Ickowicz Gary 4
4 · ACRES Commercial Realty Corp. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
ACRES (ACR) Director Gary Ickowicz Receives 5,555-Share Award
What Happened
Gary Ickowicz, a director of ACRES Commercial Realty Corp. (ACR), was granted 5,555 restricted shares of common stock on March 5, 2026. The award was recorded at $0.00 per share (total reported cost $0) and is reported on Form 4 under transaction code A (award/grant). The shares were issued under the Issuer’s Third Amended & Restated Omnibus Equity Compensation Plan as compensation for his service as a director.
Key Details
- Transaction date: 2026-03-05; filing date: 2026-03-06 (timely filing).
- Transaction type/code: Award/Grant (A). Price reported: $0.00; total reported cost: $0.
- Shares granted: 5,555 restricted common shares.
- Vesting: 25% vest each year over four years, with first vesting on March 5, 2027 (per footnote).
- Plan: Issuer’s Third Amended & Restated Omnibus Equity Compensation Plan.
- Shares owned after transaction: not specified in the Form 4 filing.
Context
This was a restricted stock award for director compensation, not an open-market purchase or sale. Such awards are common for non-employee directors and represent future economic interest subject to vesting; they do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-05+5,555→ 31,184 total
Footnotes (1)
- [F1]The reporting person has been granted 5,555 shares of restricted common stock under the Issuer's Third Amended & Restated Omnibus Equity Compensation Plan. These shares will vest over four years, with 25% vesting per year beginning on March 5, 2027, and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.