Sun Communities (SUI) CFO delivers 7,858 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sun Communities Inc. executive vice president and CFO Fernando Castro-Caratini reported a tax-related share disposition tied to equity compensation. On March 9, 2026, he delivered 7,858 shares of common stock at $135.44 per share to cover tax obligations. After this non-market transaction, he directly held 33,748 shares of Sun Communities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Castro-Caratini Fernando
Role
EVP, CFO, Sec. & Treas.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 7,858 | $135.44 | $1.06M |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 33,748 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Sun Communities (SUI) report for Fernando Castro-Caratini?
Sun Communities reported that EVP and CFO Fernando Castro-Caratini delivered 7,858 shares of common stock to cover tax obligations. This tax-withholding disposition, coded “F,” relates to equity compensation rather than an open-market sale or discretionary trading activity.
Was the Sun Communities (SUI) insider transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 7,858 shares were delivered at $135.44 per share to satisfy tax liabilities arising from equity compensation awards, a routine administrative step.
What does transaction code “F” mean in the Sun Communities (SUI) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 7,858 Sun Communities shares were used to cover tax obligations tied to equity awards, not to execute an open-market buy or sell.