Director Clunet R. Lewis receives 1,617 SUI shares as restricted stock grant

Rhea-AI Filing Summary

Sun Communities director Clunet R. Lewis reported receiving 1,617 shares of common stock on February 5, 2026, as an award of restricted stock at $123.68 per share. These shares vest on February 5, 2029, if he continues serving as a director.

After this grant, Lewis directly holds 27,617 shares of Sun Communities common stock. An additional 3,200 shares are held indirectly through his wife’s IRA, and he disclaims beneficial ownership of those indirectly held shares.

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

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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^*

LEWIS CLUNET R

(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	27,617	D
COMMON STOCK, $0.01 PAR VALUE								3,200	I	By Wife's IRA(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. The Reporting Person disclaims beneficial ownership of such shares.

Remarks:

	Clunet R. Lewis	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 SUI director Clunet R. Lewis report?

Clunet R. Lewis reported an award of 1,617 shares of Sun Communities common stock on February 5, 2026. The transaction was coded as an acquisition of restricted stock, reflecting equity-based compensation rather than an open-market purchase or sale of existing holdings.

At what price was the SUI restricted stock granted to Clunet R. Lewis?

The restricted stock granted to Clunet R. Lewis was valued at $123.68 per share. This price is used for reporting purposes on the Form 4 and represents the per-share fair value applied to the 1,617-share restricted stock award.

How many SUI shares does Clunet R. Lewis own after this Form 4 transaction?

After the reported transaction, Clunet R. Lewis directly holds 27,617 shares of Sun Communities common stock. In addition, 3,200 shares are held indirectly through his wife’s IRA, which are reported separately with a disclaimer of beneficial ownership by Lewis.

When do Clunet R. Lewis’s SUI restricted shares vest?

All 1,617 restricted shares granted to Clunet R. Lewis vest on February 5, 2029. Vesting is contingent on his continued service as a director of Sun Communities, Inc. or one of its subsidiaries through that vesting date, according to the filing footnote.

How are the SUI shares held in Clunet R. Lewis’s wife’s IRA reported?

The filing shows 3,200 Sun Communities shares held indirectly through Clunet R. Lewis’s wife’s IRA. These are reported as indirect ownership, and the footnote states that the reporting person disclaims beneficial ownership of those shares for purposes of the Form 4 disclosure.

Is the SUI Form 4 transaction a purchase or compensation grant?

The SUI Form 4 reflects a compensation grant of 1,617 restricted shares to director Clunet R. Lewis, not an open-market purchase. The shares are subject to vesting on February 5, 2029, conditioned on his continued board service with Sun Communities or a subsidiary.