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Sun Communities (SUI) EVP, COO reports 635-share tax-withholding stock disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sun Communities Inc EVP and COO Bruce Thelen reported a tax-related share disposition. On 2026-03-04, he disposed of 635 shares of common stock in a tax-withholding transaction at $135.86 per share, leaving 55,247 shares held directly after the transaction.

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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*
Thelen Bruce

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, COO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 F 635 D $135.86 55,247 D
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:
Remarks:
Bruce Thelen 03/05/2026
** 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 transaction did Sun Communities (SUI) report for Bruce Thelen?

Sun Communities reported that EVP and COO Bruce Thelen disposed of 635 shares of common stock on March 4, 2026. The transaction was a tax-withholding disposition rather than an open-market trade, reflecting shares delivered to cover tax obligations.

What was the price per share in Bruce Thelen’s Sun Communities (SUI) transaction?

Bruce Thelen’s tax-withholding disposition of Sun Communities common stock was reported at a price of $135.86 per share. This price applies specifically to the 635 shares delivered to satisfy tax obligations associated with equity compensation.

How many Sun Communities (SUI) shares does Bruce Thelen hold after this Form 4?

After the reported tax-withholding disposition, Bruce Thelen directly holds 55,247 shares of Sun Communities common stock. This post-transaction balance reflects his remaining direct ownership following the 635-share delivery for tax purposes on March 4, 2026.

Was Bruce Thelen’s Sun Communities (SUI) transaction a market sale or tax withholding?

The Form 4 identifies Bruce Thelen’s 635-share transaction as a tax-withholding disposition, coded “F.” This means shares were delivered to cover tax liabilities rather than sold in an open-market trade, according to the transaction code description provided.

What role does Bruce Thelen hold at Sun Communities (SUI) in this Form 4?

In this Form 4, Bruce Thelen is identified as an officer of Sun Communities, serving as Executive Vice President and Chief Operating Officer. His position is relevant because officers are required to report transactions in company equity under insider reporting rules.
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