Hetzel Brandon 4
4 · Sunrise Realty Trust, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Sunrise Realty (SUNS) CFO Brandon Hetzel Receives 12,045-Share Award
What Happened
Brandon Hetzel, CFO and Treasurer of Sunrise Realty Trust, received an award of 12,045 restricted shares on 2026-02-19. The shares were recorded at $9.34 each, representing an aggregate value of approximately $112,500. This was an award/grant (transaction code A) under the issuer’s Stock Incentive Plan — a compensation grant rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-02-19, 12,045 shares at $9.34/share (total ≈ $112,500).
- Transaction type: Award/Grant (restricted stock), reported on Form 4 filed 2026-02-23.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Shares are restricted and vest roughly 33% on each of the first, second and third anniversaries of January 2, 2026, subject to early termination and other adjustments per the grant agreement.
- Filing timeliness: Form 4 was filed on 2026-02-23 for a 2026-02-19 grant — within the typical two-business-day reporting window.
Context
Restricted stock grants are a routine form of executive compensation intended to align management with shareholders; they are not the same as an insider buying stock on the open market. Vesting conditions mean the economic benefit is realized over time and may be forfeited if employment ends or other conditions occur.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19$9.34/sh+12,045$112,500→ 25,287 total
Footnotes (1)
- [F1]Represents restricted stock granted under the Issuer's Stock Incentive Plan and shall vest over a three-year period with approximately 33% vesting on each of the first, second and third anniversaries of January 2, 2026, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.