Form 4: Eagle Point Sells ACRES Commercial Preferred Shares

Eagle Point Credit Management and Eagle Point DIF GP I LLC reported the sale of 1,095 shares of ACRES Commercial Realty Corp.'s 7.875% Series D Preferred Stock.

Summary

• Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, both identified as Directors and 10% Owners of ACRES Commercial Realty Corp. (ACR), reported a transaction.
• On March 30, 2026, 1,095 shares of 7.875% Series D Preferred Stock were disposed of at a weighted average price of $22.12 per share.
• The sale was executed in multiple transactions with prices ranging from $22.02 to $22.15 per share.
• This transaction was made pursuant to a contract, instruction, or written plan for the sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following the reported transaction, Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC indirectly beneficially own 737,928 shares of 7.875% Series D Preferred Stock.
• The reporting persons also indirectly beneficially own 1,177,060 shares of Common Stock, $0.001 par value, and 349,907 shares of 8.625% Series C Preferred Stock.
• The securities are directly held by certain private investment funds and/or accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as general partner to some of these accounts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale of a relatively small number of preferred shares by a 10% owner, especially when conducted under a Rule 10b5-1(c) plan, typically does not signal a significant change in the company's prospects or the insider's confidence.

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.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, providing transparency into the buying and selling activities of a company's officers, directors, and significant shareholders. This specific filing indicates a pre-planned sale under Rule 10b5-1(c), which is a common practice for insiders to manage their equity holdings without being accused of trading on material non-public information.

Related Party Transactions

• The reporting persons, Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, are both Directors and 10% Owners of ACRES Commercial Realty Corp. and manage the investment funds that directly hold the securities.

Stakeholder Impact

• Shareholders: The sale of a small number of preferred shares by a significant owner is unlikely to have a material impact on the broader shareholder base or the company's stock price.

Key Dates

Keywords

ACRES Commercial Realty Corp, ACR, Eagle Point Credit Management, Eagle Point DIF GP I LLC, Insider Trading, Form 4, Preferred Stock, Stock Sale, Beneficial Ownership, Rule 10b5-1(c)