Edwards Karen K 4

What Happened
Karen K. Edwards, a director of ACRES Commercial Realty Corp. (ACR), was granted 5,555 shares of restricted common stock on March 5, 2026. The shares were reported as an award (code A) at an acquisition price of $0.00 (no cash paid at grant). Because this is an equity award rather than a market purchase, it does not represent an immediate buy or sell in the open market.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-06 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 5,555 restricted common shares; reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed on the Form 4.
• Footnote: Shares granted under the Issuer’s Third Amended & Restated Omnibus Equity Compensation Plan; vest 25% per year over four years beginning March 5, 2027, and are receivable for the reporting person’s service as a director without additional consideration.

Context
Restricted share awards to directors are a common form of compensation and typically vest over time; because these shares are subject to vesting they are not immediately liquid and do not by themselves signal a near-term market bet. For investors, such grants are informational about director compensation and long-term alignment with shareholders rather than an immediate trading signal.