4Filed Jun 11, 8:00 PM ET
SuRo Capital (SSSS) Director Ronald Lott Receives 3,536 Restricted Shares
$SSSS · SURO CAPITAL CORP.Research Summary
AI-generated summary of this SEC filing
SuRo Capital (SSSS) Director Ronald Lott Receives 3,536 Restricted Shares
What Happened
Ronald M. Lott, a director of SuRo Capital Corp. (ticker SSSS), was granted 3,536 restricted shares on June 10, 2026. The grant price is $0.00, so there was no cash paid; reported aggregate value at grant is $0. These are restricted stock awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely filing).
- Transaction type/code: A (award/grant). Price per share: $0.00; total reported value $0.
- Vesting: Scheduled to vest in full on the earlier of (i) the first anniversary of the award (June 10, 2027) or (ii) the company’s annual meeting closest to that anniversary. The Board may accelerate vesting in connection with the company’s externalization. (Footnote F1)
- Record ownership: 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 but disclaims ownership except to the extent of his pecuniary interest. (Footnote F2)
- Shares owned after transaction: Not specified in the Form 4 filing.
Context
Restricted-share awards are common compensation for directors; they do not require a cash outlay and typically vest over time (here, a one-year schedule or earlier at the annual meeting). Because these shares are restricted and subject to vesting, they do not indicate an immediate market trade or liquidity event.