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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 1,617 | $123.68 | $200K |
| holding | DEFERRED RESTRICTED COMMON STOCK RIGHTS | -- | -- | -- |
Footnotes (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.
FAQ
What insider transaction did Jerome Ehlinger report for Sun Communities (SUI)?
What are Jerome Ehlinger’s deferred restricted common stock rights in Sun Communities (SUI)?
What conditions apply to Jerome Ehlinger’s Sun Communities (SUI) equity awards?
Is Jerome Ehlinger’s Sun Communities (SUI) Form 4 transaction a purchase or a grant?