Form 4: SuRo Capital Corp. Director Ronald M. Lott Acquires Shares

Director Ronald M. Lott acquired 12,048 shares of SuRo Capital Corp. common stock on June 5, 2024, as part of a restricted share grant.

Summary

• On June 5, 2024, Ronald M. Lott, a director of SuRo Capital Corp., acquired 12,048 shares of common stock.
• The acquisition was a result of a restricted share grant under the company's Amended and Restated 2019 Equity Incentive Plan.
• These shares vest in full on the earlier of June 5, 2025, or the date of SuRo Capital Corp.'s annual meeting of stockholders closest to that date.
• Following the transaction, Lott directly owns 39,311 shares of SuRo Capital Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction (share acquisition) by a company director. It doesn't inherently indicate positive or negative sentiment, but rather a routine disclosure.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted shares.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates