Bryan Patrick Donohoe - 11 Dec 2025 Form 4 Insider Report for Ares Commercial Real Estate Corp (ACRE)

Role: Chief Executive Officer
Signature: /s/ Anton Feingold, by power of attorney
Issuer symbol: ACRE
Transactions as of: 11 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 12 Dec 2025, 17:13:28 UTC
Previous filing: 04 Feb 2025
Next filing: 15 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Donohoe Bryan Patrick	Chief Executive Officer	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK	/s/ Anton Feingold, by power of attorney	12 Dec 2025	0001796172

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRE	Common Stock	Award	$0	+49,500	+22%	$0.000000	271,958	11 Dec 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2	Reported amount includes 155,166 restricted stock units granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments in accordance with the applicable restricted stock unit award agreement.

Content

Granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan (the "Equity Incentive Plan"). Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in three equal annual installments beginning on January 1, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

Reported amount includes 155,166 restricted stock units granted under the Equity Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock units vest in installments in accordance with the applicable restricted stock unit award agreement.