4Filed Aug 6, 8:00 PM ET
ACRES (ACR) 10% Owner Transfers 1.171M Shares to Issuer
$ACR · ACRES Commercial Realty Corp.Research Summary
AI-generated summary of this SEC filing
ACRES (ACR) 10% Owner Transfers 1.171M Shares to Issuer
What Happened
- ACRES Share Holdings, LLC, a reported 10% owner of ACRES Commercial Realty Corp. (ACR), recorded a disposition to the issuer of 1,171,112 shares on August 6, 2026. The filing shows no cash price (N/A) because the shares were retired by the issuer as part of a corporate transaction rather than sold on the open market.
Key Details
- Transaction date: August 6, 2026; Form 4 filed August 7, 2026 (appears timely).
- Transaction type: Disposition to issuer (shares retired); price listed as N/A.
- Shares disposed: 1,171,112.
- Shares owned after transaction: Not specified in the filing; the footnote states the issuer’s shares held by this entity were retired.
- Footnote: The issuer acquired ACRES Capital Corp. and ACRES Capital, LLC on August 6, 2026, making the manager an indirect wholly-owned subsidiary and resulting in retirement of shares held by ACRES Share Holdings, LLC and related entities.
- Insider status: ACRES Share Holdings, LLC is a 10% owner (institutional/affiliate), not an individual officer/director trade.
Context
- This was not an open-market sale or a typical insider divestiture; the shares were retired as part of a corporate acquisition/organizational change, so it does not by itself signal buy/sell sentiment by a manager. For retail investors, note this is a structural outcome of the company transaction rather than a market-driven insider sale.