Williams Dawanna 4

What Happened Dawanna Williams, a director of ACRES Commercial Realty Corp. (ACR), was granted 5,555 shares of restricted common stock on 2026-03-05. The shares were issued at $0.00 (no cash paid); the grant value reported in the Form 4 is $0 because these are compensation shares. This is an award (not a market purchase or sale) and reflects director compensation rather than an open-market investment.

Key Details

• Transaction date: 2026-03-05 (Form 4 filed 2026-03-06); transaction coded as A (award/grant).
• Shares granted: 5,555 restricted common shares at $0.00 per share (total reported consideration $0).
• Vesting: Per footnote, shares vest over four years — 25% vesting each year starting March 5, 2027.
• Plan: Issued under the Issuer’s Third Amended & Restated Omnibus Equity Compensation Plan; granted for director service without additional consideration.
• Shares owned after transaction: Not disclosed in the filing.
• Timeliness: Form 4 filed one day after the transaction date, within the typical two-business-day reporting window (timely).

Context Restricted stock awards are a form of compensation that become transferable or owned outright only as they vest; they do not indicate an immediate market purchase or sale. For retail investors, these grants are useful to understand executive/director compensation practices but are less direct signals of insider market sentiment than purchases or sales.