Tax-related SUI share dispositions by Sun Communities (NYSE: SUI) EVP

Rhea-AI Filing Summary

Sun Communities EVP & Chief Administrative Officer Marc Farrugia reported tax-related share dispositions rather than open-market sales. On March 4 and 5, 2026, company common stock was delivered to cover tax obligations, including shares held directly, by his spouse, and by a revocable trust. After these transactions, he held 47,056 shares directly, with an additional 662 shares owned by his spouse and 11,301 shares owned by a revocable trust, all in Sun Communities common stock.

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^*

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)
03/04/2026

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	03/04/2026		F		560	D	$135.86	47,755	D
COMMON STOCK, $0.01 PAR VALUE	03/04/2026		F		19	D	$135.86	671	I	Owned by spouse
COMMON STOCK, $0.01 PAR VALUE	03/05/2026		F		699	D	$136.69	47,056	D
COMMON STOCK, $0.01 PAR VALUE	03/05/2026		F		9	D	$136.69	662	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	03/06/2026
	** 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 SUI executive Marc Farrugia report?

Marc Farrugia reported several tax-withholding dispositions of Sun Communities common stock. On March 4 and 5, 2026, shares were delivered to satisfy tax liabilities associated with equity awards, rather than sold in open-market trades, including both direct and indirect holdings.

How many SUI shares does Marc Farrugia hold after these Form 4 transactions?

After the reported transactions, Marc Farrugia directly holds 47,056 Sun Communities common shares. Indirectly, he has 662 shares owned by his spouse and 11,301 shares owned by a revocable trust, reflecting his remaining reported equity exposure to the company.

Were the SUI insider transactions by Marc Farrugia open-market sales?

No. The reported SUI insider transactions are tax-withholding dispositions, coded “F” for payment of exercise price or tax liability by delivering securities. This indicates shares were used to cover obligations tied to equity awards, not discretionary open-market sales.

What prices were used for Marc Farrugia’s SUI tax-withholding dispositions?

The tax-withholding dispositions used prices of $135.86 per share on March 4, 2026 and $136.69 per share on March 5, 2026. These prices apply to Sun Communities common stock, $0.01 par value, delivered to satisfy related tax obligations.

How are Marc Farrugia’s indirect SUI holdings structured after the Form 4?

Indirectly, Marc Farrugia reports 662 Sun Communities shares “Owned by spouse” and 11,301 shares “Owned by revocable trust.” These entries show separate ownership categories from his direct holdings, clarifying how different accounts and related parties hold SUI stock.