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.
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.
At what price were the ACRES 7.875% Series D Preferred shares sold?
The reported transaction price is a weighted average of $22.41 per share, with individual trades executed at prices ranging from $22.38 to $22.42 per share.
How many ACRES 7.875% Series D Preferred shares are reported owned after the sale?
After the reported sale, the filing shows indirect beneficial ownership of 755,391 shares of ACRES’ 7.875% Series D Preferred Stock by the reporting persons through the applicable managed accounts.
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
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.