Sun Communities (SUI) director awarded 1,617 deferred restricted stock rights

Rhea-AI Filing Summary

Sun Communities, Inc. director Mark A. Denien received 1,617 deferred restricted common stock rights on February 5, 2026. These rights represent shares of restricted common stock that fully vest on February 5, 2029, if he remains a director. He has elected to defer receiving the shares until June 2031 under the company’s Non-Employee Directors Deferred Compensation Plan. Following this grant, he also holds 1,200 shares of common stock directly.

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^*

Denien Mark A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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								1,200	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
DEFERRED RESTRICTED COMMON STOCK RIGHTS	(1)	02/05/2026		A		1,617		(1)	(1)	COMMON STOCK, $0.01 PAR VALUE	0	(1)	1,617	D

Explanation of Responses:

1. Represents the right to receive shares of restricted common stock granted to the reporting person on February 5, 2026. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until June 2031, subject to the other provisions of the deferred compensation plan. All such shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.

Remarks:

	Mark A. Denien	02/09/2026
	** 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 did Sun Communities (SUI) director Mark Denien report on this Form 4?

Director Mark A. Denien reported receiving 1,617 deferred restricted common stock rights from Sun Communities, Inc. on February 5, 2026. These rights are part of his compensation as a non-employee director and convert into common shares if vesting conditions are satisfied.

How many deferred restricted common stock rights did Mark Denien receive from SUI?

Mark A. Denien received 1,617 deferred restricted common stock rights on February 5, 2026. These rights represent future shares of Sun Communities common stock, subject to vesting and his continued service as a director or as a director of a subsidiary.

When do Mark Denien’s Sun Communities deferred restricted shares vest and pay out?

All 1,617 deferred restricted common stock rights vest on February 5, 2029, if Mark A. Denien remains a director of Sun Communities, Inc. or a subsidiary. He has elected to defer actual receipt of the vested shares until June 2031 under the deferred compensation plan.

What is the nature of Mark Denien’s ownership of Sun Communities common stock?

After the reported transactions, Mark A. Denien directly owns 1,200 shares of Sun Communities common stock. In addition, he holds 1,617 deferred restricted common stock rights that will convert into shares in the future, subject to vesting and deferral elections.

Was there any purchase price for Mark Denien’s deferred restricted stock rights at SUI?

The deferred restricted common stock rights were granted to Mark A. Denien with a reported transaction price of $0.0000 per right. This indicates they were awarded as part of his director compensation rather than acquired through an open market or cash purchase.

What plan governs Mark Denien’s deferred stock award from Sun Communities?

The award is governed by the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan. Under this plan, Mark A. Denien elected to defer receipt of the restricted shares, assuming they vest, until June 2031, subject to all other provisions of that plan.