Sun Communities (SUI) EVP and COO reports tax withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thelen Bruce
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 1,025 | $131.32 | $135K |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 55,882 shares (Direct)
Footnotes (1)
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.
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.