ACRES Share Holdings, LLC 4

What Happened ACRES Share Holdings, LLC (reported as a 10% owner and the company's external manager) was granted 204,765 restricted shares of ACRES Commercial Realty Corp. common stock on 2026-03-05. The shares were issued at $0.00 (no cash paid), with an acquisition value reported as $0. This is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-06 (timely).
• Shares granted: 204,765 restricted common shares; grant price: $0.00; reported value: $0.
• Vesting: 25% vests each year over four years beginning March 5, 2027.
• Purpose: Receivable for service as the external manager of ACRES under the Manager Incentive Plan; no additional consideration required.
• Shares owned after transaction: Not specified in the filing.
• Transaction type: Award/Grant (SEC code A).

Context This grant is a compensation award to the external manager (an entity reported as a 10% owner), so it reflects contractual compensation rather than an insider buying or selling with a market signal. Restricted shares vest over time, meaning the recipient cannot fully transfer them until vesting conditions are met.