4Accepted Jul 29, 7:50 PM ET
ACRES (ACR) 10% Owner Eagle Point Credit Management Sells Shares
Accepted (ET)
7:50 PM
Jul 29, 2026
Filed
Jul 29, 2026
Documents
1
Size
14.4 KB
Summary
ACRES (ACR) 10% Owner Eagle Point Credit Management Sells Shares
What Happened
- Eagle Point Credit Management LLC (a reporting 10% owner through funds it manages) sold a total of 3,807 shares of ACRES Commercial Realty Corp. (ACR) in open-market transactions. The sales occurred July 27–29, 2026, for total proceeds of $82,963. Individual reported lots: 1,389 shares @ $21.78 ($30,252), 206 shares @ $21.79 ($4,489), and 2,212 shares @ $21.80 ($48,222). These were dispositions (sales), not purchases.
Key Details
- Transaction dates and prices: July 27 (1,389 @ $21.78), July 28 (206 @ $21.79), July 29 (2,212 @ $21.80). Filing date: July 29, 2026 (Form 4 accession 0001104659-26-088324).
- Total shares sold: 3,807; total proceeds: $82,963 (reported as weighted-average prices).
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes: Securities are held by private investment funds/accounts managed by EPCM; Eagle Point DIF GP I LLC is general partner to certain accounts (F1). EPCM and DIF GP could be deemed to have an indirect pecuniary interest (F2). The reporting persons disclaim beneficial ownership for the securities reported (F3). The filer reports weighted-average prices and notes the sales occurred in multiple transactions at prices in the reported ranges; full breakdowns can be provided to the SEC on request (F4/F5).
- Transaction type: S = sale (open-market/private sale). No indication of a 10b5-1 plan, gift, option exercise, or tax withholding in this filing.
Context
- This filing reports institutional selling by a 10% owner (fund-managed accounts), which is different from executive insider trades. Sales by institutional holders can be routine portfolio-management activity and do not, by themselves, indicate management sentiment about the company.