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Creative Media & Community Trust (CMCT) director’s 86-share award canceled for cash

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Creative Media & Community Trust Corp director Marcie L. Edwards disposed of 86 shares of common stock back to the company on June 22, 2026. The transaction is classified as a disposition to the issuer at no stated share price and relates to restricted share awards granted in 2025.

According to the board decision, those restricted share awards were terminated and cancelled in exchange for cash consideration, making this a compensation-related adjustment rather than an open-market trade. Following the cancellation, Edwards directly holds 2 shares of Creative Media & Community Trust Corp common stock.

Positive

  • None.

Negative

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Insider Edwards Marcie L
Role null
Type Security Shares Price Value
Disposition Common Stock 86 $0.00 --
Holdings After Transaction: Common Stock — 2 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares disposed 86 shares Disposition to issuer on June 22, 2026
Shares held after transaction 2 shares Direct ownership by Marcie L. Edwards post-transaction
Dispose transactions 1 transaction Non-derivative disposition reported in transaction summary
Disposition to issuer financial
"The transaction is classified as a disposition to the issuer at no stated share price"
restricted share awards financial
"Restricted share awards granted during 2025 and reported on the Form 4 filed by the reporting person"
Restricted share awards are grants of company stock given to employees or executives that cannot be sold or transferred until certain conditions—typically staying with the company for a set time or meeting performance goals—are met. They matter to investors because they can dilute existing shares when they vest, signal management’s incentives and confidence, and affect a company’s future earnings per share much like a delayed paycheck that becomes available only after you meet agreed milestones.
cash consideration financial
"were subsequently terminated and cancelled by the issuer's board of directors for cash consideration on June 22, 2026"
Cash consideration is the actual money paid to buy a company, asset, or stake rather than payment in shares or other forms. For investors it matters because cash payments deliver immediate, certain value and affect the buyer’s and seller’s cash reserves and balance sheets—like selling a car for cash versus taking a trade-in, one side gets instant spending power while the other changes its liquidity and risk profile.
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Learn about SEC filing dates
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*
Edwards Marcie L

(Last)(First)(Middle)
4700 WILSHIRE BLVD

(Street)
LOS ANGELES CALIFORNIA 90010

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/22/2026D(1)86(1)D(1)2D
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
Explanation of Responses:
1. Restricted share awards granted during 2025 and reported on the Form 4 filed by the reporting person on September 11, 2025 were subsequently terminated and cancelled by the issuer's board of directors for cash consideration on June 22, 2026.
Remarks:
/s/ David Thompson, Attorney-in-fact06/23/2026
** 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 transaction did CMCT director Marcie L. Edwards report on this Form 4?

Marcie L. Edwards reported disposing of 86 shares of CMCT common stock back to the issuer. The shares were restricted awards cancelled by the board in exchange for cash consideration on June 22, 2026, rather than an open-market sale.

Was the CMCT insider transaction an open-market sale of shares?

No, the CMCT insider transaction was not an open-market sale. It was a disposition to the issuer, where previously granted restricted share awards were terminated and cancelled by the board in return for cash, reflecting a compensation adjustment rather than trading activity.

How many CMCT shares did Marcie L. Edwards dispose of and how many remain?

Marcie L. Edwards disposed of 86 shares of CMCT common stock through cancellation of restricted awards. After this issuer disposition, she directly holds 2 shares of CMCT common stock, as reported in the post-transaction ownership line of the filing.

What does the footnote in Marcie L. Edwards’ CMCT Form 4 explain?

The footnote explains that restricted share awards granted in 2025 and previously reported on a September 11, 2025 Form 4 were later terminated and cancelled by CMCT’s board on June 22, 2026, in exchange for cash consideration, clarifying the nature of the disposition.

Does this CMCT Form 4 filing indicate any remaining derivative or option positions for the director?

The filing does not show any remaining derivative or option positions for the director. The derivative section is empty, and the reported non-derivative transaction leaves Marcie L. Edwards with direct ownership of 2 CMCT common shares after the restricted awards cancellation.