SuRo Capital (SSSS) director trims stake with 500-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SuRo Capital Corp. director Ronald M. Lott reported an open-market sale of 500 shares of Common Stock at $12.35 per share. After this sale on June 23, 2026, he directly holds 3,036 shares. He also has indirect ownership of 18,481 shares through a family trust.
A footnote explains that these indirectly held shares include restricted shares granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan. Vesting of the company’s unvested restricted shares was accelerated in full effective June 15, 2026, following stockholder approval of the company’s externalization and related board action.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares ($6,175)
Net Sell
2 txns
Insider
LOTT RONALD M.
Role
null
Sold
500 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $12.35 | $6K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,036 shares (Direct, null);
Common Stock — 18,481 shares (Indirect, By Family Trust)
Footnotes (1)
- Includes shares granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan, which were scheduled to vest in full on the earlier of (i) the first anniversary of the award date (with such first anniversary being June 10, 2027) and (ii) the date of SuRo Capital Corp.'s annual meeting of stockholders that is closest to the first anniversary of the award date. In connection with the approval of the Company's externalization by its stockholders, the Board of Directors of the Company approved the acceleration in full of the vesting of the Company's unvested restricted shares, effective as of June 15, 2026. These shares are held of record by the Ronald M. Lott Family Trust dtd 3/9/1992 (the "Trust"), of which Mr. Lott is a trustee and beneficiary, and may be deemed to be beneficially owned by Mr. Lott. Mr. Lott disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 500 shares
Sale price: $12.35 per share
Direct holdings after sale: 3,036 shares
+3 more
6 metrics
Shares sold
500 shares
Open-market sale of Common Stock on June 23, 2026
Sale price
$12.35 per share
Price for 500-share open-market sale
Direct holdings after sale
3,036 shares
Common Stock directly owned after June 23, 2026 transaction
Indirect trust holdings
18,481 shares
Held by Ronald M. Lott Family Trust dtd 3/9/1992
Net shares sold
500 shares
Net buy/sell shares in this Form 4
Vesting acceleration date
June 15, 2026
Full acceleration of unvested restricted shares
Key Terms
Form 4, open-market sale, restricted shares, Equity Incentive Plan, +2 more
6 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Equity Incentive Plan financial
"SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
externalization regulatory
"approval of the Company's externalization by its stockholders"
Family Trust financial
"These shares are held of record by the Ronald M. Lott Family Trust"
FAQ
What insider transaction did SuRo Capital (SSSS) report for Ronald M. Lott?
SuRo Capital reported that director Ronald M. Lott sold 500 shares of Common Stock in an open-market transaction at $12.35 per share. Following this sale, he continues to hold shares both directly and indirectly through a family trust.
What does the SuRo Capital (SSSS) Form 4 say about Lott’s family trust holdings?
The Form 4 states that 18,481 shares are held by the Ronald M. Lott Family Trust dated March 9, 1992. Lott is a trustee and beneficiary and may be deemed to beneficially own these shares, though he disclaims ownership except for his pecuniary interest.