Tannenbaum Robyn 4

What Happened

• Robyn Tannenbaum, President of Sunrise Realty Trust (SUNS), was granted 13,384 restricted shares on Feb 19, 2026. The reported grant price was $9.34 per share, for a total reported value of $125,007. This was an award/grant (Form 4 Code "A") — a compensation issuance rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-19, 13,384 shares at $9.34 each (total $125,007).
• Vesting: These are restricted stock awards that vest over three years (~33% on each of the first, second and third anniversaries of Jan 2, 2026) (Footnote F1).
• Shares owned after transaction: Not specified in the reported filing.
• Other footnotes: Several holdings are reported as held in family trusts or a family foundation for which the reporting person disclaims beneficial ownership except for any pecuniary interest (Footnotes F2–F5).
• Filing timing: Form filed on Feb 23, 2026 reporting the Feb 19 transaction. The filing itself does not include a late‑filing code in the summary information provided.

Context

• This transaction is an equity compensation award, commonly used to retain and incentivize executives. Such awards are not equivalent to insider purchases from market liquidity and should be interpreted as compensation rather than a direct market signal. The shares will vest over time per the grant agreement and may be subject to forfeiture or adjustment as described in the applicable agreement.