Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

Sunrise Realty Trust, Inc. (SUNS)

Sunrise Realty Trust, Inc. is externally managed by Sunrise Realty Trust (micro-cap); its CEO, Brian Sedrish, is compensated by the manager, not the company, and the filing reports no company-paid total for fiscal year 2025 (SEC filing 0001140361-26-014817 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$227,562
Brandon Hetzel total, FY2025
Chief Financial Officer and Treasurer — highest-paid officer; CEO Brian Sedrish: paid by the manager
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CEO (Brian Sedrish) pay percentile vs peers
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CEO-to-median pay ratio
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SUNS's next annual pay disclosure, estimated April 15, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Brandon Hetzel$116,462$111,100$0$0$0$0$0$227,562
Chief Financial Officer and Treasurer
Robyn Tannenbaum35,19400000035,194
President
Brian Sedrish00000000
Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Brandon Hetzel$227,562$165,764—↑ +61,798
Robyn Tannenbaum35,194116,379—↓ −81,185
Brian Sedrish0499,991—↓ −499,991

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$227,562 Brandon Hetzel total, FY2025

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Data as of August 17, 2026 · Source: 0001140361-26-014817 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against SUNS
No companies currently name SUNS as a compensation peer in their most recent disclosure.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Brandon HetzelCFO$227,562
Brian SedrishCEO$0
Robyn TannenbaumExecutive Chairman$35,194
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alexander FrankLead Independent Director$70,000
James FaganIndependent Director$55,000
Jodi Hanson BondIndependent Director$55,000
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Leonard M. TannenbaumDirector2026-08-07A23,109$8$178,633CommonForm 4 ↗
Leonard M. TannenbaumDirector2026-08-10A25,0008194,750CommonForm 4 ↗
Leonard M. TannenbaumDirector2026-08-11A20,0008152,000CommonForm 4 ↗
Brandon HetzelCFO and Treasurer2026-08-12A71385,405CommonForm 4 ↗
Leonard M. TannenbaumDirector2026-08-13A50,0008375,000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Brian SedrishRSA2024-07-09——24,242—$499,991
Leonard M. TannenbaumRSA2024-12-19——40,558—800,007
Brandon HetzelRSA2024-12-19——3,803—75,008
Robyn TannenbaumRSA2024-12-19——5,070—100,006
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
TannenbaumPSU40,558—$382,462
TannenbaumPSU24,692—232,846
Brian SedrishPSU24,242—228,602
TannenbaumPSU7,598—71,649
TannenbaumPSU5,709—53,836
Brandon HetzelPSU2,850—26,876
TannenbaumPSU5,070—47,810
Brandon HetzelPSU3,803—35,862
TannenbaumPSU2,855—26,923
Brandon HetzelPSU714—6,733
Brandon HetzelPSU138—1,301
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledging—
07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Alexander FrankIndependent · Lead Independent Director · Audit and Valuation (Chair) · Compensation · Nominating and Corporate Governance$70,000$0$0——$70,000
James FaganIndependent · Audit and Valuation · Compensation (Chair) · Nominating and Corporate Governance55,00000——55,000
Jodi Hanson BondIndependent · Audit and Valuation · Compensation · Nominating and Corporate Governance (Chair)55,00000——55,000
Brian SedrishEmployee director—————0
Leonard M. TannenbaumNot independent · Board Chair——————
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer—
Per board meeting fee$0
Committee chair fees (audit / comp / nom-gov)10,000 / 5,000 / 5,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$180,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$180,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Sunrise Realty Trust, Inc.2025Brian Sedrish$0$0$0$0$0

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Sunrise Realty Trust, Inc. in fiscal 2025?
As disclosed, Brandon Hetzel (Chief Financial Officer and Treasurer) was the highest-paid executive at Sunrise Realty Trust, Inc. in fiscal 2025, with total compensation of $227,562.
How much does Sunrise Realty Trust, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Sunrise Realty Trust, Inc. reported total board compensation of $180,000 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Brandon HetzelDEF 14A2026-04-150001140361-26-014817Section “Executive Compensation”. As printed: 227,562. Filing ↗machine: r5 · c9 · span 186659–186666
2Section 01, Robyn TannenbaumDEF 14A2026-04-150001140361-26-014817Section “Executive Compensation”. As printed: 35,194. Filing ↗machine: r7 · c9 · span 189355–189361
3Section 01, Brian SedrishDEF 14A2026-04-150001140361-26-014817Section “Executive Compensation”. As printed: 0. Filing ↗
4Section 03, Brian Sedrish RSADEF 14A2026-04-150001140361-25-014175Section “OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: t64 · r1 · c4 · span 190218–190225
5Section 03, Leonard M. Tannenbaum RSADEF 14A2026-04-150001140361-25-014175Section “OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: t64 · r3 · c4 · span 194306–194313
6Section 03, Brandon Hetzel RSADEF 14A2026-04-150001140361-25-014175Section “OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: t64 · r5 · c4 · span 198309–198315
7Section 03, Robyn Tannenbaum RSADEF 14A2026-04-150001140361-25-014175Section “OF THE DIRECTOR NOMINEES. &” · grants of plan-based awards table. Filing ↗machine: t64 · r7 · c4 · span 202326–202333
8Section 07, pay ratioDEF 14A2026-04-150001140361-26-014817Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Alexander FrankDEF 14A2026-04-150001140361-26-014817Section “Director Compensation”. As printed: 70,000. Filing ↗machine: span 232048–232134
10Section 08, James FaganDEF 14A2026-04-150001140361-26-014817Section “Director Compensation”. As printed: 55,000. Filing ↗machine: span 236607–236693
11Section 08, Jodi Hanson BondDEF 14A2026-04-150001140361-26-014817Section “Director Compensation”. As printed: 55,000. Filing ↗machine: span 234328–234414
12Section 08, Brian SedrishDEF 14A2026-04-150001140361-26-014817Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Leonard M. TannenbaumDEF 14A2026-04-150001140361-26-014817Section “Director Compensation”. As printed: —. Filing ↗
14Section 02, Leonard M. Tannenbaum 2026-08-07Form 42026-08-110001628280-26-055710Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Leonard M. Tannenbaum 2026-08-10Form 42026-08-110001628280-26-055710Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Leonard M. Tannenbaum 2026-08-11Form 42026-08-130001628280-26-056738Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Brandon Hetzel 2026-08-12Form 42026-08-130001628280-26-056728Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Leonard M. Tannenbaum 2026-08-13Form 42026-08-170001628280-26-057409Insider equity transaction reported since the proxy statement. Filing ↗
19Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
20Section 09b board cost (computed)Computed——Cash 180,000 + equity 0 + all other 0 = 180,000, summed across the director compensation table rows.machine: formula: Σ = 180,000
21Sunrise Realty Trust, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-150001140361-26-014817CEO total compensation as printed in Sunrise Realty Trust, Inc.'s own proxy. As printed: 0. Filing ↗

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