FRANK ALEXANDER C 4
4 · Sunrise Realty Trust, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Sunrise Realty (SUNS) Director Frank Alexander Receives Award
What Happened
- Frank C. Alexander, a director of Sunrise Realty Trust, Inc. (SUNS), was granted 1,071 restricted shares on 2026-02-19. The award was recorded at $9.34 per share for a total value of $10,003. This was an equity award (grant/acquisition), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-02-19 — Award/Grant (code A)
- Price/value: $9.34 per share; total reported value $10,003
- Shares acquired: 1,071 restricted shares
- Shares owned after transaction: Not specified in the provided filing
- Vesting/footnote: Footnote F1 — these restricted shares “shall become fully-vested on the first anniversary of January 2, 2026,” subject to early termination/adjustment under the grant agreement
- Filing timeliness: Form 4 filed 2026-02-23; filing appears timely (within required reporting window)
Context
- This was a compensation-related restricted stock grant. Such awards reflect compensation/retention practices rather than an open-market bet by the insider, and vesting conditions can affect when the shares become freely tradable. No sale or exercise occurred in this filing.
Insider Transaction Report
Form 4
FRANK ALEXANDER C
Director
Transactions
- Award
Common Stock
[F1]2026-02-19$9.34/sh+1,071$10,003→ 10,906.536 total
Footnotes (1)
- [F1]Represents restricted stock granted under the Issuer's Stock Incentive Plan and shall become fully-vested on the first anniversary of January 2, 2026, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
Signature
/s/ Brandon Hetzel, as Attorney-in-Fact|2026-02-23