Eagle Point Credit Management LLC 4

What Happened
The Form 4 shows accounts managed by Eagle Point Credit Management LLC (EPCM), with Eagle Point DIF GP I LLC (DIF GP) serving as a related general partner, sold ACRES shares in two transactions. The sales were: 692 shares on 2026-01-21 at $22.07 (≈ $15,272) and 1,100 shares on 2026-01-23 at $22.02 (≈ $24,222), for total proceeds of about $39,494. The filing reflects these disposals as open-market or private sales (code S). These are sales (not purchases) and typically reflect fund-level trading rather than an executive buy signal.

Key Details

• Transaction dates & prices: 692 shares @ $22.07 on 2026-01-21; 1,100 shares @ $22.02 on 2026-01-23. Price range reported $22.02–$22.07 (weighted average) (F4).
• Total shares sold: 1,792; total proceeds: ≈ $39,494.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Reporting persons: Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC — both identified as 10% owners (F1–F3).
• Footnotes: securities are held by private funds/accounts managed by EPCM; DIF GP is general partner to certain accounts; EPCM/DIF GP disclaim direct beneficial ownership and note an indirect pecuniary interest (F1–F3). The filer will supply per‑price breakdown on request (F4).
• Timeliness: Filed 2026-01-23 for transactions on 2026-01-21 and 2026-01-23; filing appears to be within the standard two‑business‑day Form 4 window (timely).

Context
These filings involve institutional 10% owners and fund-managed accounts, not an individual executive. Such sales often reflect portfolio rebalancing or fund liquidity needs rather than a management view of the company’s prospects. Form 4 disclosure is factual—no inference about motive should be assumed from the sale alone.