ACRES (ACR) VP Linda Kilpatrick Receives Award of 3,928 Shares

What Happened
Linda M. Kilpatrick, Vice President and Chief Accounting Officer of ACRES Commercial Realty Corp. (ACR), was awarded/acquired 3,928 shares of ACR on 2026-08-06. The shares were recorded at $0.00 per share (total recorded value $0.00) as part of a merger-related conversion rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-06; Form 4 filed 2026-08-07 (no late filing indicated).
• Transaction type/code: Award/Grant (A); 3,928 shares acquired at $0.00.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The shares result from the April 29, 2026 Agreement and Plan of Merger — each outstanding share of ACRES Capital Corp. (ACC) converted into 2.61882 shares of ACRES (see footnote F1).
• No 10b5-1 plan, tax withholding, or cashless exercise noted in the filing.

Context
This was a merger-related conversion/allocation of shares, not a market purchase or sale. Such awards reflect transaction mechanics from the ACRES/ACC merger and should not be interpreted as a buy/sell signal by the insider.