ACRES (ACR) Director Neff P. Sherrill Receives Restricted Stock Award

What Happened

• Neff P. Sherrill, a director of ACRES Commercial Realty Corp. (ACR), was granted 5,555 shares of restricted common stock on March 5, 2026. The shares were issued at $0.00 per share (total reported value $0) as an equity award for director service rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-06 (timely)
• Transaction code: A (Award/Grant)
• Shares granted: 5,555 restricted common shares; price: $0.00; reported total value: $0
• Vesting: 25% per year over four years, beginning March 5, 2027 (per footnote)
• Consideration: Receivable for director service, no additional cash paid by reporting person
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Award made under the Issuer’s Third Amended & Restated Omnibus Equity Compensation Plan

Context

• Restricted stock awards are compensation that vest over time; they do not represent an immediate cash realization or market sale. Vesting schedules and plan terms matter for when the director will actually control or be able to sell the shares. This type of filing is a routine director compensation disclosure and should not be interpreted alone as a buy or sell signal.