Form 4: Sunrise Realty Trust Executive Chairman Acquires 10,000 Shares

Leonard M. Tannenbaum, Executive Chairman of Sunrise Realty Trust, Inc., purchased 10,000 shares of common stock at an average price of $10.48 on May 8, 2025.

Summary

• On May 8, 2025, Leonard M. Tannenbaum, the Executive Chairman of Sunrise Realty Trust, Inc. (SUNS), acquired 10,000 shares of common stock.
• The purchase was made at a weighted average price of $10.48 per share, with individual trades ranging from $10.40 to $10.50.
• Following the transaction, Tannenbaum directly owns 2,785,216 shares of Sunrise Realty Trust.
• Tannenbaum also has indirect ownership of shares held by the Tannenbaum Family Foundation (420,181 shares), the Sunny 5 Irrevocable Trust (15,000 shares), the Tannenbaum Family 2012 Trust (58,958 shares), and shares held by his spouse (33,132 shares).
• He also owns 1,000 shares as UTMA custodian for his son.
• Tannenbaum disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by the Executive Chairman is a positive signal, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

• The Executive Chairman's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's important to consider the overall context of the company's performance and industry trends.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Sunrise Realty Trust, SUNS, Leonard M. Tannenbaum, Executive Chairman, stock purchase, Form 4, beneficial ownership, insider trading