Eagle Point Credit Management LLC 4
4 · ACRES Commercial Realty Corp. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
ACRES (ACR) 10% Owner Eagle Point Sells Shares
What Happened
Eagle Point Credit Management LLC, reported as a 10% owner of ACRES Commercial Realty Corp. (ACR), sold a total of 6,228 ACR shares in open-market transactions on June 1 and June 3, 2026. The disposals break down as: 5 shares at $22.55 ($113), 422 shares at $22.55 ($9,516), and 5,801 shares at a reported weighted-average $25.41 ($147,403). Total proceeds were approximately $157,032. These were sales (not purchases), which are often routine portfolio-management activity for institutional holders.
Key Details
- Transaction dates and prices:
- 2026-06-01: 5 shares sold @ $22.55 = $113
- 2026-06-03: 422 shares sold @ $22.55 = $9,516
- 2026-06-01: 5,801 shares sold @ $25.41 (weighted avg) = $147,403
- Total sold: 6,228 shares for ≈ $157,032.
- Footnotes of note:
- F1/F2: Securities are held in private funds/accounts managed by EPCM; Eagle Point DIF GP I LLC serves as general partner for certain accounts; EPCM/DIF GP may have an indirect pecuniary interest.
- F3: The reporting persons disclaim beneficial ownership under Rule 16a-1(a)(4).
- F4: The $25.41 price is a weighted average; those 5,801 shares were sold in multiple transactions at prices reported in the range $25.44–$25.52 per share (a full breakdown can be provided to the SEC on request).
- Shares owned after the transaction: not specified in the provided filing summary.
- Filing date: Form 4 filed 2026-06-03. This appears to be within the typical two-business-day reporting window following the earliest reported trade (2026-06-01).
Context: This filing reflects institutional-level selling by a reported 10% holder (through managed funds/accounts), not an individual officer or director. Such institutional disposals commonly reflect portfolio rebalancing or fund flows and should not be interpreted on their own as a statement about company fundamentals.
Insider Transaction Report
- Sale
7.875% Series D Preferred Stock
[F1][F2][F3]2026-06-01$22.55/sh−5$113→ 737,519 total(indirect: See footnotes) - Sale
7.875% Series D Preferred Stock
[F1][F2][F3]2026-06-03$22.55/sh−422$9,516→ 737,097 total(indirect: See footnotes) - Sale
8.625% Series C Preferred Stock
[F1][F2][F3][F4]2026-06-01$25.41/sh−5,801$147,403→ 344,106 total(indirect: See footnotes)
- 1,177,060(indirect: See footnotes)
Common Stock, $0.001 par value
[F1][F2][F3]
Footnotes (4)
- [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.
- [F4]The price reported reflects the weighted average price per share. These securities were sold in multiple transactions at prices ranging from $25.44 to $25.52 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.