Sun Communities (SUI) CFO forfeits 28,892 restricted shares on departure

Rhea-AI Filing Summary

Sun Communities executive Mark E. Patten, who served as Executive Vice President, Chief Financial Officer, Secretary and Treasurer, reported a disposition of company stock. On February 4, 2026, he forfeited 28,892 shares of common stock at a reference price of $127.92 per share.

The forfeited shares were from a time-based restricted stock award granted to him on January 5, 2026 and were forfeited due to his departure from these roles. Following this transaction, he reported owning no shares of Sun Communities common stock directly.

Insider Trade Summary

Net Seller: 28,892 shares

Net Sell 1 txn

Insider Patten Mark E

Role EVP, CFO, Sec. & Treas.

Type	Security	Shares	Price	Value
Disposition	COMMON STOCK, $0.01 PAR VALUE	28,892	$127.92	$3.70M

Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 0 shares (Direct)

Footnotes (1)

1. F1. Represents the forfeiture of time-based restricted stock award granted to the Reporting Person on January 5, 2026 due to departure from his role as Chief Financial Officer, Executive Vice President, Secretary and Treasurer of the Company.

FAQ

What insider transaction did Sun Communities (SUI) report for Mark E. Patten?

Mark E. Patten reported forfeiting 28,892 shares of Sun Communities (SUI) common stock. The shares were from a time-based restricted stock award and were forfeited back to the company rather than sold on the market.

When did the forfeiture of shares by Sun Communities (SUI) executive occur?

The forfeiture took place on February 4, 2026. This date is reported as the transaction date for the return of 28,892 restricted shares of Sun Communities common stock previously granted to executive Mark E. Patten.

Why did Mark E. Patten forfeit Sun Communities (SUI) restricted shares?

The forfeiture resulted from his departure from key executive roles at Sun Communities. The filing states the time-based restricted stock award was forfeited due to his leaving the positions of Chief Financial Officer, Executive Vice President, Secretary and Treasurer.

How many Sun Communities (SUI) shares does Mark E. Patten own after the transaction?

After the reported forfeiture, Mark E. Patten beneficially owns zero shares directly. The Form 4 shows 0 common shares beneficially owned following the disposition of 28,892 time-based restricted shares back to the issuer.

Was the Sun Communities (SUI) executive share disposition a market sale?

No, the disposition was a forfeiture to the issuer, not a market sale. The Form 4 uses transaction code "D" for a disposition to the issuer and explains the shares were forfeited from a restricted stock award upon his departure.

What was the reference price for the forfeited Sun Communities (SUI) shares?

The forfeited 28,892 Sun Communities shares were reported at $127.92 per share. This figure reflects the price per share used in the Form 4 for the disposition of the time-based restricted stock award.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/17/2026 - 03:37 PM Learn about SEC filing dates

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

X

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^*

Patten Mark E

(Last) (First) (Middle)

27777 FRANKLIN RD. 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, CFO, Sec. & Treas.

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

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	02/04/2026		D		28,892(1)	D	$127.92	0	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:

1. Represents the forfeiture of time-based restricted stock award granted to the Reporting Person on January 5, 2026 due to departure from his role as Chief Financial Officer, Executive Vice President, Secretary and Treasurer of the Company.

Remarks:

	Mark E. Patten	02/17/2026
	** 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.