Sun Communities (NYSE: SUI) EVP uses 579 shares for tax withholding

Rhea-AI Filing Summary

Sun Communities EVP & Chief Administrative Officer Marc Farrugia reported routine tax-withholding share dispositions related to equity compensation. On March 9, 2026, 579 shares of common stock were withheld at $135.44 per share to cover tax obligations, including 560 shares from his direct holdings and 19 shares from shares owned by his spouse. After these transactions, he held 46,496 shares directly, 643 shares indirectly through his spouse, and 11,301 shares indirectly through a revocable trust. These Form 4 entries do not reflect any open-market purchases or sales.

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^*

Farrugia Marc

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Admin. Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		F		560	D	$135.44	46,496	D
COMMON STOCK, $0.01 PAR VALUE	03/09/2026		F		19	D	$135.44	643	I	Owned by spouse
COMMON STOCK, $0.01 PAR VALUE								11,301	I	Owned by revocable trust

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:

Remarks:

	Marc Farrugia	03/11/2026
	** 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 Marc Farrugia report in his Sun Communities (SUI) Form 4?

Marc Farrugia reported tax-withholding share dispositions, not open-market trades. On March 9, 2026, 579 Sun Communities common shares were delivered to cover tax liabilities tied to equity compensation, while he retained substantial direct and indirect ownership stakes after the transaction.

How many Sun Communities (SUI) shares were used for tax withholding?

A total of 579 Sun Communities common shares were used for tax withholding. This included 560 directly held shares and 19 shares attributed to his spouse, all valued at $135.44 per share for the tax payment calculation.

Did Marc Farrugia sell Sun Communities (SUI) shares on the open market?

No, the Form 4 does not show any open-market sales. Both transactions are coded "F," meaning shares were delivered to satisfy tax liabilities from equity compensation, rather than discretionary buying or selling in the market.

What are Marc Farrugia’s Sun Communities (SUI) holdings after the Form 4 transactions?

After the transactions, Marc Farrugia held multiple Sun Communities positions. He owned 46,496 shares directly, 643 shares indirectly through his spouse, and 11,301 shares indirectly through a revocable trust, according to the reported post-transaction balances.

What does transaction code "F" mean in the Sun Communities (SUI) Form 4?

Code "F" indicates shares used to pay taxes on equity compensation. It reflects payment of an exercise price or tax liability by delivering securities, which is considered a tax-withholding disposition rather than a typical market buy or sell.