Parekh Rebecca Jaisali 4
Research Summary
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Ares Commercial Real Estate Director Receives 18,879-Share Award
What Happened
- Director Rebecca Jaisali Parekh was granted 18,879 shares of restricted common stock of Ares Commercial Real Estate Corp (ACRE) on 2026-04-29. The shares were issued at $0.00 (award), so the reported acquisition value on the Form 4 is $0. This was an equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-04-29; Form 4 filed 2026-05-01 (timely).
- Transaction type/code: Award/Grant (Code A).
- Shares granted: 18,879; acquisition price reported as $0.00 (award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Grant is restricted stock under Ares’ Amended and Restated 2012 Equity Incentive Plan. Vesting is scheduled to occur ratably each quarter over one year, beginning the first business day of the fiscal quarter on July 1, 2026.
Context
- This was a restricted stock award to a director — a common form of compensation or retainment. It is not a market buy or sell and does not by itself indicate insider buying/selling intent. The award vests over the coming year per the plan terms.