Robyn Tannenbaum - 19 Dec 2024 Form 4 Insider Report for Sunrise Realty Trust, Inc. (SUNS)

Role
President
Signature
/s/ Brandon Hetzel, as Attorney-in-Fact
Issuer symbol
SUNS
Transactions as of
19 Dec 2024
Net transactions value
+$100,006
Form type
4
Filing time
23 Dec 2024, 16:10:32 UTC
Previous filing
30 Aug 2024
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUNS Common Stock Award $100,006 +7,605 +30% $13.15 33,132 19 Dec 2024 Direct F1
holding SUNS Common Stock 15,000 19 Dec 2024 See footnote F2
holding SUNS Common Stock 1,000 19 Dec 2024 By reporting person as UTMA custodian for daughters
holding SUNS Common Stock 420,181 19 Dec 2024 See footnote F3
holding SUNS Common Stock 58,958 19 Dec 2024 See footnote F4
holding SUNS Common Stock 1,434,213 19 Dec 2024 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 restricted stock granted under the Issuer's Stock Incentive Plan and shall become vested as to 33% of the total number of shares on the first, second and third anniversaries of December 19, 2024, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
F2 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 her pecuniary interest.
F3 These shares are held by the Tannenbaum Family Foundation (formerly known as the Leonard M. Tannenbaum Foundation), for which the Reporting Person's spouse serves as the President. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her 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 her 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.