Eagle Point Credit Management LLC 4
Research Summary
AI-generated summary
ACRES (ACR) 10% Owner Eagle Point Sells Shares
What Happened
Eagle Point Credit Management LLC (a 10% owner of ACRES Commercial Realty Corp., ticker ACR) disposed of 5,034 shares in open‑market/private sales between January 28 and January 30, 2026. Transactions reported: 201 shares @ $22.10 (1/28) = $4,442; 53 shares @ $22.10 (1/29) = $1,171; 1,912 shares @ $22.10 (1/30) = $42,255; and 2,868 shares @ $25.09 (weighted average; 1/30) = $71,958. Total proceeds ≈ $119,826. These were sales (S), not purchases.
Key Details
- Transaction dates and prices: 1/28/2026 201 @ $22.10; 1/29/2026 53 @ $22.10; 1/30/2026 1,912 @ $22.10; 1/30/2026 2,868 @ $25.09 (weighted avg; range $25.08–$25.10 per filing footnote).
- Total shares sold: 5,034; total reported proceeds ≈ $119,826.
- Shares owned after transaction: not specified in the filing.
- Footnotes: (F1–F3) securities are held by private funds/accounts managed by EPCM; EPCM and Eagle Point DIF GP I LLC may have an indirect pecuniary interest but disclaim beneficial ownership for Section 16 purposes. (F4) the $25.09 is a weighted average; the filing offers to provide per‑price breakdown on request.
- Filing date/timeliness: Form 4 filed 2026‑01‑30 for transactions through 2026‑01‑30 — appears timely (no late filing flag in the report).
Context
This filing reports an institutional 10% holder selling shares (likely portfolio-level activity). Sales by large holders can reflect rebalancing or liquidity needs and are not the same signal as insider purchases by executives. The report is purely a disposition—no options exercise, gift, or purchase was reported.