[Form 4] ACRES Commercial Realty Corp. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filings from Eagle Point entities show disposition of ACRES Commercial Realty Corp. securities. The reporting persons are Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, each identified as a director and a 10% owner. The filings record three sales of 7.875% Series D preferred stock on 08/25/2025, 08/26/2025, and 08/27/2025 for 744, 850, and 1,349 shares respectively at prices around $22.30 each, reducing the reported Series D balance from 798,265 to 796,066. The report also shows beneficial ownership of 1,177,060 common shares and 393,646 shares of 8.625% Series C preferred, held indirectly through managed accounts, with explanatory footnotes about indirect pecuniary interest and disclaimer of beneficial ownership.

Positive

• None.

Negative

• Disposals reported: The filings record sales totaling 2,943 shares of 7.875% Series D preferred stock on 08/25-08/27/2025 at roughly $22.30 per share, reducing the reported Series D holding to 796,066 shares.
• Indirect holdings: Beneficial ownership is indirect through managed accounts, which may limit clarity about ultimate beneficial owners despite disclosure footnotes.

Insights

Financial Analyst

TL;DR Insider entities sold a small number of Series D preferred shares across three days; overall disclosed holdings remain substantial and indirect.

The reported sales total 2,943 shares of 7.875% Series D preferred stock executed on 08/25-08/27/2025 at prices near $22.30, reducing the reported Series D position from 798,265 to 796,066. The filings state that the securities are directly held by private funds and accounts managed by Eagle Point Credit Management LLC and that Eagle Point DIF GP I LLC serves as a general partner to certain accounts. The report includes a formal disclaimer that the reporting persons disclaim beneficial ownership under Rule 16a-1(a)(4). From an investor-monitoring perspective, these are explicit dispositions by an investment manager and do not, on their face, indicate a change in control or a transfer of underlying fund ownership.

Corporate Governance Expert

TL;DR Form 4 properly discloses related-party sales and includes required footnote disclaimers about indirect interests.

The submission identifies both reporting entities, their Greenwich, CT address, and their relationship to the issuer as director and 10% owner. It documents routine sales activity in a preferred series and provides explanatory footnotes stating the holdings are held by managed accounts and that the entities could be deemed to have an indirect pecuniary interest. The signatures by an authorized compliance officer are present and dated 08/27/2025, satisfying signature requirements in the filing. No additional governance actions or changes in officer/director status are reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Eagle Point Credit Management LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ACRES Commercial Realty Corp. [ ACR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
7.875% Series D Preferred Stock	08/25/2025		S		744	D	$22.3	798,265	I	See footnotes(1)(2)(3)
7.875% Series D Preferred Stock	08/26/2025		S		850	D	$22.35	797,415	I	See footnotes(1)(2)(3)
7.875% Series D Preferred Stock	08/27/2025		S		1,349	D	$22.35	796,066	I	See footnotes(1)(2)(3)
Common Stock, $0.001 par value								1,177,060	I	See footnotes(1)(2)(3)
8.625% Series C Preferred Stock								393,646	I	See footnotes(1)(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Eagle Point Credit Management LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Eagle Point DIF GP I LLC

(Last) (First) (Middle)

600 STEAMBOAT ROAD, SUITE 202

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

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.

2. 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.

3. 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.

	/s/ Courtney Fandrick, Chief Compliance Officer of Eagle Point Credit Management LLC	08/27/2025
	/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Eagle Point report on the Form 4 for ACRES (ACR)?

The filings report sales of 7.875% Series D preferred stock on 08/25/2025 (744 shares), 08/26/2025 (850 shares), and 08/27/2025 (1,349 shares) at prices near $22.30.

How many ACRES common shares and other preferred shares are reported as beneficially owned?

The report discloses indirect beneficial ownership of 1,177,060 common shares and 393,646 shares of 8.625% Series C preferred stock.

Who are the reporting persons on this Form 4 for ACR?

The reporting persons are Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, each listed at 600 Steamboat Road, Suite 202, Greenwich, CT, and identified as a director and a 10% owner.

Do the filings state whether the holdings are direct or indirect?

Yes, the filings state the securities are directly held by private investment funds and/or accounts managed by EPCM and that EPCM and DIF GP could be deemed to have an indirect pecuniary interest; the filers disclaim beneficial ownership under Rule 16a-1(a)(4).

Who signed the Form 4 and when?

The Form 4 entries are signed by and as an authorized person of Eagle Point DIF GP I LLC, each dated 08/27/2025.