Ares Commercial Real Estate (NYSE: ACRE) CFO receives 44,000 RSU grant

Rhea-AI Filing Summary

Ares Commercial Real Estate Corp reported an insider equity grant to one of its officers who serves as CFO and Treasurer. On 12/11/2025, the officer acquired 44,000 shares of common stock at a price of $0 through a restricted stock unit grant under the company’s Amended and Restated 2012 Equity Incentive Plan.

Each restricted stock unit represents one share of common stock and vests in three equal annual installments beginning on January 1, 2027, subject to continued service. Following this grant, the officer beneficially owns 94,751 shares, including 80,666 restricted stock units that vest over time in accordance with their respective award agreements.

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^*

Gonzales Jeffrey Michael

(Last) (First) (Middle)

C/O ARES COMMERCIAL REAL ESTATE CORP.

245 PARK AVENUE, 42ND FLOOR

(Street)

NEW YORK NY 10167

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ares Commercial Real Estate Corp [ ACRE ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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

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

X	Form filed by One Reporting Person
	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
Common Stock	12/11/2025		A		44,000(1)	A	$0	94,751(2)	D

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

Explanation of Responses:

1. Granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

2. Reported amount includes 80,666 restricted stock units granted under the he Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments in accordance with the applicable restricted stock unit award agreement.

Remarks:

	/s/ Anton Feingold, by power of attorney	12/12/2025
	** 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 insider transaction did Ares Commercial Real Estate Corp (ACRE) report?

The company reported that an officer serving as CFO and Treasurer acquired 44,000 shares of common stock on 12/11/2025 via a restricted stock unit grant at a price of $0 per share.

How were the 44,000 ACRE shares granted to the officer structured?

The 44,000 shares were granted as restricted stock units under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan, with each unit representing one share of common stock.

When do the newly granted ACRE restricted stock units vest?

The 44,000 restricted stock units vest in three equal annual installments beginning on January 1, 2027, conditioned on the officer’s continued service to the company through each vesting date.

What is the officer’s total beneficial ownership in Ares Commercial Real Estate Corp after the transaction?

After the reported grant, the officer beneficially owns 94,751 shares of Ares Commercial Real Estate Corp common stock, including 80,666 restricted stock units that vest over time under existing award agreements.

What equity plan was used for the ACRE officer’s restricted stock unit grant?

The grant was made under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan, which governs the terms of the officer’s restricted stock units.

Is the reporting person on the ACRE Form 4 a director or officer?

The Form 4 indicates that the reporting person is an officer of Ares Commercial Real Estate Corp, serving as CFO and Treasurer, and is not marked as a director or 10% owner.