Form 4: SuRo Capital Corp. Director Leonard Potter Receives Restricted Stock Award

Director Leonard Potter acquired 12,048 shares of SuRo Capital Corp. common stock through a restricted stock award on June 5, 2024.

Summary

• On June 5, 2024, Leonard Potter, a director of SuRo Capital Corp., acquired 12,048 shares of common stock.
• The acquisition was a result of a restricted stock award granted under the company's Amended and Restated 2019 Equity Incentive Plan.
• The restricted shares vest on the earlier of June 5, 2025, or the date of the company's annual meeting of stockholders closest to that date.
• Following the transaction, Potter directly owns 94,467 shares of SuRo Capital Corp. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of restricted stock is a common practice and aligns the director's interests with shareholders. There are no indications of negative news or concerns.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes the director to remain with the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (directors, officers, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a grant of restricted stock to a director, which is a common practice for aligning management's interests with shareholders'.

Stakeholder Impact

• The grant of restricted stock aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates