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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 7.875% Series D Preferred Stock | 114 | $22.26 | $3K |
| Sale | 7.875% Series D Preferred Stock | 605 | $22.26 | $13K |
| Sale | 8.625% Series C Preferred Stock | 653 | $25.26 | $16K |
| Sale | 8.625% Series C Preferred Stock | 98 | $25.24 | $2K |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
Footnotes (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. 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. 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. The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $25.24 to $25.26 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.
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.
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.
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.