Sun Communities (SUI) director Hermelin granted 1,617 restricted shares

Rhea-AI Filing Summary

Sun Communities director Brian M. Hermelin received a grant of 1,617 shares of restricted common stock on February 5, 2026. The shares were valued at $123.68 per share and will fully vest on February 5, 2029, if he remains a director of the company or a subsidiary.

After this award, Hermelin directly beneficially owns 27,317 common shares. He also indirectly beneficially owns 1,010 common shares held by family trusts, including a revocable trust where he is trustee and beneficiary and an irrevocable trust for his immediate family.

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

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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^*

HERMELIN BRIAN M

(Last) (First) (Middle)

27777 FRANKLIN ROAD

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	27,317	D
COMMON STOCK, $0.01 PAR VALUE								1,010	I	Shares are held by trusts(2)

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

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. Shares are held by (a) a revocable trust of which the reporting person is the trustee and beneficiary, and (b) an irrevocable trust of which the reporting person's spouse (but not the reporting person) is a trustee and of which the reporting person's immediate family members are beneficiaries.

Remarks:

	Brian M. Hermelin	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 did Sun Communities (SUI) director Brian M. Hermelin report in this Form 4?

Brian M. Hermelin reported receiving 1,617 shares of restricted Sun Communities common stock on February 5, 2026. The award increased his direct beneficial ownership to 27,317 shares, with additional indirect ownership of 1,010 shares held through family trusts.

How many Sun Communities (SUI) shares did Brian M. Hermelin receive and at what value?

Brian M. Hermelin received 1,617 shares of restricted Sun Communities common stock valued at $123.68 per share. This equity award reflects director compensation and is subject to a multi‑year vesting schedule tied to his continued board service through February 5, 2029.

When do Brian M. Hermelin’s restricted Sun Communities (SUI) shares vest?

Hermelin’s 1,617 restricted shares vest on February 5, 2029, provided he remains a director of Sun Communities, Inc. or a subsidiary. The award is therefore contingent on continued board service for approximately three years from the grant date.

How many Sun Communities (SUI) shares does Brian M. Hermelin beneficially own after this transaction?

After the grant, Hermelin beneficially owns 27,317 Sun Communities shares directly. He also indirectly owns 1,010 additional shares through family trusts, including a revocable trust where he is trustee and beneficiary and an irrevocable trust benefiting immediate family members.

How are the indirectly owned Sun Communities (SUI) shares held for Brian M. Hermelin?

The 1,010 indirectly owned Sun Communities shares are held by two trusts. One is a revocable trust where Hermelin serves as trustee and beneficiary. The other is an irrevocable trust where his spouse is a trustee and his immediate family members are beneficiaries.