Form 4: SuRo Capital Corp. CFO Allison Green Receives 50,000 Restricted Shares
SEC Form 4
Allison Green, CFO of SuRo Capital Corp., acquired 50,000 restricted shares on May 16, 2025, according to a Form 4 filing.
Summary
- Allison Green, the Chief Financial Officer, Chief Compliance Officer, Treasurer, and Corporate Secretary of SuRo Capital Corp., reported a transaction on May 16, 2025.
- She acquired 50,000 shares of common stock.
- These shares were granted as restricted shares under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan.
- The shares vest in three equal installments: 1/3 on December 1, 2026, 1/3 on December 1, 2027, and 1/3 on December 1, 2028.
- Following the transaction, Green directly owns 197,313 shares, which includes previously granted restricted shares from December 15, 2023, and December 10, 2024, that are subject to vesting schedules.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The equity grant suggests confidence in the CFO and aligns her interests with shareholders, which is generally viewed favorably.
Positives
- The grant of restricted shares to the CFO aligns her interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the CFO.
Future Outlook
The document does not contain specific forward-looking statements, but the equity grant suggests an expectation of continued service from the CFO.
Industry Context
Equity grants are a common practice in the financial industry to incentivize and retain key executives.
Comparison to Industry Standards
- Equity compensation is a standard practice across the financial industry.
- Companies like Blackstone, Apollo Global Management, and KKR also utilize equity-based compensation to align management's interests with shareholders.
- The vesting schedule of these grants is typical, often spanning several years to encourage long-term commitment.
Stakeholder Impact
- Shareholders may view the equity grant positively as it aligns management's interests with long-term value creation.
- Employees may see the grant as a sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 2019 | SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| 12/15/2023 | Previous grant date of restricted shares under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| 12/10/2024 | Previous grant date of restricted shares under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| 05/16/2025 | Date of transaction: Allison Green acquired 50,000 restricted shares |
| 05/19/2025 | Date of signature on the Form 4 filing |
| 12/01/2026 | First vesting date for 1/3 of the newly granted restricted shares |
| 12/01/2027 | Second vesting date for 1/3 of the newly granted restricted shares |
| 12/01/2028 | Third vesting date for 1/3 of the newly granted restricted shares |
Keywords
Form 4, SuRo Capital Corp, Allison Green, restricted shares, equity incentive plan, beneficial ownership, CFO
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