Mazur Marc 4
Research Summary
AI-generated summary
SuRo Capital (SSSS) Director Marc Mazur Receives Restricted Shares
What Happened
Marc Mazur, a director of SuRo Capital Corp. (SSSS), was granted 3,536 restricted common shares on June 10, 2026. The award was reported at $0.00 per share (transaction code A — grant/award), so the reported transaction value is $0. This is an equity grant (not a purchase or sale) that vests in the future rather than an immediate market transaction.
Key Details
- Transaction date: June 10, 2026; Filing date: June 12, 2026 (timely Form 4 filing).
- Security: 3,536 restricted common shares granted at $0.00 per share (reported value $0).
- Shares owned after transaction: Not disclosed in the provided filing.
- Transaction code: A = Award/Grant (restricted stock).
- Footnote: Shares vest in full on the earlier of (i) the first anniversary of the award (June 10, 2027) or (ii) the annual meeting closest to that date. The Board may accelerate vesting in connection with stockholder approval of the company’s externalization.
- No 10b5-1 plan, tax-withholding sale, or late filing indicated in the provided details.
Context
Restricted stock grants are commonly used to align directors’ interests with shareholders and typically do not signal an immediate buy or sell—value is realized only if/when shares vest and/or are sold. The vesting schedule and possible acceleration clause mean the award could convert to free-tradable shares by mid-2027 or earlier if the board accelerates vesting per the noted condition.