Eagle Point Credit Management LLC 4
4 · ACRES Commercial Realty Corp. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
ACRES (ACR) 10% Owner Eagle Point Credit Management Sells Shares
What Happened
Eagle Point Credit Management LLC (reported as a 10% owner) sold a total of 5,981 shares of ACRES Commercial Realty Corp. (ACR) in two dispositions on June 15, 2026. The sales were: 2,270 shares at $22.57 for $51,234, and 3,711 shares at an average price of $25.47 for $94,519, for combined proceeds of roughly $145,753. These transactions are reported as sales (Code S), i.e., disposals rather than purchases.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
- Sale details: 2,270 sh @ $22.57 = $51,234; 3,711 sh @ $25.47 (weighted avg; prices ranged $25.47–$25.49) = $94,519.
- Total shares sold: 5,981; total proceeds ≈ $145,753.
- Shares owned after transaction: Not specified in the reported filing.
- Footnotes:
- Securities are held by private investment funds/accounts managed by Eagle Point Credit Management LLC (EPCM) (F1).
- EPCM and Eagle Point DIF GP I LLC (general partner) could be deemed to have an indirect pecuniary interest (F2).
- Reporting persons disclaim beneficial ownership for Section 16 purposes (F3).
- The $25.47 price is a weighted average covering multiple trades priced $25.47–$25.49; full per-price breakdown available on request (F4).
- Transaction type: Open market or private sale (reported as S).
Context
This filing reflects institutional selling by a reported 10% holder (an investment manager and funds it manages), not insider executive trading. Such sales are routine for funds managing client/investor capital and do not, by themselves, indicate management sentiment. The filing was submitted within two days of the transactions, which is generally timely for Section 16 reporting.
Insider Transaction Report
- Sale
7.875% Series D Preferred Stock
[F1][F2][F3]2026-06-15$22.57/sh−2,270$51,234→ 733,306 total(indirect: See footnotes) - Sale
8.625% Series C Preferred Stock
[F1][F2][F3][F4]2026-06-15$25.47/sh−3,711$94,519→ 339,325 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 $25.47 to $25.49 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.