LEVIN MURRAY S 4

What Happened

• Murray S. Levin, 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), so the immediate reported value is $0 for acquisition accounting purposes. This was an award/grant (Form 4 transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; filing date: 2026-03-06 (timely).
• Transaction type/code: Award/Grant (A). Price per share reported: $0.00; total reported consideration: $0.
• Vesting: Shares vest over four years, 25% per year beginning March 5, 2027 (per footnote).
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, sale, or tax-withholding noted in the filing.

Context

• This is a standard director equity grant (restricted stock) used as compensation for board service. Such awards are common and reflect compensation policy rather than an immediate market purchase or sale. The shares will vest over time, so they are subject to forfeiture if service conditions are not met.