Form 4: SuRo Capital Corp. CFO Allison Green Acquires 9,100 Shares

Sentiment:

SEC Form 4 Filing


Allison Green, CFO of SuRo Capital Corp., purchased 9,100 shares of the company's common stock at an average price of $5.48 per share.

Summary

  • Allison Green, the Chief Financial Officer of SuRo Capital Corp., has acquired 9,100 shares of the company's common stock.
  • The shares were purchased on December 2, 2024, at a weighted-average price of $5.48 per share.
  • The purchases were made in multiple transactions with prices ranging from $5.45 to $5.48 per share.
  • Following this transaction, Ms. Green directly owns 136,734 shares of SuRo Capital Corp. common stock.
  • This total includes restricted shares granted under the company's equity incentive plan on February 9, 2022, and December 15, 2023, which are subject to vesting schedules.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as the CFO's purchase of shares indicates confidence in the company, but it's a routine transaction and not a major event.

Positives

  • The purchase of shares by a key executive like the CFO can be seen as a positive signal of confidence in the company's future prospects.
  • The purchase increases the CFO's alignment with shareholder interests.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
  • The purchase of shares by a CFO is not unusual and is often seen as a positive sign, aligning management's interests with those of shareholders.
  • Comparable companies would also have similar filings when their executives trade shares.

Stakeholder Impact

  • The share purchase by the CFO could positively influence shareholder sentiment.
  • The purchase aligns the CFO's interests with those of the shareholders.

Key Dates

DateDescription
02/09/2022Date of restricted share grant under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan.
12/15/2023Date of restricted share grant under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan.
12/02/2024Date of the share purchase by Allison Green.

Keywords

SuRo Capital Corp, Allison Green, insider trading, share purchase, CFO, common stock, equity incentive plan

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