Jodi Hanson Bond - Jul 11, 2024 Form 4 Insider Report for Sunrise Realty Trust, Inc. (SUNS)

Role: Director
Signature: /s/ Brandon Hetzel, as Attorney-in-Fact
Stock symbol: SUNS
Transactions as of: Jul 11, 2024
Transactions value $: $189,109
Form type: 4
Date filed: 7/12/2024, 07:39 PM
Previous filing: Jul 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUNS	Common Stock	Purchase	$113K	+10K	+226.4%	$11.30^*	14.4K	Jul 11, 2024	Direct	F1
transaction	SUNS	Common Stock	Purchase	$76.1K	+6.05K	+41.96%	$12.58^*	20.5K	Jul 11, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 4,417 shares received in connection with the spin-off of the Issuer from AFC Gamma, Inc., of which 427 shares are restricted shares received in the spin-off from restricted common stock granted under AFC Gamma, Inc. Stock Incentive Plan and shall vest on the one-year anniversary of January 2, 2024, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
F2	This transaction was executed in multiple trades at prices ranging from $12.20 to $12.85; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.

Content

Includes 4,417 shares received in connection with the spin-off of the Issuer from AFC Gamma, Inc., of which 427 shares are restricted shares received in the spin-off from restricted common stock granted under AFC Gamma, Inc. Stock Incentive Plan and shall vest on the one-year anniversary of January 2, 2024, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.

This transaction was executed in multiple trades at prices ranging from $12.20 to $12.85; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.