STOCK TITAN

Sun Communities (SUI) EVP forfeits 6,000 performance stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sun Communities, Inc. executive vice president and chief administrative officer Marc Farrugia reported a change in his ownership of company stock. On 01/01/2026, 6,000 shares of common stock were forfeited at a price of $0. These shares were performance-based restricted stock awards granted on February 24, 2023 that were eligible to vest only if certain market performance criteria were achieved.

After this forfeiture, Farrugia beneficially owns 49,247 shares of Sun Communities common stock directly, 715 shares indirectly through his spouse, and 11,301 shares indirectly through a revocable trust.

Positive

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Negative

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Insider Farrugia Marc
Role EVP & Chief Admin. Officer
Type Security Shares Price Value
Disposition COMMON STOCK, $0.01 PAR VALUE 6,000 $0.00 --
holding COMMON STOCK, $0.01 PAR VALUE -- -- --
holding COMMON STOCK, $0.01 PAR VALUE -- -- --
Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 49,247 shares (Direct); COMMON STOCK, $0.01 PAR VALUE — 715 shares (Indirect, Owned by spouse)
Footnotes (1)
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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
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*
Farrugia Marc

(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 & Chief Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
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 01/01/2026 D 6,000(1) D $0 49,247 D
COMMON STOCK, $0.01 PAR VALUE 715 I Owned by spouse
COMMON STOCK, $0.01 PAR VALUE 11,301 I Owned by revocable trust
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 performance-based restricted stock awards granted to the Reporting Person on February 24, 2023 that were eligible to vest based on the achievement of certain market performance criteria.
Remarks:
Marc Farrugia 01/05/2026
** 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 insider transaction did Sun Communities (SUI) report for Marc Farrugia?

Executive vice president and chief administrative officer Marc Farrugia reported the forfeiture of 6,000 shares of Sun Communities common stock on 01/01/2026.

What type of Sun Communities (SUI) shares did Marc Farrugia forfeit?

The 6,000 forfeited shares were performance-based restricted stock awards granted on February 24, 2023, which were eligible to vest based on the achievement of certain market performance criteria.

Did Marc Farrugia receive any proceeds from the 6,000 Sun Communities (SUI) shares?

No cash proceeds were reported; the 6,000 shares were forfeited at a price of $0 per share.

How many Sun Communities (SUI) shares does Marc Farrugia own after this transaction?

Following the transaction, Marc Farrugia beneficially owns 49,247 shares directly, 715 shares indirectly through his spouse, and 11,301 shares indirectly through a revocable trust.

What is Marc Farrugia’s role at Sun Communities (SUI)?

Marc Farrugia is an officer of Sun Communities, serving as EVP & Chief Admin. Officer, as indicated in the filing.

What triggered the forfeiture of the performance-based restricted stock at Sun Communities (SUI)?

The filing states that the 6,000 shares represent the forfeiture of performance-based restricted stock awards that were eligible to vest based on the achievement of certain market performance criteria.

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United States
SOUTHFIELD