Steven J. Kessler - 07 May 2024 Form 4 Insider Report for ACRES Commercial Realty Corp. (ACR)

Role
Director
Signature
/s/ Julie Wilson, attorney-in-fact
Issuer symbol
ACR
Transactions as of
07 May 2024
Transactions value $
$0
Form type
4
Filing time
08 May 2024, 16:15:40
Previous filing
09 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACR Common Stock Award $0 +4.76K +13.02% $0.00 41.3K 07 May 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has been granted 4,762 shares of restricted common stock under the Issuer's Third Amended & Restated Omnibus Equity Compensation Plan. These shares will vest over four years, with 25% vesting per year beginning on May 7, 2025, and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.