Form 4: Eagle Point Sells ACR Preferred Stock Under 10b5-1 Plan
Insider Transaction Report
Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC reported sales of ACRES Commercial Realty Corp. 8.625% Series C Preferred Stock under a Rule 10b5-1 plan.
Summary
- Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, identified as 10% owners and directors of ACRES Commercial Realty Corp. (ACR), reported sales of the issuer's 8.625% Series C Preferred Stock.
- These transactions were made pursuant to a Rule 10b5-1 pre-arranged trading plan, indicating the sales were scheduled in advance.
- On November 28, 2025, 913 shares of 8.625% Series C Preferred Stock were sold at a price of $25.19 per share.
- On December 1, 2025, an additional 5,054 shares of 8.625% Series C Preferred Stock were sold at a weighted average price of $25.20 per share, with individual transaction prices ranging from $25.19 to $25.20.
- Following these reported transactions, the reporting persons indirectly beneficially own 382,409 shares of 8.625% Series C Preferred Stock.
- The reporting persons also indirectly beneficially own 763,436 shares of 7.875% Series D Preferred Stock and 1,177,060 shares of Common Stock, $0.001 par value.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of insider stock sales executed under a Rule 10b5-1 plan. This type of transaction is generally considered neutral as it indicates pre-scheduled sales rather than a reaction to recent company performance or news, thus not inherently conveying positive or negative sentiment regarding the company's future prospects.
Future Outlook
NA
Industry Context
This Form 4 filing details routine insider transactions by a significant shareholder and director of ACRES Commercial Realty Corp., a real estate investment trust (REIT). Such filings are standard disclosures in the financial industry, providing transparency on changes in beneficial ownership by company insiders or large shareholders. The execution of sales under a Rule 10b5-1 plan indicates these transactions were pre-scheduled and not based on new, material non-public information, which is a common practice for insiders to manage their holdings.
Related Party Transactions
- Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, as 10% owners and directors of ACRES Commercial Realty Corp., engaged in sales of the issuer's 8.625% Series C Preferred Stock.
Stakeholder Impact
- Shareholders: Provides transparency regarding changes in holdings by a significant institutional investor and director. The sales, being under a 10b5-1 plan, typically mitigate concerns that the insider is selling based on adverse non-public information.
- Employees, Customers, Suppliers, Creditors: No direct impact from this filing.
Key Dates
| Date | Description |
|---|---|
| 11/28/2025 | Sale of 913 shares of 8.625% Series C Preferred Stock by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. |
| 12/01/2025 | Sale of 5,054 shares of 8.625% Series C Preferred Stock by Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC. |
| 12/02/2025 | Date of filing of the Statement of Changes in Beneficial Ownership. |
Keywords
ACRES Commercial Realty Corp., ACR, Eagle Point Credit Management, Eagle Point DIF GP I, Insider Trading, Form 4, Preferred Stock, Stock Sale, Beneficial Ownership, Rule 10b5-1
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