Sun Communities executive acquires 28,892 restricted shares of stock
Sun Communities Inc. executive Mark E. Patten, who serves as EVP, CFO, Secretary and Treasurer, reported acquiring 28,892 shares of the company’s common stock on January 5, 2026.
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Rhea-AI Filing Summary
Sun Communities Inc. executive Mark E. Patten, who serves as EVP, CFO, Secretary and Treasurer, reported acquiring 28,892 shares of the company’s common stock on January 5, 2026. The shares are recorded at a price of $121.14 per share and are held directly.
According to the filing, all of these shares are restricted stock subject to time-based vesting. A total of 7,223 shares are scheduled to vest on each of January 5, 2027, January 5, 2028, January 5, 2029, and January 5, 2030. After this transaction, Patten beneficially owns 28,892 shares of Sun Communities common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 28,892 | $121.14 | $3.50M |
Footnotes (1)
- F1. Restricted stock. 28,892 of the shares are subject to time vesting: 7,223 of these time vesting shares vest on each of January 5, 2027, 2028, 2029, and 2030.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sun Communities (SUI) report for Mark E. Patten?
Was the Sun Communities (SUI) transaction a purchase or a stock award?
Does the Sun Communities (SUI) Form 4 involve any derivative securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.