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 $10.39 on May 15, 2025.

Summary

• On May 15, 2025, Leonard M. Tannenbaum, the Executive Chairman of Sunrise Realty Trust, Inc. (SUNS), acquired 10,000 shares of common stock.
• The purchase price was $10.39 per share, with individual trades ranging from $10.31 to $10.40.
• Following the transaction, Tannenbaum directly owns 2,795,216 shares.
• He also has indirect ownership through various entities, including 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).
• Additionally, he owns 1,000 shares as UTMA custodian for his son.
• Tannenbaum disclaims beneficial ownership of shares held by the Tannenbaum Family Foundation, the Sunny 5 Irrevocable Trust, the Tannenbaum Family 2012 Trust and shares held by his spouse, 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 could be interpreted as a sign of confidence, but it's a single transaction and doesn't provide definitive insight into 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 transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.

Stakeholder Impact

• Shareholders may view the Executive Chairman's purchase as a positive signal.
• The transaction has minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

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