ACRES Commercial Realty Corp. - Schedule 13D/A Filing Summary

This filing, an Amendment No. 4 to the Schedule 13D, relates to the common stock of ACRES Commercial Realty Corp. The amendment details changes in beneficial ownership, specifically highlighting that ACRES Share Holdings, LLC now holds 1,171,112 shares of common stock, representing 16.07% of the class. This update reflects various grants of shares to ACRES Share Holdings, LLC, an affiliate of the Manager, occurring on different dates between May 2022 and March 2026. These grants were tied to incentive plans and management agreements, as well as meeting specific book value targets for the Issuer. The filing also notes the structure of decision-making for voting and dispositive power, which involves the board of directors of ACRES Capital Corp. The information is based on 7,285,680 shares outstanding as of September 30, 2025.