Leonard M. Tannenbaum - Aug 30, 2024 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
Aug 30, 2024
Transactions value $
$346,250
Form type
4
Date filed
9/3/2024, 06:22 PM
Previous filing
Aug 30, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUNS Common Stock Purchase $346K +25K +6.33% $13.85 420K Aug 30, 2024 See footnote F1, F2
holding SUNS Common Stock 1.27M Aug 30, 2024 Direct
holding SUNS Common Stock 15K Aug 30, 2024 See footnote F3
holding SUNS Common Stock 1K Aug 30, 2024 By reporting person as UTMA custodian for son
holding SUNS Common Stock 59K Aug 30, 2024 See footnote F4
holding SUNS Common Stock 25.5K Aug 30, 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 This transaction was executed in multiple trades ranging from $13.74 to $14.00; the price reported reflects the weighted average price. The Reporting Person herby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or any security holder of the issuer.
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.