Form 4: Sunrise Realty Trust President Robyn Tannenbaum Reports Stock Purchase

Robyn Tannenbaum, President of Sunrise Realty Trust, reported the purchase of 568 shares of common stock at an average price of $11.56.

Summary

• On August 19, 2024, Robyn Tannenbaum, President of Sunrise Realty Trust, purchased 568 shares of common stock.
• The purchase price averaged $11.56 per share, with individual trades ranging from $11.55 to $11.75.
• Following the transaction, Tannenbaum directly owns 25,527 shares.
• Tannenbaum also has indirect ownership through UTMA accounts for her daughters (1,000 shares), her spouse (1,270,763 shares), the Tannenbaum Family Foundation (325,627 shares), and the Tannenbaum Family 2012 Trust (58,958 shares).
• Tannenbaum disclaims beneficial ownership of shares held by her spouse, the Tannenbaum Family Foundation, and the Tannenbaum Family 2012 Trust, except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock purchase by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives and their potential impact on the stock.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder confidence, as it signals that a company executive is investing in the company's stock.

Key Dates