Form 4: Eagle Point Credit Management Sells ACRES Commercial Realty Preferred Stock

Eagle Point Credit Management and its affiliate reported sales of ACRES Commercial Realty Corp. 7.875% Series D Preferred Stock in late July 2025.

Summary

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, identified as 10% owners and director affiliates of ACRES Commercial Realty Corp. (ACR), reported sales of preferred stock.
• On July 30, 2025, 1,727 shares of 7.875% Series D Preferred Stock were sold at a weighted average price of $22.2 per share.
• On July 31, 2025, an additional 13,008 shares of 7.875% Series D Preferred Stock were sold at a weighted average price of $22.3 per share.
• Following these transactions, the reporting persons indirectly beneficially own 804,974 shares of 7.875% Series D Preferred Stock, 1,177,060 shares of Common Stock, and 393,646 shares of 8.625% Series C Preferred Stock.
• The reporting persons disclaim beneficial ownership of the securities reported, as they are held by private investment funds and accounts managed by Eagle Point Credit Management LLC.

Sentiment

Score: 3

Explanation: Sales of preferred stock by a significant 10% owner and director affiliate may be perceived negatively by the market, potentially signaling a lack of confidence or a strategic portfolio adjustment.

Negatives

• Significant sales of preferred stock by a 10% owner and director affiliate could be interpreted as a negative signal regarding their outlook or liquidity needs.

Future Outlook

NA

Management Comments

• Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.

Industry Context

NA

Related Party Transactions

• Sales of 7.875% Series D Preferred Stock by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, entities identified as 10% owners and director affiliates of ACRES Commercial Realty Corp.

Stakeholder Impact

• Shareholders: The sale of preferred stock by a significant 10% owner and director affiliate could be perceived negatively, potentially impacting investor sentiment and the company's stock price.

Key Dates

Keywords

ACRES Commercial Realty, ACR, Eagle Point Credit Management, Form 4, insider trading, preferred stock, beneficial ownership, stock sale