Sun Communities SVP granted 5,185 restricted shares
Sun Communities Inc. SVP and Chief Accounting Officer Brian P. Loftus received a grant of 5,185 shares of common stock as equity compensation.
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Rhea-AI Filing Summary
Sun Communities Inc. SVP and Chief Accounting Officer Brian P. Loftus received a grant of 5,185 shares of common stock as equity compensation. The award was valued at $135.0000 per share. Following this grant, Loftus directly holds 15,496 shares of Sun Communities common stock.
The new shares are restricted stock subject to time-based vesting. According to the terms, 1,729 shares vest on March 12, 2027, 1,728 shares vest on March 12, 2028, and 1,728 shares vest on March 12, 2029. This is a compensation-related acquisition rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 5,185 | $135.00 | $700K |
Footnotes (1)
- F1. Restricted stock. 5,185 of the shares are subject to time vesting; 1,729, 1,728, and 1,728 of these time vesting shares vest on each of March 12, 2027, 2028, and 2029, respectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sun Communities (SUI) report for Brian P. Loftus?
At what price was the Sun Communities (SUI) stock grant to Brian Loftus valued?
What is the vesting schedule for Brian Loftus’s new Sun Communities (SUI) restricted stock?
Is the Brian Loftus Sun Communities (SUI) Form 4 an open-market stock purchase?
What role does Brian Loftus hold at Sun Communities (SUI) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.