SEDRISH BRIAN 4
Research Summary
AI-generated summary
Sunrise Realty (SUNS) CEO Brian Sedrish Receives Restricted Stock Award
What Happened
- Brian Sedrish, CEO of Sunrise Realty Trust (SUNS), was granted/received 14,276 restricted shares on February 19, 2026. The filing records an acquisition value of $9.34 per share, for a total value of $133,338. This was a stock award (grant) that is reported as fully vested as of the transaction date.
Key Details
- Transaction date and price: Feb 19, 2026 — 14,276 shares at $9.34 per share.
- Total value: $133,338 (14,276 × $9.34).
- Shares owned after transaction: Not specified in the provided report excerpt.
- Footnote: F1 — These are restricted shares granted under the issuer’s Stock Incentive Plan and are fully vested as of Feb 19, 2026.
- Filing timeliness: Report filed Feb 23, 2026; this appears to be a timely Form 4 filing (within the standard 2 business‑day window).
Context
- This was a compensation-related award/vesting event (transaction code A), not an open‑market purchase or sale. Fully vested restricted stock means the insider gained immediate ownership of the shares on the reported date. Such awards reflect executive compensation and do not, by themselves, indicate the insider’s buying or selling sentiment.