Form 4: SuRo Capital Corp. Chairman and CEO Mark Klein Buys $86,475 Worth of Company Stock
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
| Date | Description |
|---|---|
| 12/15/2023 | Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| 12/10/2024 | Restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan |
| 05/09/2025 | Date 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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