Welcome to our dedicated page for Sunrise Realty Trust SEC filings (Ticker: SUNS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sunrise Realty Trust, Inc. (Nasdaq: SUNS) files a range of documents with the U.S. Securities and Exchange Commission that shed light on its activities as a mortgage real estate investment trust and institutional commercial real estate lender. These SEC filings provide details on its lending focus in transitional CRE projects, capital markets transactions, non-GAAP performance metrics and REIT-related considerations.
On this page, you can review current reports on Form 8-K, where Sunrise Realty Trust discloses material events such as quarterly financial and operational results and the entry into significant agreements. For example, an 8-K describes the company’s Equity Distribution Agreement with Sunrise Manager LLC and Raymond James & Associates, Inc., which allows SUNS to offer and sell common stock in at-the-market offerings under an effective Form S-3 shelf registration. Other 8-K filings reference press releases announcing results for specific quarters, which include GAAP net income and Distributable Earnings.
As a Nasdaq-listed REIT, Sunrise Realty Trust also uses its SEC reports to explain its use of non-GAAP measures. The company defines Distributable Earnings as GAAP net income or loss adjusted for items such as stock-based compensation, depreciation and amortization, certain unrealized gains and losses, provisions for current expected credit losses, taxable REIT subsidiary income or loss and specified one-time events and non-cash charges, subject to oversight by its independent directors. These disclosures help readers understand how management evaluates performance and considers dividends within the REIT framework.
Stock Titan enhances access to these filings with AI-powered summaries that highlight key points from lengthy documents, helping users quickly identify items such as capital-raising arrangements, definitions of non-GAAP metrics and updates on financial results. Real-time updates from EDGAR mean that new 8-Ks, registration statements and related exhibits appear promptly, while insider transaction reports and other filings can be reviewed alongside the company’s broader regulatory history.
Sunrise Realty Trust, Inc. reported fourth quarter 2025 GAAP net income of
For full year 2025, the company generated GAAP net income of
The Board of Directors declared a first quarter 2026 cash dividend of
Sunrise Realty Trust, Inc. files its Annual Report describing a young, externally managed commercial real estate finance REIT focused on the Southern U.S. The company originates and invests mainly in senior mortgage, mezzanine and other CRE debt, targeting deal sizes of $15–250 million and loan holds of $15–100 million.
Loans generally run 2–5 years, carry floating rates over SOFR, and are structured with fees and loan-to-value ratios at or below approximately 75%, with a portfolio leverage goal of about 1.5:1 debt-to-equity and low-teens net IRR. As of February 27, 2026, management reports a potentially actionable pipeline of roughly $0.7 billion in CRE commitments under review.
Formed in 2023 and spun off from Advanced Flower Capital Inc. in July 2024, Sunrise elected REIT status for 2024 and is listed on Nasdaq under “SUNS.” It is externally managed by Sunrise Manager LLC, which earns a quarterly base fee of 0.375% of Equity plus performance-based incentive compensation tied to Core Earnings, subject to an annual clawback test, and is reimbursed for certain overhead. The 10-K highlights risks including portfolio concentration, market and interest-rate volatility, dependence on its manager, regulatory requirements for REIT and Investment Company Act status, and competition from other lenders.
Sunrise Realty Trust, Inc. amended its senior secured revolving credit facility, adding Customers Bank as a new lender and increasing total commitments by $25 million to $165 million. The facility, originally arranged with East West Bank in November 2024, remains expandable to $200 million, subject to conditions and additional lender participation.
The company plans to use the expanded revolver to fund new commercial real estate loan originations in its target markets, support future draws and unfunded commitments on existing loans, and manage liquidity and capital needs tied to portfolio growth.
Fagan James C. reported acquisition or exercise transactions in this Form 4 filing.
Sunrise Realty Trust director James C. Fagan received an equity award of 1,071 shares of common stock at $9.34 per share. These shares are restricted stock granted under the company’s Stock Incentive Plan and are scheduled to become fully vested on the first anniversary of January 2, 2026, subject to early termination and adjustment under the grant agreement.
After this grant, Fagan directly holds 11,664 common shares. The filing also notes an additional 8,840 common shares held indirectly through Civic Reserve LLC, a Wyoming limited liability company wholly owned by Fagan and his spouse.
Bond Jodi Hanson reported acquisition or exercise transactions in this Form 4 filing.
Sunrise Realty Trust director Jodi Hanson Bond received a grant of 1,071 shares of common stock on
Sunrise Realty Trust Executive Chairman Leonard M. Tannenbaum reported an acquisition of 13,384 shares of common stock on February 19, 2026 as a restricted stock grant under the company’s stock incentive plan at a price of
The restricted stock will vest over a three-year period, with approximately 33% vesting on each of the first, second and third anniversaries of
The filing also lists several indirect holdings, including shares held by the Tannenbaum Family Foundation, family trusts, a UTMA custodial account for his son, and shares held by his spouse. For these indirect positions, Tannenbaum disclaims beneficial ownership except to the extent of any pecuniary interest.
Sunrise Realty Trust director Frank Alexander reported an equity award of common stock. He acquired 1,071 shares of Sunrise Realty Trust common stock at a stated value of $9.34 per share, increasing his direct holdings to 10,906.536 shares after the transaction.
The shares are restricted stock granted under the company’s stock incentive plan and, according to the award terms, are scheduled to become fully vested on the first anniversary of January 2, 2026, subject to possible early termination or adjustment under the applicable grant agreement.
Tannenbaum Robyn reported acquisition or exercise transactions in this Form 4 filing.
Sunrise Realty Trust, Inc. President Robyn Tannenbaum reported receiving a grant of 13,384 shares of common stock as restricted stock under the company’s stock incentive plan, valued at $9.34 per share. The award will vest over three years, with approximately 33% vesting on each of the first, second and third anniversaries of January 2, 2026, subject to early termination and adjustment under the grant agreement.
Following this grant, she directly holds 46,516 common shares. The filing also lists several large indirect holdings, including blocks of 15,000, 1,000, 585,681, 58,958 and 3,024,610 shares held through family trusts, a family foundation and her spouse, where she generally disclaims beneficial ownership except to the extent of any pecuniary interest.
Sunrise Realty Trust CFO and Treasurer Hetzel Brandon acquired 12,045 shares of common stock through a restricted stock grant. The award was valued at $9.34 per share and increased his directly held stake to 25,287 shares after the transaction.
The restricted stock was granted under the company’s Stock Incentive Plan and will vest over three years, with about one-third vesting on each of the first, second and third anniversaries of January 2, 2026, subject to early termination and adjustment under the grant agreement.
SEDRISH BRIAN reported acquisition or exercise transactions in this Form 4 filing.
Sunrise Realty Trust, Inc. director and Chief Executive Officer Brian Sedrish reported receiving a grant of 14,276 shares of common stock as a restricted stock award under the company’s stock incentive plan. The award is fully vested as of February 19, 2026, at a reported price of $9.34 per share.
Following this grant, Sedrish directly holds 50,639 shares of Sunrise Realty Trust common stock. This was an equity compensation grant, not an open-market purchase or sale.