ACRES Commercial Realty Corp. (ACR) funds report preferred stock sales and holdings
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. insider filing reports preferred stock sales by investment manager affiliates. Private funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as a general partner to certain accounts, sold small amounts of ACRES preferred shares in December 2025. On 12/11/2025 and 12/12/2025 they sold a total of 719 shares of 7.875% Series D Preferred Stock at $22.26 per share, leaving 762,717 Series D shares beneficially owned indirectly. On 12/10/2025 and 12/11/2025 they sold a total of 751 shares of 8.625% Series C Preferred Stock at prices between $25.24 and $25.26, leaving 381,511 Series C shares beneficially owned indirectly. The filing also reports indirect beneficial ownership of 1,177,060 shares of ACRES common stock. The reporting persons state that these securities are held in managed funds and accounts and expressly disclaim beneficial ownership for Section 16 and other purposes.
Positive
- None.
Negative
- None.
FAQ
What insider transactions were reported for ACRES Commercial Realty Corp. (ACR)?
The filing reports sales of ACRES Commercial Realty Corp. preferred stock by private funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as a general partner to certain accounts. They sold small amounts of both 7.875% Series D Preferred Stock and 8.625% Series C Preferred Stock in December 2025.
How many ACRES 7.875% Series D Preferred shares were sold and at what price?
The managed accounts sold 605 shares of 7.875% Series D Preferred Stock on 12/11/2025 and 114 shares on 12/12/2025, each at a price of $22.26 per share. After these sales, 762,717 Series D preferred shares were reported as beneficially owned indirectly.
What activity occurred in ACRES 8.625% Series C Preferred Stock?
The accounts sold 98 shares of 8.625% Series C Preferred Stock on 12/10/2025 at $25.24 per share and 653 shares on 12/11/2025 at a weighted average price of $25.26 per share. Following these transactions, 381,511 Series C preferred shares were reported as beneficially owned indirectly.
How many ACRES Commercial Realty Corp. common shares are reported as beneficially owned?
The filing states that the managed accounts indirectly beneficially own 1,177,060 shares of ACRES Commercial Realty Corp. common stock, $0.001 par value.
Who are the reporting persons in this ACRES (ACR) Form 4 and how do they hold the securities?
The reporting persons are Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. The securities are held directly by certain private investment funds and accounts they manage (the "Applicable Accounts"), and the reporting persons are treated as having an indirect pecuniary interest under Rule 16a-1(a)(2)(ii).
Do the reporting entities claim beneficial ownership of the ACRES securities?
No. The filing states that each reporting person disclaims beneficial ownership of the securities reported, under Rule 16a-1(a)(4), and that including these securities in the report is not an admission of beneficial ownership for Section 16 or any other purpose.
How were the prices for the ACRES 8.625% Series C Preferred Stock sales determined?
The filing notes that the reported price for the 8.625% Series C Preferred Stock on 12/11/2025 reflects a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.24 to $25.26 per share, and full trade details are available upon request to the reporting person.