Eagle Point Credit Management LLC 4
4 · ACRES Commercial Realty Corp. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
ACRES (ACR) 10% Owner Eagle Point Sells 404 Shares
What Happened
Eagle Point Credit Management LLC — reported as a 10% owner/manager of applicable funds — sold 404 shares of ACRES Commercial Realty Corp. (ACR) in an open-market/private sale on May 20, 2026. The shares were disposed at $22.50 per share for a total transaction value of $9,090. This was a sale (not a purchase), which is often routine for institutional managers and does not by itself indicate company outlook.
Key Details
- Transaction date and price: 2026-05-20, sale at $22.50 per share.
- Shares sold/amount: 404 shares; total proceeds $9,090.
- Shares owned after transaction: Not specified in the filing.
- Filing date/timeliness: Report filed 2026-05-22 (two days after the transaction), consistent with typical Section 16 filing timelines.
- Notable footnotes:
- F1: Securities are directly held by private investment funds/accounts managed by Eagle Point Credit Management (EPCM); Eagle Point DIF GP I LLC serves as general partner for certain accounts.
- F2: EPCM and DIF GP could be deemed to have an indirect pecuniary interest in the reported securities.
- F3: The reporting persons disclaim beneficial ownership of the securities for purposes of Section 16.
Context
This report involves an institutional/managerial holder (EPCM) rather than a company executive or director. Such sales commonly reflect fund-level trading or portfolio management rather than insider views on the company's prospects. The footnotes indicate the shares are held in managed accounts/funds and that EPCM disclaims direct beneficial ownership for Section 16 purposes.
Insider Transaction Report
- Sale
7.875% Series D Preferred Stock
[F1][F2][F3]2026-05-20$22.50/sh−404$9,090→ 737,524 total(indirect: See footnotes)
- 1,177,060(indirect: See footnotes)
Common Stock, $0.001 par value
[F1][F2][F3] - 349,907(indirect: See footnotes)
8.625% Series C Preferred Stock
[F1][F2][F3]
Footnotes (3)
- [F1]The securities are directly held by certain private investment funds and/or certain accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point DIF GP I LLC ("DIF GP") serves as general partner to certain Applicable Accounts.
- [F2]EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein.
- [F3]Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.