Leonard M. Tannenbaum - Jan 29, 2025 Form 4 Insider Report for Sunrise Realty Trust, Inc. (SUNS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Brandon Hetzel, as Attorney-in-Fact
Stock symbol
SUNS
Transactions as of
Jan 29, 2025
Transactions value $
$12,000,000
Form type
4
Date filed
1/29/2025, 05:33 PM
Previous filing
Dec 23, 2024
Next filing
Feb 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUNS Common Stock Purchase $12M +1M +69.72% $12.00 2.43M Jan 29, 2025 Direct F1
holding SUNS Common Stock 420K Jan 29, 2025 See footnote F2
holding SUNS Common Stock 15K Jan 29, 2025 See footnote F3
holding SUNS Common Stock 1K Jan 29, 2025 By reporting person as UTMA custodian for son
holding SUNS Common Stock 59K Jan 29, 2025 See footnote F4
holding SUNS Common Stock 33.1K Jan 29, 2025 Held by spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,000,000 shares of common stock purchased by the Reporting Person at the public offering price of $12.00 per share of common stock in connection with the Issuer's public offering, which closed on January 29, 2025.
F2 These shares are held by the Tannenbaum Family Foundation (formerly known as the Leonard M. Tannenbaum Foundation), for which the Reporting Person serves as the President. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
F3 These shares are held by the Sunny 5 Irrevocable Trust for benefit of certain members of the Reporting Person's family, for which Jeffrey Boccuzzi is a Co-Trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
F4 These shares are held by the Tannenbaum Family 2012 Trust for benefit of certain members of the Reporting Person's family, for which Jeffrey Boccuzzi is a Co-Trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
F5 The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.