Director at Sunrise Realty Trust (SUNS) receives 1,071-share restricted stock grant

Rhea-AI Filing Summary

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.

Insights

Corporate governance analyst

Routine director equity grant with vesting conditions, neutral for shareholders.

The transaction reflects a grant of 1,071 restricted shares of Sunrise Realty Trust common stock to director Frank Alexander at a reference price of $9.34 per share. Following this award, his directly held position totals 10,906.536 shares.

The award is issued under the company’s stock incentive plan as restricted stock and is scheduled to become fully vested on the first anniversary of January 2, 2026, subject to early termination or adjustment under the grant agreement. This structure ties compensation to continued service and share performance over time.

The filing does not indicate any open-market buying or selling; it documents an equity-based compensation grant. As such, it is best viewed as routine governance and compensation activity rather than a signal of changed sentiment, so the overall impact on an investment thesis appears neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FRANK ALEXANDER C

(Last) (First) (Middle)

525 OKEECHOBEE BLVD

SUITE 1650

(Street)

WEST PALM BEACH FL 33401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sunrise Realty Trust, Inc. [ SUNS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2026		A		1,071(1)	A	$9.34	10,906.536	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock granted under the Issuer's Stock Incentive Plan and shall become fully-vested on the first anniversary of January 2, 2026, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.

Remarks:

	/s/ Brandon Hetzel, as Attorney-in-Fact	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sunrise Realty Trust (SUNS) director Frank Alexander report in this Form 4?

Director Frank Alexander reported receiving 1,071 shares of Sunrise Realty Trust common stock as a restricted stock grant. The award increased his directly held stake to 10,906.536 shares, reflecting equity-based compensation rather than an open-market purchase or sale.

Was the Sunrise Realty Trust (SUNS) Form 4 transaction a stock purchase or sale?

The Form 4 reports an acquisition via grant, not an open-market trade. Frank Alexander received 1,071 restricted shares of common stock as a compensation award, coded as a grant, award, or other acquisition under the SEC’s transaction classifications.

What are the vesting terms of the restricted stock granted to the SUNS director?

The restricted stock is granted under Sunrise Realty Trust’s Stock Incentive Plan and is scheduled to become fully vested on the first anniversary of January 2, 2026, subject to potential early termination or adjustment under the applicable restricted stock grant agreement.

How many Sunrise Realty Trust (SUNS) shares does the director hold after this grant?

After receiving the 1,071-share restricted stock award, director Frank Alexander’s direct holdings in Sunrise Realty Trust common stock total 10,906.536 shares. This reflects only his ownership position following the reported grant in this particular Form 4 filing.

At what reference price was the Sunrise Realty Trust (SUNS) restricted stock grant recorded?

The restricted stock grant to director Frank Alexander was recorded at a stated value of $9.34 per share for 1,071 shares of common stock. This value is used for reporting purposes in the Form 4, rather than indicating an open-market purchase transaction.