Form 4: SuRo Capital Corp. Chairman and CEO, Mark D. Klein, Acquires Additional Shares
SEC Form 4 Filing
Mark D. Klein, Chairman, CEO, and President of SuRo Capital Corp., purchased 743 shares of common stock at $5.49 per share on December 2, 2024.
Summary
- Mark D. Klein, the Chairman, CEO, and President of SuRo Capital Corp., acquired 743 shares of the company's common stock on December 2, 2024.
- The purchase price was $5.49 per share.
- Following the transaction, Mr. Klein's total beneficial ownership of common stock is 1,170,666 shares.
- This total includes shares owned by his spouse and restricted shares granted under the company's equity incentive plan.
Sentiment
Score: 6
Explanation: The document is a routine filing of an insider transaction. The purchase of shares by the CEO is a slightly positive signal, but not a major event.
Positives
- The purchase of shares by the CEO may indicate confidence in the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
- The level of detail provided in this filing is consistent with other similar filings from other companies.
- The transaction is relatively small in terms of the total number of shares owned by the CEO, which is not unusual for insider purchases.
Stakeholder Impact
- The purchase of shares by the CEO may be viewed positively by shareholders, indicating confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/10/2021 | Date of restricted share grant under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan. |
| 02/09/2022 | Date of restricted share grant under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan. |
| 12/15/2023 | Date of restricted share grant under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan. |
| 12/02/2024 | Date of the transaction where Mark D. Klein purchased 743 shares of common stock. |
| 12/04/2024 | Date of the filing of the SEC Form 4. |
Keywords
SuRo Capital Corp, Mark D. Klein, insider trading, share purchase, common stock, beneficial ownership, equity incentive plan
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