Funds tied to ACRES Commercial Realty Corp. (NYSE: ACR) sell Series D preferred
Rhea-AI Filing Summary
Private investment funds and accounts managed by Eagle Point Credit Management LLC, which hold securities of ACRES Commercial Realty Corp., sold 98 shares of 7.875% Series D Preferred Stock at $21.80 per share on 2026-08-04, leaving 715,589 Series D shares indirectly held.
These Eagle Point–managed accounts also indirectly hold 1,177,060 common shares and 339,325 8.625% Series C Preferred shares. The reporting persons may be deemed to have an indirect pecuniary interest but expressly disclaim beneficial ownership, and the sale was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 98 shares
Net Sell
3 txns
Insider
Eagle Point Credit Management LLC, Eagle Point DIF GP I LLC
Role
10% Owner | 10% Owner
Sold
98 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 7.875% Series D Preferred Stock F1, F2, F3 | 98 | $21.80 | $2K |
| holding | Common Stock, $0.001 par value F1, F2, F3 | -- | -- | -- |
| holding | 8.625% Series C Preferred Stock F1, F2, F3 | -- | -- | -- |
Holdings After Transaction:
7.875% Series D Preferred Stock — 715,589 shares (Indirect, See footnotes);
Common Stock, $0.001 par value — 1,177,060 shares (Indirect, See footnotes);
8.625% Series C Preferred Stock — 339,325 shares (Indirect, See footnotes)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Series D Preferred shares sold: 98 shares
Sale price per Series D share: $21.80
Series D Preferred holdings: 715,589 shares
+4 more
7 metrics
Series D Preferred shares sold
98 shares
7.875% Series D Preferred Stock sold on 2026-08-04
Sale price per Series D share
$21.80
Per-share sale price of 7.875% Series D Preferred Stock on 2026-08-04
Series D Preferred holdings
715,589 shares
Indirectly held 7.875% Series D Preferred Stock after the reported sale
Common stock holdings
1,177,060 shares
Indirectly held ACRES common stock after the reported transactions
Series C Preferred holdings
339,325 shares
Indirectly held 8.625% Series C Preferred Stock after the reported transactions
Series D coupon rate
7.875%
Dividend rate on ACRES Series D Preferred Stock
Series C coupon rate
8.625%
Dividend rate on ACRES Series C Preferred Stock
Key Terms
indirect pecuniary interest, Rule 16a-1(a)(2)(ii), beneficial ownership, Section 16
4 terms
indirect pecuniary interest regulatory
"EPCM and DIF GP could be deemed to have an "indirect pecuniary interest""
Rule 16a-1(a)(2)(ii) regulatory
"within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act"
beneficial ownership regulatory
"hereby disclaims beneficial ownership of the securities described in this report"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ACRES Commercial Realty Corp. (ACR) report in this Form 4?
Accounts managed by Eagle Point Credit Management LLC sold 98 shares of ACRES 7.875% Series D Preferred Stock at $21.80 per share on 2026-08-04, leaving 715,589 Series D shares indirectly held and reported by the same Eagle Point entities.
What are the post-transaction preferred stock holdings reported for ACRES (ACR)?
Following the sale, Eagle Point–managed accounts indirectly hold 715,589 shares of 7.875% Series D Preferred and 339,325 shares of 8.625% Series C Preferred. Both preferred series are reported as indirectly owned with beneficial ownership expressly disclaimed by the reporting persons under SEC rules.
Was the ACRES (ACR) preferred stock sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is unchecked, meaning the 98-share Series D Preferred sale at $21.80 per share was not executed under a pre-arranged trading plan.