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.
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.
Leonard M. Tannenbaum, Executive Chairman, Director and reported 10% owner of Sunrise Realty Trust (SUNS), purchased a total of 53,175 common shares in two open-market transactions: 20,900 shares on 08/11/2025 at a weighted average price of $10.17 and 32,275 shares on 08/12/2025 at a weighted average price of $10.48. Following these purchases, the report shows direct beneficial ownership of 2,878,209 shares. The filing also discloses additional 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, 1,000 held by the reporting person as UTMA custodian for his son, and 33,132 shares held by his spouse; the filing includes disclaimers of beneficial ownership for certain trust and family holdings. No derivative securities were reported in Table II.
Sunrise Realty Trust, Inc. entered an Equity Distribution Agreement on August 13, 2025 with Sunrise Manager LLC and Raymond James & Associates to offer and sell shares of its common stock having an aggregate offering price of up to $50,000,000. The shares may be sold in "at-the-market" transactions under Rule 415(a)(4) through Raymond James, which will use commercially reasonable efforts consistent with its normal sales and trading practices to sell shares as directed by the Company. The Company will pay a sales commission not to exceed 2.0% of gross sales price for shares sold through the Sales Agent. Shares, if sold, will be issued under the Company’s Form S-3 registration statement (No. 333-289188) and related prospectus dated August 6, 2025, as supplemented August 13, 2025. The filing references an attached Equity Distribution Agreement (Exhibit 1.1) and a legal opinion from Venable LLP (Exhibit 5.1).
Sunrise Realty Trust (SUNS) registered an "at the market" offering to sell up to $50,000,000 of common stock through Raymond James as sales agent.
Proceeds are designated to fund existing delayed-draw construction loan commitments, originate new commercial real estate (CRE) loans and for working capital or general corporate purposes, which may include repayment of debt. The company reported an aggregate loan portfolio principal of approximately $251 million as of June 30, 2025. As of August 12, 2025, Sunrise had approximately $67 million outstanding under its revolving credit facility at a 7.10% interest rate and no amounts outstanding under its SRTF credit facility.