Form 4: Ares Commercial Real Estate Officer Sells Shares for Tax

Anton Feingold, General Counsel and VP of Ares Commercial Real Estate, sold 7,606 shares of common stock to cover tax withholding obligations.

Summary

• Anton Feingold, an officer of Ares Commercial Real Estate Corp (ACRE) serving as General Counsel, VP, and Secretary, reported a transaction.
• On January 14, 2026, Mr. Feingold disposed of 7,606 shares of ACRE common stock.
• The shares were sold at a weighted average price of $4.9276 per share.
• This sale was specifically conducted to cover tax withholding obligations related to the vesting of common stock.
• Following this transaction, Mr. Feingold beneficially owns 92,754 shares of common stock directly.
• The remaining beneficial ownership includes 40,333 restricted stock units (RSUs) granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan, which vest in installments and represent the right to receive one share of common stock upon vesting.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a non-discretionary sale to cover tax obligations, which is a routine event and does not reflect a change in management's confidence in the company's prospects.

Positives

• The transaction is a routine sale to cover tax withholding obligations, not a discretionary sale indicating a lack of confidence in the company.

Negatives

• An officer sold 7,606 shares of common stock, reducing their direct ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction report (Form 4) is a routine disclosure required by the SEC for officers, directors, and significant shareholders. It provides transparency into changes in beneficial ownership but does not typically offer insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The sale is a routine tax-related transaction and is unlikely to have a significant impact on shareholder confidence or the company's operational performance.
• Employees: The transaction relates to equity compensation, which is a common component of employee remuneration packages.

Key Dates

Keywords

ACRE, Ares Commercial Real Estate, Anton Feingold, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Common Stock, Restricted Stock Units