ACRES Commercial Realty (NYSE: ACR) SVP receives 343,856 merger shares
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. officer Jaclyn Jesberger reported acquiring 343,856.0000 shares of common stock on August 6, 2026, as a grant/award tied to a merger-related stock conversion at a 2.61882:1 exchange ratio, increasing her direct holdings to 354,228.0000 shares plus 1,154.0000 shares held indirectly by minor children.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 343,856 shares
Net Buy
2 txns
Insider
Jesberger Jaclyn
Role
SVP. CLO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 343,856 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 354,228 shares (Direct);
Common Stock — 1,154 shares (Indirect, By minor children)
Footnotes (1)
- 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.
Key Figures
Shares acquired: 343,856.0000 shares
Direct holdings after transaction: 354,228.0000 shares
Indirect holdings: 1,154.0000 shares
+2 more
5 metrics
Shares acquired
343,856.0000 shares
Common stock grant/award on August 6, 2026
Direct holdings after transaction
354,228.0000 shares
Direct ACRES Commercial Realty common stock owned after award
Indirect holdings
1,154.0000 shares
Common stock held indirectly, described as by minor children
Exchange ratio
2.61882
ACRES Commercial Realty common shares per ACRES Capital Corp. share in merger
Reported price per share
0.0000
Transaction price for the 343,856.0000-share grant/award
Key Terms
Agreement and Plan of Merger, par value, 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.
par value financial
"each outstanding share of common stock, $0.0001 par value per share, of ACC converted"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
external manager financial
"ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company,"
FAQ
What transaction did ACRES Commercial Realty (ACR) officer Jaclyn Jesberger report?
She reported an acquisition of 343,856.0000 shares of ACRES Commercial Realty common stock on August 6, 2026, coded as a grant/award (code A) at a reported price of $0.0000 per share, tied to a merger-related stock conversion.
What merger exchange ratio is referenced in Jaclyn Jesberger’s ACRES Commercial Realty (ACR) filing?
The footnote states that each outstanding share of ACRES Capital Corp. common stock converted into the right to receive 2.61882 shares of ACRES Commercial Realty common stock, providing the exchange ratio for the merger-related stock conversion.
Did the ACRES Commercial Realty (ACR) Form 4 disclose any indirect ownership for Jaclyn Jesberger?
Yes. In addition to her direct holdings, the Form 4 includes an indirect ownership entry of 1,154.0000 shares of ACRES Commercial Realty common stock, with the nature of that ownership described as "By minor children".
AI-generated analysis. How Rhea-AI works. Not financial advice.
