Sun Communities EVP disposes 1,234 shares for obligations
Sun Communities executive Marc Farrugia reported a Form 4 transaction in which 1,234 shares of common stock were disposed of on 2026-07-21 at $119.04 per share to satisfy exercise-price or tax obligations.
Rhea-AI Filing Summary
Sun Communities executive Marc Farrugia reported a Form 4 transaction in which 1,234 shares of common stock were disposed of on 2026-07-21 at $119.04 per share to satisfy exercise-price or tax obligations. Following this withholding, he directly holds 46,891 shares, plus indirect holdings of 14,586 shares in a revocable trust and 803 shares owned by his spouse. The filing indicates this transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,234 shares
Exercise Price or Tax Liability
3 txns
Insider
Farrugia Marc
Role
EVP & Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK, $0.01 PAR VALUE | 1,234 | $119.04 | $147K |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 46,891 shares (Direct);
COMMON STOCK, $0.01 PAR VALUE — 14,586 shares (Indirect, Owned by revocable trust);
COMMON STOCK, $0.01 PAR VALUE — 803 shares (Indirect, Owned by spouse)
Key Figures
Shares disposed: 1,234 shares
Disposition price: $119.04 per share
Direct holdings after transaction: 46,891 shares
+2 more
5 metrics
Shares disposed
1,234 shares
Shares withheld to satisfy exercise-price or tax obligations on 2026-07-21
Disposition price
$119.04 per share
Price per share for the 1,234-share tax/exercise-price disposition
Direct holdings after transaction
46,891 shares
Directly owned Sun Communities common stock following the Form 4 transaction
Revocable trust holdings
14,586 shares
Indirect ownership reported as Owned by revocable trust
Spouse holdings
803 shares
Indirect ownership reported as Owned by spouse
Key Terms
Payment of exercise price or tax liability by delivering or withholding securities, revocable trust, indirect ownership
3 terms
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F described as Payment of exercise price or tax liability by delivering or withholding securities"
revocable trust regulatory
"Nature of ownership for 14,586 shares is listed as Owned by revocable trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"Ownership_type marked as indirect for trust and spouse-held shares, indicating indirect ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Marc Farrugia report for Sun Communities (SUI)?
Marc Farrugia reported a disposition of 1,234 shares of Sun Communities common stock on 2026-07-21 at $119.04 per share. The shares were withheld to satisfy exercise-price or tax obligations, not as an open-market purchase or sale.
Was Marc Farrugia’s Sun Communities (SUI) transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is unchecked, indicating the transaction was not reported as being made under a Rule 10b5-1 trading plan. The timing therefore is not characterized as pre-scheduled by the company in this report.
What does the transaction code F mean in Marc Farrugia’s Sun Communities (SUI) Form 4?
Transaction code F denotes “Payment of exercise price or tax liability by delivering or withholding securities.” Here, 1,234 shares were disposed of to cover obligations tied to equity awards, rather than representing an ordinary market sale.
How are Marc Farrugia’s indirect Sun Communities (SUI) holdings structured?
The Form 4 shows indirect ownership of 14,586 shares held by a revocable trust and 803 shares owned by his spouse. These positions are reported as indirect ownership interests, distinct from his 46,891 directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
