Sun Communities (SUI) CFO granted 28,892 time-vested restricted shares
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.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 28,892 shares
Net Buy
1 txn
Insider
Patten Mark E
Role
EVP, CFO, Sec. & Treas.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 28,892 | $121.14 | $3.50M |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 28,892 shares (Direct)
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
What insider transaction did Sun Communities (SUI) report for Mark E. Patten?
The company reported that Mark E. Patten, its EVP, CFO, Secretary and Treasurer, acquired 28,892 shares of Sun Communities common stock on January 5, 2026.
Was the Sun Communities (SUI) transaction a purchase or a stock award?
The filing shows an acquisition of 28,892 shares of restricted common stock, coded as an "A" transaction, indicating an acquisition rather than a sale.
Does the Sun Communities (SUI) Form 4 involve any derivative securities?
No. The filing reports only non-derivative common stock; the table for derivative securities contains no entries.
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