[Form 4] Sun Communities, Inc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Farrugia Marc
Role
EVP & Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 14,147 | $125.06 | $1.77M |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 55,247 shares (Direct);
COMMON STOCK, $0.01 PAR VALUE — 715 shares (Indirect, Owned by spouse)
Footnotes (1)
- These shares of the Company's restricted stock were issued to the Reporting Person as a retention bonus under a retention program covering various executives and key employees of the Company. The retention bonuses under this program were issued as an additional incentive to retain the recipients' services through the period of transition in the Company's Chief Executive Officer position and beyond and to continue to promote the Company's success. These shares are subject to time vesting and vest as follows: 2,830 shares vest on July 21, 2026; 2,830 shares vest on July 21, 2027; 2,829 shares vest on July 21, 2028; 2,829 shares vest on July 21, 2029; and 2,829 shares vest on July 21, 2030. On March 7, 2025, the reporting person filed a Form 4 which inadvertently omitted a partial grant of 25 shares of restricted stock to his spouse. Reporting person's spouse received 275 shares instead of the initial 250 shares. All 275 shares are subject to time vesting; 55 shares vest on each of March 7, 2026, 2027, 2028, 2029 and 2030.
