ACRES Commercial Realty (ACR) insider sale of Series D preferred reported
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reported an insider transaction involving funds managed by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, which serve as general partner or manager to certain investment accounts. On 12/31/2025, these accounts sold 5,000 shares of ACRES’ 7.875% Series D Preferred Stock at a price of $22.41 per share under transaction code "S" for sale.
The sale price reflects a weighted average, with individual trades executed between $22.38 and $22.42 per share. Following this transaction, the reporting persons report indirect beneficial ownership of 755,391 shares of 7.875% Series D Preferred Stock, 1,177,060 shares of common stock, and 381,511 shares of 8.625% Series C Preferred Stock. The reporting parties state that they disclaim beneficial ownership of these securities beyond any indirect pecuniary interest through the managed accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 7.875% Series D Preferred Stock | 5,000 | $22.41 | $112K |
| holding | Common Stock, $0.001 par value | -- | -- | -- |
| holding | 8.625% Series C Preferred Stock | -- | -- | -- |
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 $22.38 to $22.42 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 transaction was reported for ACRES Commercial Realty Corp. (ACR)?
The filing reports that certain investment accounts managed by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC sold 5,000 shares of ACRES’ 7.875% Series D Preferred Stock on 12/31/2025 under transaction code "S" for sale.
What other ACRES Commercial Realty Corp. securities do the reporting persons indicate they own?
The filing reports indirect beneficial ownership of 1,177,060 shares of ACRES common stock and 381,511 shares of 8.625% Series C Preferred Stock, in addition to the 7.875% Series D Preferred Stock holdings.
How do Eagle Point entities describe their interest in ACRES securities?
The securities are held by certain private funds and accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC as general partner to certain accounts. The reporting persons state they could be deemed to have an indirect pecuniary interest and expressly disclaim beneficial ownership of the securities beyond that.
Is the reported ACRES transaction part of a weighted average price range?
Yes. The filing notes that the $22.41 price is a weighted average, with multiple trades executed between $22.38 and $22.42 per share, and offers to provide detailed trade breakdowns upon request.