Form 4: SuRo Capital Corp. Chairman, CEO, and President Reports Stock Transaction

Mark D. Klein, Chairman, CEO, and President of SuRo Capital Corp., reports the withholding of shares to cover tax obligations related to vesting restricted shares.

Summary

• On February 10, 2025, Mark D. Klein, Chairman, CEO, and President of SuRo Capital Corp., had 32,858 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, Mr. Klein beneficially owns 1,199,519 shares of SuRo Capital Corp.
• This total includes 14,659 shares owned by Mr. Klein's spouse and 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 standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, as it's a factual report of a routine event.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related withholding of shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, SuRo Capital Corp, Mark D. Klein, SSSS