ACRES (ACR) SVP & CFO Eldron C. Blackwell Receives 7,856 Shares

What Happened
Eldron C. Blackwell, SVP & CFO of ACRES Commercial Realty Corp. (ACR), was issued 7,856 shares on 2026-08-06. The Form 4 reports the transaction as an award/grant (code A) at $0.00 per share (total reported acquisition value $0). A footnote links the issuance to the April 29, 2026 Agreement and Plan of Merger with ACRES Capital Corp. (ACC).

Key Details

• Transaction date: 2026-08-06; filing date: 2026-08-07 (Form 4 appears timely).
• Transaction type/code: Award/Grant (A). Price reported: $0.00; total reported value: $0.
• Shares acquired: 7,856.
• Shares owned after transaction: not specified in this filing.
• Footnote: Per the merger agreement, each outstanding ACC share converted into the right to receive 2.61882 shares of ACRES — this award reflects that merger-related conversion.
• No 10b5-1 plan, tax-withholding, or late-filing flag disclosed in the filing.

Context
This was a non-cash, merger-related issuance (conversion of ACC shares into ACR shares), not an open-market purchase or sale by the insider. Such conversion grants are part of corporate reorganizations and do not necessarily reflect the insider’s view on the stock.