Tax-related SUI share dispositions by Sun Communities (NYSE: SUI) EVP
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Farrugia Marc
Role
EVP & Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 699 | $136.69 | $96K |
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 9 | $136.69 | $1K |
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 560 | $135.86 | $76K |
| Tax Withholding | COMMON STOCK, $0.01 PAR VALUE | 19 | $135.86 | $3K |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 47,056 shares (Direct);
COMMON STOCK, $0.01 PAR VALUE — 662 shares (Indirect, Owned by spouse)
Footnotes (1)
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.
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.