Sun Communities (SUI) director links to 7,000-share sale, including wife’s IRA

Rhea-AI Filing Summary

Sun Communities director Lewis Clunet R reported selling a total of 7,000 shares of common stock in open-market transactions. On March 5, 2026, he sold 3,800 shares directly at a volume-weighted average price of $136.01, with trades ranging from $136.01 to $136.15. He also reported the sale of 3,200 shares held indirectly through his wife’s IRA at a volume-weighted average price of $136.15, with trades between $136.07 and $136.19, and he disclaims beneficial ownership of those IRA shares. Following these sales, he directly owns 16,817 shares of Sun Communities common stock.

Insider Trade Summary

Net Seller: 7,000 shares ($952,518)

Net Sell 2 txns

Insider LEWIS CLUNET R

Role Director

Sold 7,000 shs ($953K)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK, $0.01 PAR VALUE	3,800	$136.01	$517K
Sale	COMMON STOCK, $0.01 PAR VALUE	3,200	$136.15	$436K

Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 16,817 shares (Direct); COMMON STOCK, $0.01 PAR VALUE — 0 shares (Indirect, By Wife's IRA)

Footnotes (1)

1. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.01 to $136.15, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.07 to $136.19, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The Reporting Person disclaims beneficial ownership of such shares.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LEWIS CLUNET R

(Last) (First) (Middle)

27777 FRANKLIN ROAD

SUITE 300

(Street)

SOUTHFIELD MI 48034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SUN COMMUNITIES INC [ SUI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK, $0.01 PAR VALUE	03/05/2026		S		3,800	D	$136.01(1)	16,817	D
COMMON STOCK, $0.01 PAR VALUE	03/05/2026		S		3,200	D	$136.15(2)	0	I	By Wife's IRA(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.01 to $136.15, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.07 to $136.19, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The Reporting Person disclaims beneficial ownership of such shares.

Remarks:

	Clunet R. Lewis	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock sales did Sun Communities (SUI) disclose for Lewis Clunet R?

Sun Communities (SUI) reported that director Lewis Clunet R was linked to total sales of 7,000 common shares. He sold 3,800 shares directly and reported 3,200 shares sold from his wife’s IRA, which he disclaims beneficial ownership of.

At what prices were the SUI shares sold in the latest Form 4 filing?

The SUI shares were sold at volume-weighted prices near $136 per share. Direct shares averaged $136.01 within a $136.01–$136.15 range; wife’s IRA shares averaged $136.15 within a $136.07–$136.19 range, reflecting multiple trades during the day.

How many Sun Communities (SUI) shares does Lewis Clunet R own after these sales?

After the reported transactions, Lewis Clunet R holds 16,817 SUI common shares directly. The Form 4 shows zero shares remaining in the indirectly held wife’s IRA account, and he specifically disclaims beneficial ownership of those IRA shares in a footnote.

What portion of the 7,000 SUI shares sold was held indirectly?

Of the 7,000 SUI shares reported sold, 3,200 were held indirectly through the director’s wife’s IRA. A footnote states the reporting person disclaims beneficial ownership of these IRA shares, clarifying that they are not treated as his personal holdings.

What type of transactions were reported in the SUI Form 4 for March 5, 2026?

The SUI Form 4 lists two open-market stock sales on March 5, 2026, both coded as “S.” One involved directly held shares; the other involved shares in a wife’s IRA, with all trades executed across price ranges that produced volume-weighted average sale prices.