Creative Media & Community Trust Form 4: Director receives 8,661 shares

Rhea-AI Filing Summary

Creative Media & Community Trust Corp. director Elaine Y. Wong reported an acquisition of 8,661 shares of the issuer's common stock on 08/04/2025. The filing shows 8,851 shares beneficially owned following the transaction; the reported price is $0, suggesting the shares were received without cash payment (e.g., grant or similar). The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Director acquisition disclosed: Elaine Y. Wong reported acquisition of 8,661 shares, increasing transparency
• Ownership increased: Beneficial ownership rose to 8,851 shares after the transaction

Negative

• Non-cash price reported: Transaction price listed as $0, requiring external disclosure to determine nature of award or grant

Insights

Financial Analyst

TL;DR: Insider acquisition of 8,661 shares raises director ownership modestly; transaction appears non-cash.

The reported acquisition increases the director's stake to 8,851 shares, which is a clear signal of insider receipt of equity. The $0 price reported indicates the transaction was not a market purchase but likely a grant, award, or stock-based compensation. For investors this is a routine insider equity award rather than an open-market buy backed by personal cash.

Corporate Governance Expert

TL;DR: Governance perspective: a director received equity, consistent with typical compensation practices; no governance red flags in the filing.

The Form 4 discloses the director relationship and a single non-derivative acquisition of 8,661 common shares, leaving 8,851 shares owned thereafter. The filing is executed by an attorney-in-fact and contains no amendments or disclaimers. Because the filing shows an acquisition at $0, review of company compensation disclosures would clarify the award's terms, but the Form 4 itself shows no conflicting or material governance concerns.

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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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^*

Wong Elaine Y

(Last) (First) (Middle)

2398 E. CAMELBACK ROAD

4TH FLOOR

(Street)

PHOENIX AZ 85016

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		A		8,661	A	$0	8,851	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:

Remarks:

	/s/ David Thompson, Attorney-in-fact	09/11/2025
	** 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 transaction did CMCT director Elaine Y. Wong report on Form 4?

She reported an acquisition of 8,661 shares of Creative Media & Community Trust Corp common stock on 08/04/2025.

How many CMCT shares does Elaine Y. Wong beneficially own after the reported transaction?

The Form 4 reports 8,851 shares beneficially owned following the transaction.

What price was reported for the CMCT shares acquired by the director?

The reported price for the acquisition is listed as $0 on the Form 4.

Who signed the Form 4 for Elaine Y. Wong?

The Form 4 is signed by /s/ David Thompson, Attorney-in-fact with a signature date of 09/11/2025.

Does the Form 4 indicate whether the acquisition was part of a Rule 10b5-1 plan?

The Form 4 does not indicate the transaction was made pursuant to a Rule 10b5-1 plan.