Form 4: SuRo Capital Corp. Chairman and CEO Mark Klein Buys $86,475 Worth of Company Stock

Sentiment:

SEC Form 4 Filing


Mark Klein, Chairman, CEO, and President of SuRo Capital Corp., purchased 16,500 shares of the company's common stock at an average price of $5.26 on May 9, 2025.

Summary

  • On May 9, 2025, Mark D. Klein, Chairman, CEO, and President of SuRo Capital Corp., acquired 16,500 shares of the company's common stock.
  • The shares were purchased at a weighted-average price of $5.26, with individual transactions ranging from $5.25 to $5.30 per share.
  • Following the transaction, Mr. Klein beneficially owns 1,216,019 shares of SuRo Capital Corp.
  • This total includes shares owned by Mr. Klein's spouse and restricted shares granted under the company's equity incentive plan.

Sentiment

Score: 7

Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's prospects. The amount is not particularly large relative to Klein's existing holdings, but it's still a positive signal.

Positives

  • The CEO's purchase of company stock may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. It's a common practice among executives and directors.

Stakeholder Impact

  • The stock purchase could positively influence shareholder sentiment.

Key Dates

DateDescription
12/15/2023Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan
12/10/2024Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan
05/09/2025Date of stock purchase transaction by Mark D. Klein

Keywords

SuRo Capital Corp, Mark Klein, stock purchase, beneficial ownership, Form 4, SSSS

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