Director at Sun Communities (NYSE: SUI) receives 1,617 restricted shares

Rhea-AI Filing Summary

Sun Communities director Jerome W. Ehlinger reported an award of 1,617 shares of common stock on February 5, 2026 at $123.68 per share. These are restricted shares that vest on February 5, 2029, as long as he continues serving as a director.

After this grant, he directly owns 3,217 common shares. He also holds 2,000 deferred restricted common stock rights, which represent the right to receive restricted shares granted February 28, 2024. These vest on February 28, 2027, with receipt deferred until January 3, 2028 under the company’s non-employee directors deferred compensation plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ehlinger Jerome W.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK, $0.01 PAR VALUE	1,617	$123.68	$200K
holding	DEFERRED RESTRICTED COMMON STOCK RIGHTS	--	--	--

Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 3,217 shares (Direct); DEFERRED RESTRICTED COMMON STOCK RIGHTS — 2,000 shares (Direct)

Footnotes (1)

1. Restricted stock. All shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary. Represents the right to receive shares of restricted common stock granted to the reporting person on February 28, 2024. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 3, 2028, subject to the other provisions of the deferred compensation plan. All such shares vest on February 28, 2027, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Ehlinger Jerome W.

(Last) (First) (Middle)

27777 FRANKLIN RD. 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		A		1,617(1)	A	$123.68	3,217	D

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
DEFERRED RESTRICTED COMMON STOCK RIGHTS	(2)							(2)	(2)	COMMON STOCK, $0.01 PAR VALUE	2,000		2,000	D

Explanation of Responses:

1. Restricted stock. All shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.

2. Represents the right to receive shares of restricted common stock granted to the reporting person on February 28, 2024. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 3, 2028, subject to the other provisions of the deferred compensation plan. All such shares vest on February 28, 2027, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.

Remarks:

	Jerome Ehlinger	02/09/2026
	** 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 Jerome Ehlinger report for Sun Communities (SUI)?

Jerome W. Ehlinger reported receiving 1,617 shares of Sun Communities common stock as a restricted stock award on February 5, 2026 at $123.68 per share. The grant increases his direct holdings to 3,217 shares, subject to the award’s vesting conditions over time.

When do Jerome Ehlinger’s new restricted shares in Sun Communities (SUI) vest?

The 1,617 restricted shares granted to Jerome W. Ehlinger vest on February 5, 2029, provided he remains a director of Sun Communities or a subsidiary. This four-year vesting schedule aligns the award with continued board service and long-term commitment to the company.

How many Sun Communities (SUI) shares does Jerome Ehlinger own after this Form 4?

After the reported transaction, Jerome W. Ehlinger directly owns 3,217 shares of Sun Communities common stock. In addition, he holds 2,000 deferred restricted common stock rights, which represent future shares subject to vesting and deferral elections under the company’s compensation plan.

What are Jerome Ehlinger’s deferred restricted common stock rights in Sun Communities (SUI)?

Ehlinger holds rights to receive 2,000 restricted common shares granted February 28, 2024. These vest on February 28, 2027 if he remains a director, and he has elected to defer actual receipt of the vested shares until January 3, 2028 under the deferred compensation plan.

What conditions apply to Jerome Ehlinger’s Sun Communities (SUI) equity awards?

Both the 1,617 restricted shares and the 2,000 deferred restricted stock rights require Jerome W. Ehlinger to remain a director of Sun Communities or a subsidiary through their respective vesting dates. The deferred rights also follow additional provisions in the non-employee directors deferred compensation plan.

Is Jerome Ehlinger’s Sun Communities (SUI) Form 4 transaction a purchase or a grant?

The Form 4 reflects an equity grant, not an open-market purchase. Jerome W. Ehlinger received 1,617 restricted shares of Sun Communities common stock as compensation, with a reported price of $123.68 per share and vesting tied to continued board service through February 5, 2029.