4Filed Jul 23, 8:00 PM ET

ACRES (ACR) 10% Owner Eagle Point Credit Management Sells Shares

$ACR · ACRES Commercial Realty Corp.

Research Summary

AI-generated summary of this SEC filing

Updated

ACRES (ACR) 10% Owner Eagle Point Credit Management Sells Shares

What Happened

  • Eagle Point Credit Management LLC (a 10% owner/manager of certain private funds) reported open-market sales of ACRES Commercial Realty Corp. (ACR) shares on July 22–24, 2026. The filing shows three dispositions totaling 9,233 shares for aggregate proceeds of $201,147 (weighted-average prices reported).
  • Individual trades reported: 2,732 shares sold at $21.78 on 2026-07-22 ($59,503); 5,234 shares sold at $21.79 on 2026-07-23 ($114,049); and 1,267 shares sold at $21.78 on 2026-07-24 ($27,595). These are sales (not purchases), so they are not a bullish signal.

Key Details

  • Transaction dates and amounts:
    • 2026-07-22: 2,732 shares @ $21.78 = $59,503
    • 2026-07-23: 5,234 shares @ $21.79 = $114,049
    • 2026-07-24: 1,267 shares @ $21.78 = $27,595
  • Total: 9,233 shares sold for ~$201,147.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes of note:
    • F1–F3: Securities are held by private investment funds/accounts managed by Eagle Point; Eagle Point DIF GP I LLC is a general partner. EPCM and DIF GP may have an indirect pecuniary interest; the reporting persons disclaim direct beneficial ownership for purposes of Section 16.
    • F4/F5: Reported prices are weighted averages; sales occurred in multiple executions at prices ranging roughly $21.78 to $21.84 (some trades within $21.78–$21.80). The filer will provide per-price breakdowns to the SEC on request.
  • Filing timeliness: Report filed 2026-07-24 for trades beginning 2026-07-22 — appears timely based on the filing date.

Context

  • This filing reflects institutional sales by a 10% owner/manager (an investment manager and its funds), not individual executive trading. Institutional disposals can be for fund rebalancing or redemptions and do not necessarily indicate company-specific negative news.
  • No options exercised, gifts, or tax-withholding events are reported here — only open-market sales.