial Realty Corp. Manager Incentive Plan as compensation for serving as the company’s external manager. The award will vest over four years, with 25% vesting each year beginning on March 5, 2027, and requires no additional cash consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ACRES Share Holdings, LLC, ACRES Capital, LLC, ACRES Capital Corp.
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 204,765 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,171,112 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ACRES Commercial Realty Corp. (ACR) report on this Form 4?
ACRES Commercial Realty Corp. reported that a 10% owner entity received a grant of 204,765 shares of restricted common stock. The award is equity compensation for serving as the company’s external manager and does not involve any cash purchase price or sale proceeds.
Who received the restricted stock grant reported by ACRES Commercial Realty (ACR)?
The grant was received by a reporting person that is a 10% owner of ACRES Commercial Realty Corp. The entity was awarded 204,765 restricted common shares as compensation for its role as the company’s external manager, subject to four-year vesting terms.