SCHEDULE 13D/A: Creative Media & Community Trust Corp: Key Insiders Update Beneficial Ownership Following Stock Dividend

An amendment to Schedule 13D reveals updated beneficial ownership stakes for key individuals and entities associated with CIM Group in Creative Media & Community Trust Corp, primarily reflecting adjustments due to a stock dividend.

Summary

• This document is Amendment No. 22 to the Schedule 13D filing for Creative Media & Community Trust Corp (CMCT), a Maryland real estate investment trust.
• The filing updates the beneficial ownership of Common Shares by Richard Ressler, Avraham Shemesh, Shaul Kuba, and affiliated entities including CIM Urban Sponsor, LLC, CIM Real Assets & Credit Fund, CIM CMCT MLP, LLC, and CIM Capital Real Property Management, LLC.
• The changes in reported shares are a direct result of a stock dividend of 0.2020 shares of Common Stock per share, which was paid on October 8, 2024.
• As of June 9, 2025, there are 754,607 Common Shares outstanding.
• Richard Ressler beneficially owns 49,908 Common Shares, representing approximately 6.6% of the outstanding shares, with sole voting and dispositive power over 500 shares and shared power over 49,408 shares.
• Avraham Shemesh beneficially owns 49,593 Common Shares, representing approximately 6.6% of the outstanding shares, with shared voting and dispositive power over all his holdings.
• Shaul Kuba beneficially owns 49,593 Common Shares, representing approximately 6.6% of the outstanding shares, with shared voting and dispositive power over all his holdings.
• CIM CMCT MLP, LLC directly owns 37,414 Common Shares, representing approximately 5.0% of the outstanding shares, with sole voting and dispositive power.
• CIM Urban Sponsor, LLC directly owns 1,930 Common Shares, representing approximately 0.3% of the outstanding shares, with sole voting and dispositive power.
• CIM Real Assets & Credit Fund directly owns 1,584 Common Shares, representing approximately 0.2% of the outstanding shares, with sole voting and dispositive power.
• CIM Capital Real Property Management, LLC directly owns 8,480 Common Shares, representing approximately 1.1% of the outstanding shares, with sole voting and dispositive power.
• Each of the Reporting Persons disclaims beneficial ownership of the reported Common Shares except to the extent of their pecuniary interest therein.

Sentiment

Score: 5

Explanation: Neutral, as the document is a factual update on beneficial ownership reflecting a stock dividend, with no new strategic information or performance data.

Future Outlook

NA

Industry Context

This filing is a routine update on beneficial ownership within a real estate investment trust (REIT) and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides updated transparency on significant beneficial ownership stakes by key individuals and affiliated entities, reflecting the impact of a stock dividend on their holdings.

Key Dates

Keywords

Creative Media & Community Trust Corp, CMCT, Schedule 13D, beneficial ownership, stock dividend, Richard Ressler, Avraham Shemesh, Shaul Kuba, CIM Group, real estate investment trust, REIT, SEC filing