SuRo Capital officer equity grant, tax withholding
SuRo Capital Corp. officer Allison Green reported equity compensation changes.
Rhea-AI Filing Summary
SuRo Capital Corp. officer Allison Green reported equity compensation changes. On June 12, 2026, Green was granted 60,000 restricted common shares that vest one-third each on June 12, 2027, 2028, and 2029 under the Second Amended and Restated 2019 Equity Incentive Plan.
On June 15, 2026, SuRo Capital’s board approved acceleration of Green’s unvested restricted shares in connection with stockholder approval of the company’s externalization, conditioned on a lock-up agreement mirroring the original vesting schedules. That day, 41,815 shares were withheld at $13.56 per share to cover tax obligations, leaving 207,990 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Green Allison
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 41,815 | $13.56 | $567K |
| Grant/Award | Common Stock | 60,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 207,990 shares (Direct)
Footnotes (3)
- F1. Restricted shares granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan, which vest as follows: 1/3 vests on June 12, 2027, 1/3 vests on June 12, 2028, and 1/3 vests on June 12, 2029.
- F2. This total includes (i) restricted shares granted under the SuRo Capital Corp. Amended and Restated 2019 Equity Incentive Plan on December 15, 2023, December 10, 2024 and May 16, 2025, which are subject to certain vesting schedules; and (ii) restricted shares granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan on November 21, 2025 and June 12, 2026, which are subject to certain vesting schedules. On June 15, 2026, in connection with the approval of the Company's externalization by its stockholders, the Board of Directors of the Company approved the acceleration of the vesting of the Reporting Person's unvested restricted shares, effective as of June 15, 2026, subject to the Reporting Person's entry into a lock-up agreement that replicates the holding periods of the existing vesting schedules applicable to such shares.
- F3. Shares withheld to satisfy the reporting person's tax obligations in connection with vesting of restricted shares on June 15, 2026. Transaction exempt from Section 16(b) pursuant to Rule 16b-3.
Key Figures
Restricted share grant: 60,000 shares
Tax-withheld shares: 41,815 shares
Withholding price: $13.56 per share
+4 more
7 metrics
Restricted share grant
60,000 shares
Common Stock grant on June 12, 2026
Tax-withheld shares
41,815 shares
Withheld to satisfy tax obligations on June 15, 2026
Withholding price
$13.56 per share
Price for tax-withholding disposition
Shares held after
207,990 shares
Direct ownership after June 15, 2026 transactions
Vesting schedule 1
1/3 on June 12, 2027
Restricted shares vesting under equity plan
Vesting schedule 2
1/3 on June 12, 2028
Restricted shares vesting under equity plan
Vesting schedule 3
1/3 on June 12, 2029
Restricted shares vesting under equity plan
Key Terms
Restricted shares, Second Amended and Restated 2019 Equity Incentive Plan, lock-up agreement, Section 16(b), +1 more
5 terms
Second Amended and Restated 2019 Equity Incentive Plan financial
"granted under the SuRo Capital Corp. Second Amended and Restated 2019 Equity Incentive Plan"
lock-up agreement financial
"subject to the Reporting Person's entry into a lock-up agreement that replicates the holding periods"
A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) pursuant to Rule 16b-3"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"Transaction exempt from Section 16(b) pursuant to Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
