SuRo Capital director trust sells 10,669 shares
SuRo Capital Corp. director Ronald M. Lott reported an open-market sale of common stock by the Ronald M. Lott Family Trust, an entity associated with him.
Rhea-AI Filing Summary
SuRo Capital Corp. director Ronald M. Lott reported an open-market sale of common stock by the Ronald M. Lott Family Trust, an entity associated with him. The trust sold 10,669 shares at a weighted-average price of $12.90 per share. Lott may be deemed a beneficial owner of these trust shares but disclaims ownership beyond his pecuniary interest. Following the transactions, he also holds 7,812 shares directly, including restricted shares granted under SuRo Capital’s equity incentive plan that fully vest on the earlier of May 28, 2026 or the company’s next annual meeting closest to that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,669 shares
Net Sell
2 txns
Insider
LOTT RONALD M.
Role
Director
Sold
10,669 shs ($138K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,669 | $12.90 | $138K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,669 shares (Indirect, By Family Trust);
Common Stock — 7,812 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted-average price, rounded to the nearest hundredth. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, SuRo Capital Corp. (the "Company"), or a security holder of the Company's, full information regarding the number of shares sold at each separate price.
- F2. 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.
- F3. This total includes restricted shares granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan, which vest in full on the earlier of (i) the first anniversary of the award date (with such first anniversary being May 28, 2026) and (ii) the date of the Company's annual meeting of stockholders that is closest to the first anniversary of the award date.
Key Figures
Shares sold: 10,669 shares
Weighted-average sale price: $12.90 per share
Direct holdings after transaction: 7,812 shares
+1 more
4 metrics
Shares sold
10,669 shares
Common Stock sold by Ronald M. Lott Family Trust
Weighted-average sale price
$12.90 per share
Open-market sale price, rounded to nearest hundredth
Direct holdings after transaction
7,812 shares
Shares held directly by Ronald M. Lott following the filing
Restricted share vesting date
May 28, 2026
Earlier of this date or the closest annual meeting
Key Terms
weighted-average price, beneficially owned, pecuniary interest, restricted shares, +1 more
5 terms
weighted-average price financial
"The price reported in Column 4 is a weighted-average price, rounded to the nearest hundredth."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
beneficially owned financial
"may be deemed to be beneficially owned by Mr. Lott."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the Trust except to the extent of his pecuniary interest therein."
Equity Incentive Plan financial
"granted under the 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SuRo Capital (SSSS) disclose for Ronald M. Lott?
SuRo Capital disclosed an open-market sale by a trust linked to director Ronald M. Lott. The Ronald M. Lott Family Trust sold 10,669 shares of SuRo Capital common stock, as reported on a Form 4 insider filing.
What is the role of the Ronald M. Lott Family Trust in this SuRo Capital (SSSS) filing?
The Ronald M. Lott Family Trust is the entity that holds and sold the reported SuRo Capital shares. Lott is a trustee and beneficiary and may be deemed a beneficial owner but disclaims ownership beyond his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
