ACRES (ACR) Director Steven J. Kessler Receives Stock Award

What Happened

Steven J. Kessler, a director of ACRES Commercial Realty Corp. (ACR), was issued 2,568 shares of common stock as an award under the issuer's 2026 Omnibus Equity Incentive Plan. The shares were granted at $0.00 per share (reporting value $0), reported on a Form 4 covering the 2026-08-06 transaction.

Key Details

• Transaction type: Award/Grant (code A)
• Transaction date: 2026-08-06; Form 4 filed: 2026-08-07 (timely, one day after the transaction)
• Shares granted: 2,568 shares at $0.00 per share (total reported cash value $0)
• Shares owned after transaction: Not specified in the provided filing details
• Footnote: F1 — shares issued under the Issuer's 2026 Omnibus Equity Incentive Plan

Context

• This was an equity compensation grant, not an open-market purchase or sale. Such awards commonly reflect compensation or retention incentives and do not by themselves indicate buy/sell market intent.
• The filing does not specify vesting terms, transfer restrictions, or immediate sale — those details, if any, would be in the company's equity plan or additional disclosures.