Sun Communities (SUI) EVP and COO reports tax withholding share disposition

Rhea-AI Filing Summary

SUN COMMUNITIES INC executive Bruce Thelen, EVP and COO, reported a tax-related share disposition. On this Form 4, 1,025 shares of common stock were withheld at $131.32 per share to cover tax obligations, leaving him with 55,882 shares of directly owned common stock.

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

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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)
02/24/2026

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	02/24/2026		F		1,025	D	$131.32	55,882	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	02/25/2026
	** 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).
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FAQ

What insider transaction did SUN COMMUNITIES INC (SUI) report for Bruce Thelen?

SUN COMMUNITIES INC reported a tax-related share disposition for EVP and COO Bruce Thelen. 1,025 common shares were withheld to cover tax obligations, rather than sold on the open market, as part of equity compensation processing.

How many SUN COMMUNITIES INC (SUI) shares were disposed of for taxes?

A total of 1,025 SUN COMMUNITIES INC common shares were disposed of to satisfy tax liabilities. The transaction used a price of $131.32 per share, reflecting a standard tax-withholding mechanism tied to equity compensation rather than a discretionary market sale.

What is Bruce Thelen’s SUN COMMUNITIES INC (SUI) share ownership after this Form 4?

After this tax-withholding disposition, EVP and COO Bruce Thelen directly owns 55,882 SUN COMMUNITIES INC common shares. This figure reflects his remaining direct holdings following the withholding of 1,025 shares to satisfy related tax obligations on his equity compensation.

Was the SUN COMMUNITIES INC (SUI) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 identifies it as a tax-withholding disposition, meaning 1,025 shares were withheld by the company at $131.32 per share to cover Bruce Thelen’s tax liability tied to equity awards.

Who is the insider involved in the latest SUN COMMUNITIES INC (SUI) Form 4?

The insider is Bruce Thelen, Executive Vice President and Chief Operating Officer of SUN COMMUNITIES INC. He reported a tax-withholding disposition of 1,025 common shares, leaving him with direct ownership of 55,882 shares after the transaction was completed.