ACRES (ACR) SVP Jesberger Receives 343,856-Share Award

What Happened
Jaclyn Jesberger, SVP, Chief Legal Officer & Secretary of ACRES Commercial Realty Corp. (ACR), was reported as acquiring 343,856 shares on 2026-08-06 via an award/grant (Form 4 code "A"). The shares were recorded at $0.00 per share, for a reported total acquisition value of $0.00. This acquisition arose from the merger-related conversion described in the filing (see footnote).

Key Details

• Transaction date: 2026-08-06; filing date: 2026-08-07 (timely).
• Shares acquired: 343,856; price per share: $0.00; total reported value: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote: Under the Agreement and Plan of Merger (Apr 29, 2026), each outstanding share of ACRES Capital Corp. (ACC) converted into the right to receive 2.61882 shares of ACRES Commercial Realty Corp.; this award reflects that merger conversion.
• No 10b5-1 plan, tax withholding, or late-filing indication noted in the Form 4.

Context
This was an award/merger conversion—not an open-market purchase or sale—so it reflects a corporate transaction (conversion of ACC shares into ACRES shares) rather than a cash investment or disposition by the insider. For retail investors, purchases are typically more informative about insider sentiment; merger-related awards are routine outcomes of deal terms and should be interpreted accordingly.