Sun Communities COO disposes of 1,744 shares

His reported direct common-stock position was 73,356 shares after the transaction, with 4,690 target performance rights subject to a three-year performance period.

Available on EDGAR 11/10/2026 - 09:30 AM EST Accepted by SEC EDGAR 11/10/2026 - 09:30 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Sun Communities Inc. President and COO John Bandini McLaren reported 1,744 shares delivered or withheld for payment of exercise price or tax liability on November 6, 2026, at a reported $120.30 per share. His direct common-stock holdings after the transaction were 73,356 shares, and he reported 10 common shares held indirectly in an IRA. The filing also lists 4,690 performance rights; shares ultimately earned may range from 0% to 200% of target based on pre-established criteria over a three-year performance period, and any unvested portion will be forfeited. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise Price or Tax Liability: 1,744 shares

Exercise Price or Tax Liability 1 txn

Insider McLaren John Bandini

Role President and COO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	COMMON STOCK, $0.01 PAR VALUE	1,744	$120.30	$210K
Holding	PERFORMANCE RIGHT F1	--	--	--
Holding	COMMON STOCK, $0.01 PAR VALUE	--	--	--

Holdings After Transaction: COMMON STOCK, $0.01 PAR VALUE — 73,356 shares (Direct); PERFORMANCE RIGHT — 4,690 rights (Direct); COMMON STOCK, $0.01 PAR VALUE — 10 shares (Indirect, Shares held in IRA)

Footnotes (1)

1. F1. Each performance right represents a contingent right to receive shares of common stock of Sun Communities, Inc (the "Company"). The target number of shares of common stock is set forth in Column 7 of table II. The number of shares ultimately earned may range from 0% to 200% of the target award based on achievement of pre-established performance criteria measured over a three-year performance period. Any portion of the award that does not vest will be forfeited.

Key Figures

Shares delivered or withheld: 1,744 shares Reported price per share: $120.30 per share Direct common-stock holdings after transaction: 73,356 shares +3 more

6 metrics

Shares delivered or withheld 1,744 shares November 6, 2026; payment of exercise price or tax liability

Reported price per share $120.30 per share November 6, 2026 transaction

Direct common-stock holdings after transaction 73,356 shares John Bandini McLaren

Common shares held indirectly in an IRA 10 shares John Bandini McLaren

Performance rights 4,690 target shares Shares ultimately earned may range from 0% to 200% of target

Performance period Three years Pre-established performance criteria

Key Terms

performance right, pre-established performance criteria, performance period

3 terms

performance right financial

"Each performance right represents a contingent right to receive shares"

pre-established performance criteria financial

"based on achievement of pre-established performance criteria"

performance period financial

"measured over a three-year performance period"

The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.

FAQ

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How many SUI shares did John Bandini McLaren deliver or withhold?

John Bandini McLaren, Sun Communities Inc.'s President and COO, reported 1,744 shares delivered or withheld for payment of exercise price or tax liability on November 6, 2026, at $120.30 per share. His direct holdings afterward were 73,356 shares; no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

McLaren John Bandini

(Last) (First) (Middle)

27777 FRANKLIN ROAD

SUITE 300

(Street)

SOUTHFIELD MICHIGAN 48034

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	11/06/2026		F		1,744	D	$120.3	73,356	D
COMMON STOCK, $0.01 PAR VALUE								10	I	Shares held in IRA

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
PERFORMANCE RIGHT	(1)							(1)	(1)	COMMON STOCK, $0.01 PAR VALUE	4,690		4,690	D

Explanation of Responses:

1. Each performance right represents a contingent right to receive shares of common stock of Sun Communities, Inc (the "Company"). The target number of shares of common stock is set forth in Column 7 of table II. The number of shares ultimately earned may range from 0% to 200% of the target award based on achievement of pre-established performance criteria measured over a three-year performance period. Any portion of the award that does not vest will be forfeited.

Remarks:

	/s/ John B. McLaren	11/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)