RESSLER RICHARD S 4

What Happened

• Richard S. Ressler, a director of Creative Media & Community Trust Corp (CMCT), reported multiple non‑market transactions on 2026-03-16 that resulted in a net receipt of 8,813,771 common shares. The filing shows acquisitions of 8,146,382 and 1,002,524 shares and dispositions of 298,472 and 36,663 shares. Transaction codes are reported as “J” (other acquisition or disposition); no per‑share prices were provided in the summary (listed as N/A).

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18.
• Reported trades: +8,146,382 shares (acquired), +1,002,524 shares (acquired), -298,472 shares (disposed), -36,663 shares (disposed); net +8,813,771 shares.
• Prices/values: Not listed in the filing summary (N/A); footnote indicates issuance price was based on VWAP over the 20 trading days before the applicable redemption date.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 — shares issued for redemption of Series A and Series A1 preferred stock; issuance price based on 20‑day VWAP per issuer charter. F2 — those preferred shares were called for redemption by the issuer.
• Timeliness: Filing appears timely (reporting period 2026-03-16, filed 2026-03-18); no late‑filing indicator shown.

Context

• These were not open‑market buys or sales but shares issued/received in connection with the company calling (redeeming) Series A and A1 preferred stock. That means the insider received common stock per the redemption terms rather than purchasing shares on the market.
• Such conversion/issuance events are routine corporate actions and do not by themselves indicate the insider’s market view.