Brian Sedrish, Chief Executive Officer and Director of Sunrise Realty Trust, Inc., filed a Form 4 on November 6, 2026, disclosing the acquisition of 159,404 shares of common stock on November 5, 2026, received upon completion of a merger involving Southern Realty Trust Inc.

Key Highlights

  • Reporting person: Brian Sedrish, Chief Executive Officer and Director of Sunrise Realty Trust, Inc. (NASDAQ:SUNS)
  • Transaction date: November 5, 2026, with transaction code J, at a price of $0
  • Shares acquired: 159,404 shares of common stock acquired, bringing total direct beneficial ownership to 210,043 shares
  • Source of shares: Shares received upon completion of the merger of Southern Realty Trust Inc. with and into a wholly owned subsidiary of Sunrise Realty Trust, Inc.
  • Conversion ratio: Each share of SRT common stock was converted into 1.45 shares of Issuer common stock, rounded up to the nearest whole share, plus a cash amount equal to $0.05
  • Restricted shares included: 24,168 restricted shares received in exchange for 16,667 SRT restricted shares, subject to vesting on January 2, 2027 and January 2, 2028 in substantially equal installments
  • Fully vested shares: 135,236 fully vested shares received in exchange for 93,266 SRT common shares

Sedrish's Share Acquisition Reflects SRT Merger Conversion at Sunrise Realty Trust

According to the filing, Brian Sedrish, serving as both Chief Executive Officer and Director of Sunrise Realty Trust, Inc. (NASDAQ:SUNS), acquired 159,404 shares of Issuer common stock on November 5, 2026, through a transaction coded "J," reflecting an exchange of securities rather than an open-market purchase. The shares were received at a price of $0 and arose from the completion of the merger of Southern Realty Trust Inc. ("SRT") with and into a wholly owned subsidiary of the Issuer.

The filing states that under the merger terms, each share of SRT common stock was converted into 1.45 shares of Issuer common stock, rounded up to the nearest whole share, plus a cash amount equal to $0.05. Of the 159,404 shares received, the filing identifies two components: 24,168 restricted shares of Issuer common stock received in exchange for 16,667 shares of SRT restricted common stock, which "remain subject to the original vesting schedule and vest in substantially equal installments on January 2, 2027 and January 2, 2028," and 135,236 fully vested shares of Issuer common stock received in exchange for 93,266 shares of SRT common stock.

Following the reported transaction, Sedrish's direct beneficial ownership in Sunrise Realty Trust, Inc. stands at 210,043 shares, according to the filing. The Form 4 was signed by Brandon Hetzel as Attorney-in-Fact and filed on November 6, 2026.

What Was Disclosed

Brian Sedrish filed a Form 4 reporting the receipt of 159,404 shares of Sunrise Realty Trust common stock on November 5, 2026, through the conversion of SRT shares in a merger, bringing his total direct beneficial ownership to 210,043 shares.