Sun Communities (SUI) CAO has 172 shares withheld to cover taxes
Rhea-AI Filing Summary
Sun Communities SVP and Chief Accounting Officer Brian P. Loftus reported a routine tax-related share disposition. On March 9, 2026, 172 shares of common stock were withheld at $135.44 per share to satisfy tax obligations. After this transaction, he directly owns 10,311 shares of Sun Communities common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 172 shares
Net Sell
1 txn
Insider
Loftus Brian P
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK, $0.01 PAR VALUE | 172 | $135.44 | $23K |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 10,311 shares (Direct)
FAQ
What insider transaction did Sun Communities (SUI) report for Brian P. Loftus?
Sun Communities reported that SVP and Chief Accounting Officer Brian P. Loftus had 172 common shares withheld on March 9, 2026. The shares were used to cover tax obligations related to equity compensation, not an open-market stock sale.
Does the Brian Loftus Form 4 for Sun Communities (SUI) indicate an open-market stock sale?
No, the Form 4 uses transaction code "F", indicating shares withheld to pay taxes. This means 172 shares were applied toward tax liabilities rather than sold on the open market, making it a routine administrative equity-compensation event.
AI-generated analysis. How Rhea-AI works. Not financial advice.