Sunrise Realty Trust, Inc.

Item 8.01 Other Events. On October 12, 2026, the Board of Directors (the “Board”) of Sunrise Realty Trust, Inc. (the “Company”) authorized a stock repurchase program (the “Repurchase Program”), pursuant to which the Company is authorized to repurchase up to $20.0 million of outstanding shares of its common stock, $0.01 par value per share (the “Common Stock”), through December 31, 2027. The Repurchase Program will not be effective until the closing of the Company’s acquisition of Southern Realty Trust Inc. (the “Merger”), and the Company will not make any repurchases under the Repurchase Program prior to the closing of the Merger. Following the closing of the Merger, the Company currently intends to repurchase at least $10.0 million of outstanding Common Stock as soon as practicable, with the remaining $10.0 million subject to specified pricing and other parameters. In each case, the Company expects the repurchases will be made through a written trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and subject to certain daily volume limitations and other conditions set forth therein and in accordance with Rule 10b-18 under the Exchange Act. The Company is not obligated to repurchase any specific number of shares or dollar amount, and the program may be modified, suspended or terminated at any time without prior notice. The timing and extent to which the Company repurchases its outstanding common stock will depend upon, among other things, market conditions, share price, liquidity, regulatory requirements and other factors, and repurchases may be commenced or suspended at any time without prior notice. Acquisitions under the Repurchase Program may be made in the open market, through privately negotiated transactions or block trades or other means, in accordance with applicable securities laws. A copy of the Company’s press release announcing the Repurchase Program is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.