Form 4: Eagle Point Sells ACR Preferred Stock

Eagle Point Credit Management and Eagle Point DIF GP I reported the sale of 5,400 shares of ACRES Commercial Realty Corp.'s 8.625% Series C Preferred Stock.

Summary

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, both 10% owners and directors of ACRES Commercial Realty Corp. (ACR), reported a transaction.
• On January 14, 2026, 5,400 shares of ACR's 8.625% Series C Preferred Stock were sold at a weighted average price of $24.99 per share.
• The sale price for these shares ranged from $24.98 to $25.13 per share.
• Following the transaction, Eagle Point entities indirectly beneficially own 358,430 shares of 8.625% Series C Preferred Stock.
• They also indirectly beneficially own 755,391 shares of 7.875% Series D Preferred Stock and 1,177,060 shares of Common Stock ($0.001 par value).
• The reporting persons disclaim beneficial ownership of the securities reported pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The filing is a routine insider transaction report and does not contain information that would significantly alter the company's fundamental outlook or market sentiment.

Positives

• The sale of 5,400 shares of 8.625% Series C Preferred Stock occurred at a weighted average price of $24.99, with a range up to $25.13, indicating a favorable price for the disposition of these specific shares.

Negatives

• A sale of preferred stock by a 10% owner and director, even a relatively small amount, could be interpreted as a slight reduction in conviction or a portfolio rebalancing decision.

Management Comments

• The securities are directly held by certain private investment funds and/or certain accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point DIF GP I LLC ("DIF GP") serves as general partner to certain Applicable Accounts.
• EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein.
• 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.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote, upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

Related Party Transactions

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, both 10% owners and directors of ACRES Commercial Realty Corp., reported the sale of 5,400 shares of 8.625% Series C Preferred Stock.

Stakeholder Impact

• Shareholders: A minor sale by a significant shareholder and director could be noted, but the small volume is unlikely to have a material impact on share price or perception.

Next Steps

• Reporting persons undertake to provide full information regarding the number of shares sold at each separate price within the reported range upon request by the SEC staff, the Issuer, or any security holder.

Key Dates

Keywords

ACRES Commercial Realty Corp., ACR, Eagle Point Credit Management, Eagle Point DIF GP I, Insider Transaction, Preferred Stock, Common Stock, Beneficial Ownership, SEC Form 4