4Filed Apr 29, 8:00 PM ET
SuRo Capital (SSSS) Director Ronald M. Lott Sells 10,669 Shares
$SSSS · SURO CAPITAL CORP.Research Summary
AI-generated summary of this SEC filing
SuRo Capital (SSSS) Director Ronald M. Lott Sells 10,669 Shares
What Happened Ronald M. Lott, a director of SuRo Capital Corp. (SSSS), executed an open-market sale of 10,669 shares on April 28, 2026. The shares were sold at a weighted-average price of $12.90 per share for total proceeds of approximately $137,630. This was a sale (not a purchase), which is often routine insider selling and does not, by itself, indicate a change in company outlook.
Key Details
- Transaction date: 2026-04-28; Filing date: 2026-04-30 (filed two days after the trade; appears timely under the SEC’s 2-business-day Form 4 rule).
- Transaction type: Sale (open-market); Shares sold: 10,669; Weighted-average price: $12.90; Proceeds ≈ $137,630.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnote F1: Reported price is a weighted-average; the filer can provide a per-price breakdown to the SEC or company upon request.
- Footnote F2: The shares are held of record by the Ronald M. Lott Family Trust (dated 3/9/1992); Mr. Lott is trustee and beneficiary and may be deemed beneficial owner, though he disclaims ownership except to the extent of his pecuniary interest.
- Footnote F3: The filer notes that reported totals include restricted shares granted under the company’s equity plan that vest (or may vest) by May 28, 2026.
Context
- This filing reports a sale, which is less informative than purchases for signaling insider confidence. There is no indication here of option exercises, gifts, or tax-withholding transactions.
- All details above are factual from the Form 4; motivations for the sale are not stated in the filing.