STOCK TITAN

Eagle Point funds trim ACRES (NYSE: ACR) preferred holdings in Form 4 filing

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

ACRES Commercial Realty Corp. reported indirect sales of preferred stock by entities associated with Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. On 2026-06-15, Applicable Accounts managed by Eagle Point sold 3,711 shares of 8.625% Series C Preferred Stock at a weighted average price of $25.47 per share and 2,270 shares of 7.875% Series D Preferred Stock at a weighted average price of $22.57 per share.

The filing shows these entities had 339,325 Series C and 733,306 Series D preferred shares indirectly owned after the transactions, along with 1,177,060 common shares indirectly owned. The reporting persons state the securities are held by private investment funds and accounts they manage and expressly disclaim beneficial ownership under the securities laws.

Positive

  • None.

Negative

  • None.
Insider Eagle Point Credit Management LLC, Eagle Point DIF GP I LLC
Role null | null
Sold 5,981 shs ($146K)
Type Security Shares Price Value
Sale 7.875% Series D Preferred Stock 2,270 $22.57 $51K
Sale 8.625% Series C Preferred Stock 3,711 $25.47 $95K
holding Common Stock, $0.001 par value -- -- --
Holdings After Transaction: 7.875% Series D Preferred Stock — 733,306 shares (Indirect, See footnotes); 8.625% Series C Preferred Stock — 339,325 shares (Indirect, See footnotes); Common Stock, $0.001 par value — 1,177,060 shares (Indirect, See footnotes)
Footnotes (1)
  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 $25.47 to $25.49 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.
Series C preferred shares sold 3,711 shares 8.625% Series C Preferred Stock sold on June 15, 2026
Series C weighted average price $25.47 per share Open-market transactions for Series C preferred
Series D preferred shares sold 2,270 shares 7.875% Series D Preferred Stock sold on June 15, 2026
Series D weighted average price $22.57 per share Open-market transactions for Series D preferred
Series C preferred held after 339,325 shares Indirectly owned following the transactions
Series D preferred held after 733,306 shares Indirectly owned following the transactions
Common shares held after 1,177,060 shares Indirectly owned common stock position
Net shares sold 5,981 shares Net selling across reported transactions
indirect pecuniary interest financial
"EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" in securities reported herein."
beneficial ownership financial
"Each of the Reporting Persons 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.
Rule 16a-1(a)(2)(ii) regulatory
"within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934"
Rule 16a-1(a)(4) regulatory
"pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934"
weighted average price per share financial
"The price reported reflects the weighted average price per share."
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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 CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACRES Commercial Realty Corp. [ ACR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
7.875% Series D Preferred Stock06/15/2026S2,270D$22.57733,306ISee footnotes(1)(2)(3)
Common Stock, $0.001 par value1,177,060ISee footnotes(1)(2)(3)
8.625% Series C Preferred Stock06/15/2026S3,711D$25.47339,325ISee footnotes(1)(2)(3)(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% 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 CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% 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.
4. The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $25.47 to $25.49 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.
/s/ Courtney Fandrick, Chief Compliance Officer of Eagle Point Credit Management LLC06/17/2026
/s/ Courtney Fandrick, Authorized Person of Eagle Point DIF GP I LLC06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did ACRES Commercial Realty (ACR) report in this Form 4?

The Form 4 reports indirect sales of ACRES Commercial Realty preferred shares by investment accounts managed by Eagle Point Credit Management. They sold 3,711 Series C and 2,270 Series D preferred shares on June 15, 2026, while retaining sizable remaining preferred and common positions.

Who executed the ACRES Commercial Realty (ACR) preferred stock sales in this filing?

The sales were executed by private investment funds and accounts referred to as Applicable Accounts, which are managed by Eagle Point Credit Management LLC. Eagle Point DIF GP I LLC serves as general partner to certain of these accounts, and both reporting persons disclaim beneficial ownership of the securities.

How many ACRES Commercial Realty (ACR) preferred shares were sold and at what prices?

The Applicable Accounts sold 3,711 shares of 8.625% Series C Preferred Stock at a weighted average of $25.47 per share, and 2,270 shares of 7.875% Series D Preferred Stock at a weighted average of $22.57 per share, across multiple open-market transactions on June 15, 2026.

What are the remaining ACRES Commercial Realty (ACR) preferred holdings after these transactions?

After the reported sales, the Applicable Accounts indirectly held 339,325 shares of 8.625% Series C Preferred Stock and 733,306 shares of 7.875% Series D Preferred Stock. The filing also shows 1,177,060 shares of common stock indirectly owned by these accounts following the transactions.

How do Eagle Point entities describe their ownership interest in ACRES Commercial Realty (ACR) shares?

Eagle Point Credit Management and Eagle Point DIF GP state that the securities are directly held by Applicable Accounts they manage. They note they could be deemed to have an indirect pecuniary interest but formally disclaim beneficial ownership under Rule 16a-1(a)(4) of the Securities Exchange Act.