Sun Communities (SUI) director awarded 1,617 deferred restricted stock rights
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Denien Mark A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DEFERRED RESTRICTED COMMON STOCK RIGHTS | 1,617 | $0.00 | -- |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
DEFERRED RESTRICTED COMMON STOCK RIGHTS — 1,617 shares (Direct);
COMMON STOCK, $0.01 PAR VALUE — 1,200 shares (Direct)
Footnotes (1)
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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.
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.