BRYANT DAVID J 4
Research Summary
AI-generated summary
ACRES (ACR) Director David J. Bryant Receives Stock Award
What Happened
David J. Bryant, a director of ACRES Commercial Realty Corp. (ACR), was granted 5,555 restricted common shares on March 5, 2026. The shares were issued at $0.00 per share (no cash paid) as an award under the company's omnibus equity plan. This is an equity grant (Form 4 transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: March 5, 2026. Filing date: March 6, 2026 (Form 4 accession 0001213900-26-024621).
- Grant: 5,555 restricted common shares at $0.00 per share; aggregate amount reported $0.
- Vesting: 25% of the shares vest each year over four years, beginning March 5, 2027 (per footnote).
- Plan: Issued under the Issuer's Third Amended & Restated Omnibus Equity Compensation Plan.
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Filing appears timely (filed one day after the grant).
- Footnote: The shares are receivable in connection with director service and require no additional consideration.
Context
Restricted stock awards are a common form of director compensation. They vest over time and are not immediately liquid, so they do not necessarily indicate insider confidence in the short term. Because this was a grant (not a purchase), it reflects compensation policy rather than a market-based buy or sell decision.