Mark Fogel reports 10.76% ACRES Commercial Realty (ACR) ownership
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. president Mark Fogel reports beneficial ownership of 1,447,218 shares of the company’s common stock, representing 10.76% of the outstanding class, based on 13,452,489 shares of common stock reported outstanding.
This position largely reflects completion of a merger on August 6, 2026, in which ACRES Capital Corp. was merged into a subsidiary of ACRES Commercial Realty. Each ACC common share was converted into 2.61882 ACRES Commercial Realty common shares, and Fogel received 1,440,552 shares through his ownership of the external manager involved in the transaction.
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Filing Explained
The filing reports that Mark Fogel has sole voting and dispositive power over
Key Figures
Beneficial ownership: 1,447,218 shares
Ownership percentage: 10.76 %
Shares outstanding: 13,452,489 shares
+3 more
6 metrics
Beneficial ownership
1,447,218 shares
Shares of ACRES Commercial Realty common stock beneficially owned by Mark Fogel
Ownership percentage
10.76 %
Percentage of ACRES Commercial Realty common stock class beneficially owned by Mark Fogel
Shares outstanding
13,452,489 shares
ACRES Commercial Realty common stock outstanding as referenced in the Form 8-K dated August 6, 2026
Shares received in merger
1,440,552 shares
ACRES Commercial Realty common shares received by Mark Fogel in connection with the merger
Merger exchange ratio
2.61882
Number of ACRES Commercial Realty shares issued for each ACC common share in the merger
Date of event
August 6, 2026
Effective Time of the merger and date requiring the Schedule 13D filing
Key Terms
Agreement and Plan of Merger, Effective Time, beneficially owned, dispositive power, +1 more
5 terms
Agreement and Plan of Merger regulatory
"entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Effective Time regulatory
"The Merger was completed pursuant to the terms ... on August 6, 2026 (the "Effective Time")."
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
beneficially owned financial
"Amount beneficially owned: 1,447,218 Percentage: 10.76%"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"Sole Dispositive Power 1,447,218.00 10 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
wholly-owned subsidiary financial
"Merger Sub surviving as a wholly-owned subsidiary of the Company"
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake did Mark Fogel report in ACRES Commercial Realty (ACR)?
Mark Fogel reported beneficial ownership of 1,447,218 ACRES Commercial Realty common shares, representing 10.76% of the company’s outstanding common stock, calculated using 13,452,489 shares reported outstanding as of August 6, 2026.
How did the August 6, 2026 merger impact ownership in ACRES Commercial Realty (ACR)?
The August 6, 2026 merger converted each ACC common share into 2.61882 ACRES Commercial Realty shares. Through this transaction, Mark Fogel received 1,440,552 ACRES Commercial Realty common shares tied to his ownership of the external manager.
What role does Mark Fogel hold at ACRES Commercial Realty (ACR)?
Mark Fogel is identified as President of ACRES Commercial Realty Corp. and, through his ownership of the company’s external manager, became the beneficial owner of 1,447,218 ACRES Commercial Realty common shares following the merger.