4Filed Aug 6, 8:00 PM ET
ACRES (ACR) Director Gary Ickowicz Receives Stock Award
$ACR · ACRES Commercial Realty Corp.Research Summary
AI-generated summary of this SEC filing
ACRES (ACR) Director Gary Ickowicz Receives Stock Award
What Happened
Gary Ickowicz, a director of ACRES Commercial Realty Corp. (ACR), was issued 2,568 shares of common stock as an award on 2026-08-06. The Form 4 reports the shares were granted at $0.00 per share (acquisition value $0), reflecting an equity award rather than an open-market purchase.
Key Details
- Transaction date: 2026-08-06 (Period of Report)
- Filing date: 2026-08-07 (filed timely)
- Transaction type: Award/Grant (code A) — 2,568 shares acquired at $0.00 per share (reported value $0)
- Shares owned after transaction: Not disclosed in this filing
- Footnote: Shares were issued under the Issuer’s 2026 Omnibus Equity Incentive Plan
Context
This was an equity grant as part of the company’s incentive plan, typically linked to compensation or retention and not an open-market purchase or sale. Such awards often vest over time or carry restrictions; the filing does not specify vesting or resale conditions. Equity grants are informative about compensation but do not necessarily signal immediate trading intent.