Sun Communities (NYSE: SUI) president gifts 1,119 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sun Communities, Inc. President and COO John Bandini McLaren reported charitable gifts of company stock. On May 26, 2026, he made two bona fide gifts totaling 1,119 shares of common stock, with 910 shares donated to a qualified education institution and 209 shares donated to a qualified religious organization.
After these gifts, McLaren directly held 76,428 shares of Sun Communities common stock in one line item and 75,518 shares in another, and indirectly held 10 shares through an IRA. These transactions were recorded at a price of $0.00 per share, reflecting their gift nature rather than a market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,119 shares gifted
Mixed
3 txns
Insider
McLaren John Bandini
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | COMMON STOCK, $0.01 PAR VALUE | 209 | $0.00 | -- |
| Gift | COMMON STOCK, $0.01 PAR VALUE | 910 | $0.00 | -- |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 76,428 shares (Direct, null);
COMMON STOCK, $0.01 PAR VALUE — 10 shares (Indirect, Shares held in IRA)
Footnotes (1)
- On May 26, 2026, the Reporting Person gifted 209 shares of common stock to a qualified religious organization. On May 26, 2026, the Reporting Person gifted 910 shares of common stock to a qualified education institution.
Key Figures
Total gifted shares: 1,119 shares
Gift to education institution: 910 shares
Gift to religious organization: 209 shares
+3 more
6 metrics
Total gifted shares
1,119 shares
Bona fide gifts on May 26, 2026
Gift to education institution
910 shares
Bona fide gift to qualified education institution
Gift to religious organization
209 shares
Bona fide gift to qualified religious organization
Direct holdings after one gift entry
75,518 shares
Total shares following 910-share gift
Direct holdings after other gift entry
76,428 shares
Total shares following 209-share gift
Indirect IRA holdings
10 shares
Shares held indirectly in an IRA
Key Terms
bona fide gift, qualified religious organization, qualified education institution, indirect ownership, +1 more
5 terms
bona fide gift financial
"transaction code description lists the transfers as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
qualified religious organization financial
"footnote states 209 shares were gifted to a qualified religious organization"
qualified education institution financial
"footnote states 910 shares were gifted to a qualified education institution"
indirect ownership financial
"one entry notes indirect ownership with nature of ownership as shares held in IRA"
COMMON STOCK, $0.01 PAR VALUE financial
"security title is listed as COMMON STOCK, $0.01 PAR VALUE"
FAQ
What did Sun Communities (SUI) President John Bandini McLaren report in this Form 4?
He reported two charitable gifts of Sun Communities common stock totaling 1,119 shares. The filing shows these as bona fide gifts at $0.00 per share, not market sales, and updates his remaining direct and indirect share holdings after the transfers.
Are the Sun Communities (SUI) stock gifts by McLaren open-market sales?
No, they are not open-market sales. The transactions are coded “G” as bona fide gifts, with a reported price of $0.00 per share, indicating transfers for charitable purposes rather than disposals for cash on the open market.
What transaction codes are used in McLaren’s Sun Communities (SUI) Form 4?
The filing uses the transaction code “G” for the two non-derivative entries, described as bona fide gifts. There is also one holding entry with no specific transaction code, reflecting 10 indirectly owned shares in an IRA without a buy or sell event reported.