Sunrise Realty (SUNS) CFO receives 12,045 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hetzel Brandon
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,045 | $9.34 | $113K |
Holdings After Transaction:
Common Stock — 25,287 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sunrise Realty Trust (SUNS) report for Hetzel Brandon?
Sunrise Realty Trust reported that CFO and Treasurer Hetzel Brandon received 12,045 shares of common stock as a restricted stock grant, valued at $9.34 per share. The award was made under the company’s Stock Incentive Plan.
Is the SUNS insider transaction a purchase or an equity grant?
The SUNS insider transaction is an equity grant, not an open-market purchase. Hetzel Brandon received 12,045 restricted shares as a stock award under Sunrise Realty Trust’s Stock Incentive Plan at a grant price of $9.34 per share.
Under which plan was the SUNS restricted stock grant awarded?
The restricted stock grant to the SUNS CFO was awarded under Sunrise Realty Trust’s Stock Incentive Plan. The plan governs vesting over three years and allows early termination or adjustment as described in the restricted stock grant agreement.