STOCK TITAN

Sun Communities (NYSE: SUI) affiliate notifies proposed sale of 26,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sun Communities affiliate filed a Form 144 reporting proposed sales of Common Stock totaling 26,000 shares. The filing lists three restricted stock award lots granted on 03/17/2021 (6,800), 02/23/2022 (13,600) and 02/24/2023 (5,600) as the securities to be sold. The broker listed is Ameriprise Financial Services, LLC and the filing shows the exchange as NYSE with an issuer reference date of 06/24/2026.

Positive

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Negative

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Insights

Form 144 notice of proposed resale of restricted awards by an affiliate.

The filing lists proposed sales of 26,000 shares derived from three restricted stock awards dated 03/17/2021, 02/23/2022, and 02/24/2023. It names Ameriprise Financial Services, LLC as the broker-dealer and identifies NYSE as the exchange.

Regulatory focus is routine: verify holding periods, volume limitations, and compliance with Rule 144 resale conditions. Subsequent filings will show actual transactions and proceeds; timing and proceeds treatment are not specified in the provided excerpt.

Total shares to be sold 26,000 shares listed in the filing header
Award lot - 03/17/2021 6,800 shares Restricted Stock Award dated <date>03/17/2021</date>
Award lot - 02/23/2022 13,600 shares Restricted Stock Award dated <date>02/23/2022</date>
Award lot - 02/24/2023 5,600 shares Restricted Stock Award dated <date>02/24/2023</date>
Issuer reference date 06/24/2026 issuer/date field in filing header
Broker location Ameriprise Financial Services, LLC, Farmington Hills, MI broker details shown in the filing
Exchange NYSE exchange listed in filing header
Restricted Stock Award financial
"Restricted Stock Award | Sun Communities, Inc. | 6,800"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Equity Compensation financial
"03/17/2021 | Restricted Stock Award | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Sun Communities' Form 144 for SUI report?

It reports a proposed resale of 26,000 shares of Common Stock held as restricted awards. The filing lists three award lots dated 03/17/2021, 02/23/2022, and 02/24/2023 as the securities to be sold.

Who is the broker-dealer handling the proposed sale in the SUI Form 144?

The filing names Ameriprise Financial Services, LLC as the broker-dealer involved. The entry includes an address in Farmington Hills, Michigan, and identifies the exchange as NYSE with an issuer reference date of 06/24/2026.

Which restricted stock award lots are listed in the Form 144 for SUI?

The Form 144 lists three award lots: 6,800 shares (03/17/2021), 13,600 shares (02/23/2022), and 5,600 shares (02/24/2023). These are described as Restricted Stock Awards issued under equity compensation.

Does the Form 144 specify timing or proceeds from the SUI sales?

The excerpt does not state sale timing or proceeds treatment. It lists the broker and the shares proposed for resale; actual transaction dates, prices, and proceeds recipients are not included in the provided content.