ACRE

SEC source: 0001628280-26-029272 · wk-form4_1777663530.xml · nonDerivative · entry 1

SKINNER JAMES E · CIK 0001122008 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,217

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-029270 · wk-form4_1777663405.xml · nonDerivative · entry 1

Parekh Rebecca Jaisali · CIK 0001898953 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 77,258

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-029278 · wk-form4_1777663894.xml · nonDerivative · entry 1

April Rand Scott · CIK 0001672353 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,879

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-029297 · wk-form4_1777664695.xml · nonDerivative · entry 1

Browning William · CIK 0001600598 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,053

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-029287 · wk-form4_1777664251.xml · nonDerivative · entry 1

Blakely Caroline · CIK 0001600619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,495

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-029275 · wk-form4_1777663704.xml · nonDerivative · entry 1

Moriarty Edmond N. III · CIK 0001737852 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 98,905

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2026.

SEC source: 0001628280-26-002245 · wk-form4_1768522259.xml · nonDerivative · entry 1

Gonzales Jeffrey Michael · CIK 0002035491 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 88,533

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 14, 2026 in multiple transactions at prices ranging from $4.89 to $4.97 inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 64,999 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-26-002239 · wk-form4_1768522057.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 92,754

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 14, 2026 in multiple transactions at prices ranging from $4.89 to $4.97 inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 40,333 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-26-002247 · wk-form4_1768522425.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 250,197

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 14, 2026 in multiple transactions at prices ranging from $4.89 to $4.97, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 99,166 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-25-056847 · wk-form4_1765578604.xml · nonDerivative · entry 1

Gonzales Jeffrey Michael · CIK 0002035491 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 94,751

F1 · shares: 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 · balance_after: Reported amount includes 80,666 restricted stock units granted under the he 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.

SEC source: 0001628280-25-056837 · wk-form4_1765578234.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,360

F1 · shares: 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 · balance_after: Reported amount includes 59,500 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.

SEC source: 0001628280-25-056843 · wk-form4_1765578435.xml · nonDerivative · entry 1

Yoon Tae Sik · CIK 0001332608 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 289,153

F1 · shares: Granted under 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 · balance_after: Reported amount includes 109,899 restricted stock unit 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 with the applicable restricted stock unit award agreement.

SEC source: 0001628280-25-056830 · wk-form4_1765577605.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 271,958

F1 · shares: 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 · balance_after: 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.

SEC source: 0001628280-25-021600 · wk-form4_1746133266.xml · nonDerivative · entry 1

SKINNER JAMES E · CIK 0001122008 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,338

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-021610 · wk-form4_1746133739.xml · nonDerivative · entry 1

Parekh Rebecca Jaisali · CIK 0001898953 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,379

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-021607 · wk-form4_1746133599.xml · nonDerivative · entry 1

April Rand Scott · CIK 0001672353 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,696

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-021603 · wk-form4_1746133465.xml · nonDerivative · entry 1

Moriarty Edmond N. III · CIK 0001737852 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,026

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-021597 · wk-form4_1746133126.xml · nonDerivative · entry 1

Blakely Caroline · CIK 0001600619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,616

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-021594 · wk-form4_1746132939.xml · nonDerivative · entry 1

Browning William · CIK 0001600598 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,156

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2025.

SEC source: 0001628280-25-003713 · wk-form4_1738703602.xml · nonDerivative · entry 1

Gonzales Jeffrey Michael · CIK 0002035491 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,751

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2025 in multiple transactions at prices ranging from $5.60 to $5.76 inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 36,666 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-25-003723 · wk-form4_1738703850.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,360

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2025 in multiple transactions at prices ranging from $5.60 to $5.76 inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 37,500 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-25-003686 · wk-form4_1738703334.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 218,949

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 31, 2025 in multiple transactions at prices ranging from $5.59 to $5.76, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 105,666 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-24-051231 · wk-form4_1734128485.xml · nonDerivative · entry 1

Gonzales Jeffrey Michael · CIK 0002035491 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,771

F1 · shares: 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, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 46,166 restricted stock units granted under the he 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.

SEC source: 0001628280-24-051229 · wk-form4_1734128239.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 85,975

F1 · shares: 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, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 55,500 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.

SEC source: 0001628280-24-051224 · wk-form4_1734127856.xml · nonDerivative · entry 1

Yoon Tae Sik · CIK 0001332608 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 251,753

F1 · shares: Granted under 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, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 109,166 restricted stock unit 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 with the applicable restricted stock unit award agreement.

SEC source: 0001628280-24-051227 · wk-form4_1734128075.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 242,414

F1 · shares: 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, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 164,166 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.

SEC source: 0001628280-24-020738 · wk-form4_1715031194.xml · nonDerivative · entry 1

SKINNER JAMES E · CIK 0001122008 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,642

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-020734 · wk-form4_1715030979.xml · nonDerivative · entry 1

Parekh Rebecca Jaisali · CIK 0001898953 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,683

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-020714 · wk-form4_1715030168.xml · nonDerivative · entry 1

April Rand Scott · CIK 0001672353 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,519

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-020743 · wk-form4_1715031476.xml · nonDerivative · entry 1

Browning William · CIK 0001600598 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,842

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-020726 · wk-form4_1715030769.xml · nonDerivative · entry 1

Blakely Caroline · CIK 0001600619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,747

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-020721 · wk-form4_1715030501.xml · nonDerivative · entry 1

Moriarty Edmond N. III · CIK 0001737852 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,330

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2024.

SEC source: 0001628280-24-002919 · wk-form4_1706822880.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 197,414

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 30, 2024 in multiple transactions at prices ranging from $10.20 to $10.42, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 119,166 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-24-002589 · wk-form4_1706654729.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,975

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 29, 2024 in multiple transactions at prices ranging from $10.36 to $10.40, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 38,500 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-23-041598 · wk-form4_1702590118.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 74,865

F1 · shares: 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, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 53,000 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.

SEC source: 0001628280-23-041593 · wk-form4_1702589536.xml · nonDerivative · entry 1

Yoon Tae Sik · CIK 0001332608 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 219,253

F1 · shares: Granted under 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, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 108,333 restricted stock unit 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 with the applicable restricted stock unit award agreement.

SEC source: 0001628280-23-041596 · wk-form4_1702589818.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 216,282

F1 · shares: 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, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 168,666 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.

SEC source: 0001628280-23-012489 · wf-form4_168212645919432.xml · nonDerivative · entry 1

SKINNER JAMES E · CIK 0001122008 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,800

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-012488 · wf-form4_168212642617813.xml · nonDerivative · entry 1

Parekh Rebecca Jaisali · CIK 0001898953 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,841

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-012484 · wf-form4_168212628334021.xml · nonDerivative · entry 1

April Rand Scott · CIK 0001672353 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,743

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-012487 · wf-form4_168212638402684.xml · nonDerivative · entry 1

Moriarty Edmond N. III · CIK 0001737852 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,488

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-012486 · wf-form4_168212634785062.xml · nonDerivative · entry 1

Browning William · CIK 0001600598 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,743

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-012485 · wf-form4_168212631473100.xml · nonDerivative · entry 1

Blakely Caroline · CIK 0001600619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,905

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2023.

SEC source: 0001628280-23-000994 · wf-form4_167357403742859.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,865

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 10, 2023 in multiple transactions at prices ranging from $10.80 to $10.95, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 32,000 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-23-000992 · wf-form4_167357389526100.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,282

F1 · shares: Represents the number of shares of common stock sold by the reporting person to cover tax withholding obligations in connection with the vesting of the common stock.

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold on January 10, 2023 in multiple transactions at prices ranging from $10.81 to $10.98, inclusive. The reporting person undertakes to provide to Ares Commercial Real Estate Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote.

F3 · balance_after: Includes 109,666 restricted stock units granted under the Ares Commercial Real Estate Corporation Amended and Restated 2012 Equity Incentive Plan. The restricted stock units vest in installments with the applicable restricted stock unit award agreement. Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting.

SEC source: 0001628280-22-031690 · wf-form4_167062769315864.xml · nonDerivative · entry 1

FEINGOLD ANTON · CIK 0001689690 · Gen. Counsel VP and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,031

F1 · shares: 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, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 40,000 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.

SEC source: 0001628280-22-031692 · wf-form4_167062781016361.xml · nonDerivative · entry 1

Yoon Tae Sik · CIK 0001332608 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 179,253

F1 · shares: Granted under 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, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 89,287 restricted stock unit 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 with the applicable restricted stock unit award agreement.

SEC source: 0001628280-22-031687 · wf-form4_167062747512933.xml · nonDerivative · entry 1

Donohoe Bryan Patrick · CIK 0001796172 · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 172,354

F1 · shares: 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, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

F2 · balance_after: Reported amount includes 150,416 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.

SEC source: 0001628280-22-010894 · wf-form4_165110467958753.xml · nonDerivative · entry 1

SKINNER JAMES E · CIK 0001122008 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,089

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2022.

SEC source: 0001628280-22-010897 · wf-form4_165110495237053.xml · nonDerivative · entry 1

Parekh Rebecca Jaisali · CIK 0001898953 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,130

F1 · shares: Represents a grant of restricted stock pursuant to Ares Commercial Real Estate Corporation's Amended and Restated 2012 Equity Incentive Plan. The shares of restricted stock are scheduled to vest ratably on a quarterly basis over a one-year period on the first business day of each fiscal quarter beginning July 1, 2022.