4Filed Aug 6, 8:00 PM ET
ACRES Director Karen K Edwards Receives 2,568-Share Award
$ACR · ACRES Commercial Realty Corp.Research Summary
AI-generated summary of this SEC filing
ACRES Director Karen K Edwards Receives 2,568-Share Award
What Happened
Karen K. Edwards, a director of ACRES Commercial Realty Corp. (ACR), was granted 2,568 shares of the company's common stock on 2026-08-06. The filing shows an acquisition price of $0.00 (award/grant), so the reported acquisition value is $0; the shares were issued under the issuer's 2026 Omnibus Equity Incentive Plan.
Key Details
- Transaction date: 2026-08-06; filing date: 2026-08-07 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,568; acquisition price per share reported as $0.00.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: Grant issued under the Issuer's 2026 Omnibus Equity Incentive Plan (per footnote F1).
- No sale, purchase for cash, option exercise, or tax withholding reported in this Form 4.
Context
Equity awards to directors are a common form of compensation and do not necessarily indicate the director is buying or selling based on a view of the stock. This grant increases the director’s equity stake only if/when the shares vest and are issued free of restrictions; the filing does not describe vesting terms or immediate sales.