{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-057486","form_type":"8-K","ticker":"ACR","cik":"0001332551","company_name":"ACRES Commercial Realty Corp.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.682544+00:00","generated_at":"2026-06-09T02:07:17.471974+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ACRES CFO Bryant retiring Dec 31; Blackwell appointed successor; Q3 net income $2.9M","bullets":["David J. Bryant, CFO, to retire effective Dec 31, 2023 after 17 years.","Eldron C. Blackwell appointed CFO and Treasurer effective Jan 1, 2024; was VP/CAO since March 2014.","Linda M. Kilpatrick appointed Chief Accounting Officer, effective Jan 1, 2024; was Controller since Oct 2017.","GAAP net income allocable to common shares was $2.9M ($0.33 diluted EPS) for Q3 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-057486","json":"https://secwatch.observer/filing/0000950170-23-057486.json","markdown":"https://secwatch.observer/filing/0000950170-23-057486.md","text":"https://secwatch.observer/filing/0000950170-23-057486.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/acr-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:07:17.471974+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fa4ef37ad0f5535ff9bc99c16aec54493ea48287","claim":"ACRES Commercial Realty Corp. reported quarter ended September 30, 2023 results: net income $2.9 million, or $0.33 per share-diluted, EPS $0.33 per share-diluted.","evidence_excerpt":"ACR’s GAAP net income allocable to common shares was $2.9 million, or $0.33 per share-diluted, for the quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Net income","value":"$2.9 million, or $0.33 per share-diluted"},{"label":"EPS","value":"$0.33 per share-diluted"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"44c8f86b2f","claim":"Eldron C. Blackwell was appointed as Chief Financial Officer, Senior Vice President and Treasurer at ACRES Commercial Realty Corp..","evidence_excerpt":"On November 1, 2023, Eldron C. Blackwell was appointed as the Company's Chief Financial Officer, Senior Vice President and Treasurer, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer, Senior Vice President and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"6b80d1b750","claim":"David J. Bryant departed as Chief Financial Officer, Senior Vice President and Treasurer at ACRES Commercial Realty Corp..","evidence_excerpt":"On November 1, 2023, David J. Bryant, Chief Financial Officer, Senior Vice President and Treasurer, informed the Company of his intention to retire effective December 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Chief Financial Officer, Senior Vice President and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"9373b1cbd8","claim":"Linda M. Kilpatrick was appointed as Chief Accounting Officer, Vice President and Controller at ACRES Commercial Realty Corp..","evidence_excerpt":"Additionally, on November 1, 2023, Linda M. Kilpatrick was appointed as the Company's Chief Accounting Officer, Vice President and Controller, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1332551/000095017023057486/0000950170-23-057486-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Accounting Officer, Vice President and Controller"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}