Eagle Point Credit Management LLC 4

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.