Form 4: SuRo Capital Corp. CFO Allison Green Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Allison Green, CFO of SuRo Capital Corp., reports the withholding of shares to cover tax obligations related to vesting restricted shares.
Summary
- On February 10, 2025, Allison Green, CFO of SuRo Capital Corp., had 9,849 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted shares.
- The transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
- Following the transaction, Green beneficially owns 147,313 shares of SuRo Capital Corp.
- This total includes restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan on December 15, 2023 and December 10, 2024, which are subject to certain vesting schedules.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of equity compensation.
Key Dates
| Date | Description |
|---|---|
| December 15, 2023 | Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| December 10, 2024 | Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| February 10, 2025 | Date of transaction where shares were withheld for tax obligations |
| February 12, 2025 | Date of signature on the Form 4 filing |
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