Sun Communities (SUI) switches from Grant Thornton to Deloitte as auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Sun Communities, Inc. is changing its independent auditor. The board’s Audit Committee approved the appointment of Deloitte & Touche LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective when the company files its Form 10-Q for the quarter ending March 31, 2026, subject to Deloitte’s customary client acceptance procedures.
As part of this decision, the committee dismissed Grant Thornton LLP as auditor, effective upon completion of its services for the period ended March 31, 2026. Grant Thornton’s audit reports for 2024 and 2025 contained no adverse opinions or qualifications, and the company reports no disagreements or other reportable events with Grant Thornton, other than a previously disclosed material weakness in internal control over financial reporting as of December 31, 2024 that was remediated in 2025. Grant Thornton has been asked to provide a letter to the SEC confirming its agreement with these disclosures, which is included as an exhibit.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report: March 23, 2026
(Date of earliest event reported)
(Exact Name of Registrant as Specified in its Charter)
| (State of Incorporation) | Commission file number | (I.R.S. Employer Identification No.) | |||||||||||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||||||||||||||
(248 ) 208-2500
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 4.01 | Changes in Registrant’s Certifying Accountant. | ||||
On March 23, 2026, the Audit Committee (the "Committee") of the Board of Directors of Sun Communities, Inc. (the “Company”) approved the appointment of Deloitte & Touche LLP (“Deloitte”) as the new independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026. Subject to completion of its customary client acceptance procedures, Deloitte’s appointment is effective on the day the Company files its Quarterly Report on Form 10-Q for the quarter ending March 31, 2026 (the “Effective Date”).
During the fiscal years ended December 31, 2025 and 2024, and for the subsequent interim period preceding Deloitte’s appointment, the Company did not, nor did anyone on its behalf, consult with Deloitte with respect to (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and no written report or oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue or (b) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).
In connection with the Committee’s determination to appoint Deloitte, on March 23, 2026, the Committee dismissed Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm, effective upon completion of the current engagement's services for the period ended March 31, 2026.
The audit reports of Grant Thornton on the consolidated financial statements of the Company for each of the past two fiscal years ended December 31, 2025 and 2024, did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
During the Company’s two most recent fiscal years ended December 31, 2025 and 2024, and for the subsequent interim period preceding the date of the Form 8-K, (i) there were no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K) with Grant Thornton on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that if not resolved to Grant Thornton’s satisfaction, would have caused Grant Thornton to make reference thereto in its reports; and (ii) there were no reportable events (as defined by Item 304(a)(1)(v) of Regulation S-K), except for the previously disclosed material weakness in the Company's internal control over financial reporting as of December 31, 2024, which was remediated in 2025, relating to the lack of an effective risk assessment process that defined clear financial reporting objectives, that identified and evaluated risks of misstatement due to errors over certain financial reporting processes, or that developed internal controls to mitigate those risks. The Company has authorized Grant Thornton to respond fully to the inquiries of the successor auditor concerning the subject matter of this reportable event.
The Company provided Grant Thornton with a copy of the disclosures contained in this Current Report on Form 8-K and requested that Grant Thornton furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements contained herein. A copy of Grant Thornton’s letter, dated March 27, 2026, is filed as Exhibit 16.1 to this Current Report on Form 8-K.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits.
| Exhibit No. | Description | Method of Filing | ||||||
| 16.1 | Letter of Grant Thornton LLP dated March 27, 2026 | Filed herewith | ||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | Filed herewith | ||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| SUN COMMUNITIES, INC. | |||||||||||
Dated: March 27, 2026 | By: | /s/ Fernando Castro-Caratini | |||||||||
Fernando Castro-Caratini, Chief Financial Officer, Executive Vice President, Secretary and Treasurer | |||||||||||
FAQ
What change did Sun Communities (SUI) make to its independent auditor?
Sun Communities’ Audit Committee approved Deloitte & Touche LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. Deloitte’s role becomes effective when the company files its Form 10-Q for the quarter ending March 31, 2026, subject to standard acceptance procedures.
When does Deloitte’s appointment as auditor for Sun Communities (SUI) become effective?
Deloitte’s appointment becomes effective on the day Sun Communities files its Form 10-Q for the quarter ending March 31, 2026. This effective date is also subject to Deloitte completing its customary client acceptance procedures before formally assuming audit responsibilities.
What is happening to Sun Communities’ (SUI) previous auditor Grant Thornton?
Grant Thornton LLP is being dismissed as Sun Communities’ independent registered public accounting firm. The dismissal becomes effective upon completion of Grant Thornton’s current engagement covering the period ended March 31, 2026, after which Deloitte will assume the audit role for the company.
Did Grant Thornton issue any adverse opinions on Sun Communities’ (SUI) recent financial statements?
Grant Thornton’s audit reports on Sun Communities’ consolidated financial statements for the years ended December 31, 2025 and 2024 contained no adverse opinions or disclaimers. They were also not qualified or modified as to uncertainty, audit scope, or accounting principles during those years.
Were there any disagreements between Sun Communities (SUI) and Grant Thornton?
Sun Communities reports no disagreements with Grant Thornton over accounting principles, financial statement disclosure, or auditing scope during 2024, 2025, or the subsequent interim period. The company also notes there were no reportable events, other than a previously disclosed and later remediated internal control weakness.
What internal control issue did Sun Communities (SUI) previously report and later remediate?
Sun Communities had a material weakness in internal control over financial reporting as of December 31, 2024, related to an ineffective risk assessment process over certain financial reporting processes. The company states this material weakness was remediated in 2025 after corrective measures were implemented.
How is Grant Thornton involved with Sun Communities’ (SUI) disclosure to the SEC?
Sun Communities provided Grant Thornton with its disclosures and requested a letter to the SEC stating whether Grant Thornton agrees with the statements. That letter, dated March 27, 2026, is included as Exhibit 16.1, supporting the accuracy of the company’s description of the auditor transition.
Filing Exhibits & Attachments
4 documents
Sun Communities