CMCT director reports restructuring of preferred into common

Creative Media & Community Trust Corp director Richard S. Ressler reported several restructuring transactions involving entities he is associated with.

Rhea-AI Filing Summary

Creative Media & Community Trust Corp director Richard S. Ressler reported several restructuring transactions involving entities he is associated with. CIM CMCT MLP, LLC now indirectly holds 8,183,796 shares of Common Stock and 270,209 shares of Series A Preferred Stock, while CIM Capital Real Property Management, LLC indirectly holds 1,011,004 shares of Common Stock and no remaining Series A1 Preferred Stock.

The footnotes state that Common Stock was issued for the redemption of Series A and Series A1 Preferred Stock that were called for redemption by the issuer, with the issuance price based on the volume-weighted average price of the Common Stock over 20 trading days before the redemption date. These are coded as "J" transactions, indicating other acquisitions or dispositions rather than open-market buying or selling.

Insider Trade Summary

Other: 9,484,041 shares

Other 7 txns

Insider RESSLER RICHARD S

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	8,146,382	$0.00	$0.00
Other	Common Stock	1,002,524	$0.00	$0.00
Other	Series A Preferred Stock	298,472	$0.00	$0.00
Other	Series A1 Preferred Stock	36,663	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,183,796 shares (Indirect, By CIM CMCT MLP, LLC); Common Stock — 1,011,004 shares (Indirect, By CIM Capital Real Property Management, LLC); Series A Preferred Stock — 270,209 shares (Indirect, By CIM CMCT MLP, LLC); Series A1 Preferred Stock — 0 shares (Indirect, By CIM Capital Real Property Management, LLC); Common Stock — 1,930 shares (Indirect, By CIM Urban Sponsor, LLC); Common Stock — 1,584 shares (Indirect, By CIM Real Assets & Credit Fund); Common Stock — 500 shares (Direct)

Footnotes (2)

1. F1. Shares of Common Stock were issued for the redemption of Series A Preferred Stock and Series A1 Preferred Stock which were called for redemption by the issuer. The issuance price as based on the VWAP of the Common Stock for the 20 Trading Days immediately preceding the applicable redemption date (with each such term as defined in the issuer's charter).
2. F2. These shares were called for redemption by the issuer.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did CMCT director Richard S. Ressler report on this Form 4?

Richard S. Ressler reported restructuring transactions coded as "J", involving indirect holdings through affiliated entities. These covered Common Stock and Preferred Stock of Creative Media & Community Trust Corp (CMCT), rather than open-market purchases or sales.

How many CMCT common shares are now held by CIM CMCT MLP, LLC after the restructuring?

CIM CMCT MLP, LLC now indirectly holds 8,183,796 shares of CMCT Common Stock following the reported restructuring transactions. This figure reflects the position after Common Stock was issued in exchange for redeemed Preferred Stock called by the issuer.

What happened to the Series A and Series A1 Preferred Stock in the CMCT Form 4 filing?

The filing explains that Series A and Series A1 Preferred Stock were called for redemption by CMCT. Common Stock was issued for this redemption, and the issuance price was based on the 20-day volume-weighted average price of the Common Stock before the applicable redemption date.

Are the CMCT insider transactions open-market buys or sells of common stock?

No, the CMCT transactions are not open-market buys or sells. They are coded "J" as other acquisitions or dispositions tied to Preferred Stock redemptions and related issuances of Common Stock, reflecting internal restructuring rather than market trading activity.

Which entities associated with Richard S. Ressler hold CMCT shares after these transactions?

After these transactions, CMCT shares are held indirectly through CIM CMCT MLP, LLC, CIM Capital Real Property Management, LLC, CIM Urban Sponsor, LLC, and CIM Real Assets & Credit Fund, plus a small direct holding. Each entity’s post-transaction share count is detailed in the Form 4.

How was the issuance price for CMCT common stock determined in these redemption-related transactions?

The issuance price for CMCT Common Stock in exchange for redeemed Preferred Stock was based on the volume-weighted average price of the Common Stock for the 20 trading days immediately preceding each applicable redemption date, as described in the company’s charter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/18/2026 - 06:15 PM Learn about SEC filing dates

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
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^*

RESSLER RICHARD S

(Last) (First) (Middle)

2398 E. CAMELBACK ROAD, 4TH FLOOR

(Street)

PHOENIX ARIZONA 85016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Creative Media & Community Trust Corp [ CMCT ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

X	Form filed by One Reporting Person
	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026	03/16/2026	J		8,146,382	A	(1)	8,183,796	I	By CIM CMCT MLP, LLC
Common Stock	03/16/2026	03/16/2026	J		1,002,524	A	(1)	1,011,004	I	By CIM Capital Real Property Management, LLC
Series A Preferred Stock	03/16/2026	03/16/2026	J		298,472	D	(2)	270,209	I	By CIM CMCT MLP, LLC
Series A1 Preferred Stock	03/16/2026	03/16/2026	J		36,663	D	(2)	0	I	By CIM Capital Real Property Management, LLC
Common Stock								1,930	I	By CIM Urban Sponsor, LLC
Common Stock								1,584	I	By CIM Real Assets & Credit Fund
Common Stock								500	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. Shares of Common Stock were issued for the redemption of Series A Preferred Stock and Series A1 Preferred Stock which were called for redemption by the issuer. The issuance price as based on the VWAP of the Common Stock for the 20 Trading Days immediately preceding the applicable redemption date (with each such term as defined in the issuer's charter).

2. These shares were called for redemption by the issuer.

Remarks:

	/s/ Richard S. Ressler	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)