Director of Sun Communities (SUI) sells 7,000 shares in open-market trades

Rhea-AI Filing Summary

Sun Communities Inc. director Clunet R. Lewis reported selling 7,000 shares of common stock in open-market transactions on February 27, 2026. One sale covered 2,000 shares at $136.13 per share, and another covered 5,000 shares at $136.66 per share.

After these sales, Lewis held 20,617 shares directly. The filing also reports 3,200 shares held indirectly through his wife's IRA, for which the reporting person disclaims beneficial ownership according to a footnote.

Insider Trade Summary

Net Seller: 7,000 shares ($955,560)

Net Sell 3 txns

Insider LEWIS CLUNET R

Role Director

Sold 7,000 shs ($956K)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK, $0.01 PAR VALUE	2,000	$136.13	$272K
Sale	COMMON STOCK, $0.01 PAR VALUE	5,000	$136.66	$683K
holding	COMMON STOCK, $0.01 PAR VALUE	--	--	--

Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 25,617 shares (Direct); COMMON STOCK, $0.01 PAR VALUE — 3,200 shares (Indirect, By Wife's IRA)

Footnotes (1)

1. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.60 to $136.77, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The Reporting Person disclaims beneficial ownership of such shares.

Form 4 Insider Transactions: What Each Field Means →

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^*

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)
02/27/2026

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	02/27/2026		S		2,000	D	$136.13	25,617	D
COMMON STOCK, $0.01 PAR VALUE	02/27/2026		S		5,000	D	$136.66(1)	20,617	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. The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $136.60 to $136.77, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The Reporting Person disclaims beneficial ownership of such shares.

Remarks:

	Clunet R. Lewis	03/03/2026
	** 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 transactions did Sun Communities (SUI) director Clunet R. Lewis report?

Clunet R. Lewis reported two open-market sales totaling 7,000 Sun Communities shares. He sold 2,000 shares at $136.13 per share and 5,000 shares at $136.66 per share on February 27, 2026, as disclosed in the Form 4 filing.

At what prices did the Sun Communities (SUI) director sell his shares?

The director sold 2,000 Sun Communities shares at $136.13 and 5,000 shares at $136.66. A footnote states one sale used a volume-weighted average price, with trades ranging from $136.60 to $136.77, and detailed breakdowns are available upon request.

How many Sun Communities (SUI) shares does Clunet R. Lewis hold after the reported Form 4 sales?

After the reported sales, Clunet R. Lewis directly holds 20,617 Sun Communities common shares. The filing also shows 3,200 additional shares held indirectly through his wife's IRA, for which he disclaims beneficial ownership according to an included footnote.

What does the Form 4 say about indirect Sun Communities (SUI) holdings for the director?

The Form 4 lists 3,200 Sun Communities shares held indirectly through the director’s wife's IRA. A footnote states that the reporting person disclaims beneficial ownership of these shares, clarifying his economic and control relationship to this indirect position.

Were the Sun Communities (SUI) director’s share sales open-market transactions?

Yes. Both transactions are coded as open-market sales of non-derivative common stock. The Form 4 specifies transaction code “S,” described as a sale in an open market or private transaction, with prices detailed for each trade on February 27, 2026.