James C. Fagan - 10 Jul 2024 Form 4 Insider Report for Sunrise Realty Trust, Inc. (SUNS)

Role
Director
Signature
/s/ Brandon Hetzel, as Attorney-in-Fact
Issuer symbol
SUNS
Transactions as of
10 Jul 2024
Net transactions value
+$53,750
Form type
4
Filing time
17 Jul 2024, 16:35:14 UTC
Previous filing
02 Jul 2024
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUNS Common Stock Purchase $53,750 +5,000 +615% $10.75* 5,813 10 Jul 2024 Direct F1
holding SUNS Common Stock 8,840 10 Jul 2024 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 813 shares received in connection with the spin-off of the Issuer from AFC Gamma, Inc., of which 427 shares are restricted shares received in the spin-off from restricted common stock granted under AFC Gamma, Inc. Stock Incentive Plan and shall vest on the one-year anniversary of January 2, 2024, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
F2 Includes 8,840 shares of common stock received in connection with the spin-off of the Issuer from AFC Gamma, Inc.
F3 The shares are held directly by Civic Reserve LLC, a Wyoming limited liability company. Civic Reserve LLC is wholly owned by the Reporting Person and the Reporting Person's spouse.