4Filed Jul 15, 8:00 PM ET
ACRES (ACR) 10% Owner Eagle Point Sells 1,511 Shares ($33K)
$ACR · ACRES Commercial Realty Corp.Research Summary
AI-generated summary of this SEC filing
ACRES (ACR) 10% Owner Eagle Point Sells 1,511 Shares ($33K)
What Happened
- Eagle Point Credit Management LLC (a 10% owner of ACRES Commercial Realty Corp., ticker ACR) sold a total of 1,511 ACRES shares in multiple open-market/private sale transactions between July 14–16, 2026. The sales consisted of 1,113 shares at a weighted average $21.87 ($24,341), 9 shares at $21.85 ($197), and 389 shares at $21.82 ($8,488), totaling approximately $33,026. These were outright sales (S) — generally considered routine disposition rather than a bullish purchase signal.
Key Details
- Transaction dates and amounts:
- 2026-07-14: 1,113 shares sold at weighted avg $21.87 — $24,341 (F4: sales in range $21.86–$21.93)
- 2026-07-15: 9 shares sold at $21.85 — $197 (F5: sales in range $21.80–$21.85)
- 2026-07-16: 389 shares sold at $21.82 — $8,488
- Total sold: 1,511 shares for ~$33,026.
- Shares owned after transaction: not specified in the supplied filing details.
- Notable footnotes:
- F1–F3: The shares are held by private funds/accounts managed by Eagle Point; Eagle Point DIF GP I LLC is a general partner, and the reporting persons disclaim direct beneficial ownership — this reflects institutional/managerial reporting structure rather than an individual executive trade.
- F4–F5: Reported prices are weighted averages; sales occurred across multiple prices within the listed ranges.
- Filing timeliness: Form 4 was filed on 2026-07-16 covering transactions through 2026-07-16; no indication in the filing that it was late.
Context
- This is an institutional sale by a 10% owner/manager of funds, not an individual officer or director. Such sales can be routine (liquidity or portfolio management) and do not necessarily signal management’s view of company prospects.