Sunrise Realty Trust Inc SEC Filings

Sunrise Realty Trust, Inc. (SUNS) reported insider buying by an executive chairman and 10% owner. On 11/18/2025, the reporting person purchased 17,790 shares of common stock at a weighted average price of $9.45. On 11/19/2025, they bought another 3,592 shares at $9.48, and on 11/20/2025 they acquired 21,408 shares at $9.39, in each case through multiple trades within narrow price ranges.

After these transactions, the reporting person directly owned 2,998,226 SUNS common shares. They also reported several indirect holdings, including shares held by family trusts, a family foundation, as custodian for a child, and by a spouse, with beneficial ownership in some cases disclaimed except to the extent of any pecuniary interest.

Sunrise Realty Trust, Inc. (SUNS)11/14/2025, the reporting person bought 14,710 shares of common stock at a weighted average price of $9.38, and on 11/17/2025 they bought an additional 17,500 shares at a weighted average price of $9.61.

After these transactions, the reporting person directly owned 2,955,436 shares of Sunrise Realty common stock. The filing also lists additional indirect holdings through a family foundation, several family trusts, an UTMA custodial account, and the reporting person’s spouse. For most of these indirect positions, the reporting person formally disclaims beneficial ownership except to the extent of any pecuniary interest.

Sunrise Realty Trust, Inc. furnished an Item 2.02 Form 8-K noting it issued a press release with financial and operational results for the quarter ended September 30, 2025.

The press release is attached as Exhibit 99.1 and is furnished, not filed, under the Exchange Act.

Sunrise Realty Trust (SUNS) reported stronger Q3 results. Net income was $4.05 million, up from $1.74 million a year ago, with basic EPS of $0.30 versus $0.26. Interest income rose to $7.49 million from $3.22 million, lifting net interest income to $6.06 million from $3.18 million as the company expanded its loan book.

Total loans held for investment reached $250.4 million at carrying value as of September 30, 2025, compared with $130.7 million at year‑end. Cash and cash equivalents were $5.55 million, and shareholders’ equity increased to $184.6 million from $114.1 million. The CECL reserve was $0.43 million, or 0.17% of loans held at carrying value. SUNS declared $0.30 per share in quarterly dividends during Q3 (total $0.90 per share year‑to‑date). The revolving credit facility showed $67.2 million outstanding with $72.8 million available; commitments were increased to $140.0 million and mature on November 8, 2027. In January 2025, SUNS completed a public offering of 6,400,000 shares for net proceeds of approximately $71.3 million. Subsequent to quarter‑end, SUNS and an affiliate committed to new senior loans in Florida and Texas with stated rates tied to SOFR.

Sunrise Realty Trust, Inc. has a prospectus for up to 1,000,000 authorized but unissued shares of its common stock to be offered under a shareholder Plan. The stock trades on Nasdaq under the symbol SUNS, with a reported last sale price of $11.14 per share on September 2, 2025. The Plan permits any registered stockholder to participate with optional full or partial dividend reinvestment (minimum 10%), certificate safekeeping in book-entry form at no charge, detailed recordkeeping and reporting at no charge, and optional automatic bank withdrawals. The document includes references to recently filed quarterly and current reports and to the company's charter and tax treatment as a REIT, describing qualifying income and asset tests and various limitations and tax rules that apply to different categories of holders.

Sunrise Realty Trust insider purchases increased reported ownership. Leonard M. Tannenbaum, Executive Chairman, Director and >10% owner, reported purchases of common stock on 08/22/2025 and 08/26/2025 totaling 30,200 shares at weighted-average prices of $11.00 and $10.79 respectively, bringing his direct beneficial ownership to 2,923,226 shares. The filing also discloses significant indirect holdings: 448,681 shares held by the Tannenbaum Family Foundation, 15,000 shares in the Sunny 5 Irrevocable Trust, 58,958 shares in the Tannenbaum Family 2012 Trust, 33,132 shares held by his spouse, and 1,000 shares held as UTMA custodian for his son. Several indirect positions are disclaimed as not directly beneficial to the reporting person.

Leonard M. Tannenbaum, Executive Chairman, Director and 10% owner of Sunrise Realty Trust, Inc. (SUNS), purchased 10,411 shares of SUNS common stock on 08/20/2025 at a weighted average price of $10.42 per share. After the reported purchase, the filing shows 2,893,026 shares held directly by the reporting person. The Form 4 also discloses additional indirect holdings: 448,681 shares held by the Tannenbaum Family Foundation, 15,000 shares in the Sunny 5 Irrevocable Trust, 1,000 shares held as UTMA custodian for his son, 58,958 shares in the Tannenbaum Family 2012 Trust, and 33,132 shares held by his spouse, with standard disclaimers of non-beneficial ownership where noted.

The Form 4 was signed by an attorney-in-fact on 08/21/2025 and includes an explanation that the reported transaction price is a weighted average of multiple trades between $10.40 and $10.44.

Amendment No. 4 to Schedule 13D reports that Leonard M. Tannenbaum increased his beneficial ownership in Sunrise Realty Trust, Inc. Common Stock to 3,391,254 shares, representing 25.3% of the outstanding class based on 13,420,986 shares outstanding as of August 1, 2025. The filing states the additional shares were purchased in multiple open market transactions using personal funds since April 30, 2025, and are detailed on an attached Schedule A. The filing discloses 2,883,615 shares held directly by the reporting person and 507,639 shares held by related family entities for which he disclaims beneficial ownership.

Leonard M. Tannenbaum, Executive Chairman, Director and >10% owner of Sunrise Realty Trust, Inc. (SUNS), reported an open-market purchase of 4,406 shares of the issuer's common stock on 08/15/2025 at a weighted-average price of $10.50 per share. After the reported transaction the filing shows the Reporting Person directly beneficially owns 2,882,615 shares and indirectly beneficially owns additional shares held across related foundations and trusts totaling 556,771 shares (448,681; 15,000; 1,000; 58,958; plus 33,132 held by spouse). The report includes footnotes that several indirect holdings are held by the Tannenbaum Family Foundation and family trusts for which Mr. Tannenbaum disclaims beneficial ownership except to the extent of his pecuniary interest. The Form 4 was executed by an attorney-in-fact on 08/19/2025.