STOCK TITAN

Sun Communities (SUI) CFO sells 23,750 shares in open-market trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sun Communities Inc. executive Fernando Castro-Caratini, EVP, CFO, Secretary and Treasurer, reported open-market sales of company stock. He sold 23,750 shares of common stock in two transactions on May 26, 2026 at volume-weighted average prices of $124.37 and $124.97 per share.

These sales were executed in multiple trades within price ranges of $123.91–$124.89 and $124.96–$125.00. Following the transactions, he holds 12,487 shares of Sun Communities common stock directly.

Positive

  • None.

Negative

  • None.
Insider Castro-Caratini Fernando
Role EVP, CFO, Sec. & Treas.
Sold 23,750 shs ($2.96M)
Type Security Shares Price Value
Sale COMMON STOCK, $0.01 PAR VALUE 21,261 $124.37 $2.64M
Sale COMMON STOCK, $0.01 PAR VALUE 2,489 $124.97 $311K
Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 12,487 shares (Direct, null)
Footnotes (1)
  1. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $123.91 to $124.89, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $124.96 to $125.00, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Shares sold (total) 23,750 shares Open-market sales of common stock on May 26, 2026
First transaction 2,489 shares at $124.97/share Open-market sale, non-derivative common stock
Second transaction 21,261 shares at $124.37/share Open-market sale, non-derivative common stock
Holdings after transactions 12,487 shares Direct ownership following May 26, 2026 sales
Price range (first sale) $123.91–$124.89 Volume-weighted average price footnote F1
Price range (second sale) $124.96–$125.00 Volume-weighted average price footnote F2
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
volume weighted average price financial
"The price reported in Column 4 is a volume weighted average price."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
COMMON STOCK, $0.01 PAR VALUE financial
"security_title: COMMON STOCK, $0.01 PAR VALUE"
non-derivative financial
"transaction_type: non-derivative"
SEC Form 4
FORM 4UNITED 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*
Castro-Caratini Fernando

(Last)(First)(Middle)
27777 FRANKLIN ROAD
SUITE 300

(Street)
SOUTHFIELD MICHIGAN 48034

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SUN COMMUNITIES INC [ SUI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CFO, Sec. & Treas.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK, $0.01 PAR VALUE05/26/2026S21,261D$124.37(1)12,487D
COMMON STOCK, $0.01 PAR VALUE05/26/2026S2,489D$124.97(2)9,998D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $123.91 to $124.89, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $124.96 to $125.00, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Fernando Castro-Caratini05/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sun Communities (SUI) CFO Fernando Castro-Caratini report in this Form 4?

He reported open-market sales of 23,750 Sun Communities shares on May 26, 2026. These were routine Form 4 disclosures showing his personal trading activity and updated direct ownership position in the company’s common stock.

How many Sun Communities (SUI) shares did the CFO sell and at what prices?

He sold 23,750 shares of common stock in two transactions at volume-weighted average prices of $124.37 and $124.97 per share, with individual trades occurring within narrow intraday price ranges.

How many Sun Communities (SUI) shares does the CFO own after these transactions?

After the reported sales, Fernando Castro-Caratini directly owns 12,487 shares of Sun Communities common stock. This updated holding reflects his remaining direct equity position following the May 26, 2026 open-market transactions.

Were the Sun Communities (SUI) CFO’s trades single sales or multiple executions?

Each reported sale was executed as multiple trades within specified price ranges. Footnotes state prices from $123.91–$124.89 and $124.96–$125.00, with the reported prices representing volume-weighted averages across those executions.

What type of security did the Sun Communities (SUI) CFO sell?

He sold Sun Communities common stock with $0.01 par value. Both transactions involved the company’s standard common equity, reported as non-derivative securities under the Form 4 insider trading disclosure requirements.