Klein Mark D 4

What Happened

• Mark D. Klein, Chairman, CEO & President and a director of SuRo Capital (SSSS), was granted 350,000 restricted shares on June 12, 2026 (transaction code A, $0.00 acquisition).
• On June 15, 2026, 293,265 of those shares were withheld to satisfy tax obligations at an equivalent price of $13.56 per share (transaction code F), resulting in cash/tax value of about $3,976,673. Net new shares retained from this grant: 56,735. The tax-withholding disposition is not an open-market sale for investment purposes.

Key Details

• Transaction dates/prices: Grant 6/12/2026 (350,000 shares @ $0.00); Tax withholding 6/15/2026 (293,265 shares @ $13.56, ~$3.98M).
• Net effect: +56,735 shares retained after withholding.
• Vesting and acceleration: The June 12, 2026 restricted shares vest 1/3 on each of 6/12/2027, 6/12/2028 and 6/12/2029 (F1). The Board approved acceleration of vesting for the reporting person's unvested restricted shares effective 6/15/2026, subject to the insider entering a lock-up that replicates existing holding periods (F2).
• Withholding detail & exemption: Shares were withheld to satisfy tax obligations (F3). The withholding transaction is exempt from Section 16(b) under Rule 16b-3.
• Filing timing: Form filed 6/16/2026 reporting transactions on 6/12 and 6/15; the 6/12 grant was reported four days later than the grant date (check timeliness against the 2-business-day SEC rule).

Context

• This was an equity award (not an open-market buy or sell). Tax-withholding dispositions like this are routine administrative actions to cover tax liabilities on vesting and generally don’t signal a deliberate sale for investment purposes.
• The acceleration of vesting tied to the company’s externalization and the required lock-up are material governance items to note; they may affect future liquidity and timing of any future sales.