Sun Communities (SUI) director Jeff Blau receives 1,617 restricted shares vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sun Communities director Jeff T. Blau reported a new restricted stock award. On February 5, 2026, he received 1,617 shares of common stock at a reported price of $123.68 per share. These shares are restricted stock that vest on February 5, 2029, provided he remains a director of Sun Communities, Inc. or a subsidiary through that date.
Following this award, Blau directly holds 7,217 shares of Sun Communities common stock. An additional 3,665 shares are held by a limited liability company of which he is a manager and member, and he disclaims beneficial ownership of those LLC-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Blau Jeff
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $0.01 PAR VALUE | 1,617 | $123.68 | $200K |
| holding | COMMON STOCK, $0.01 PAR VALUE | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.01 PAR VALUE — 7,217 shares (Direct);
COMMON STOCK, $0.01 PAR VALUE — 3,665 shares (Indirect, Shares are held by a limited liability company)
Footnotes (1)
- Restricted stock. All shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary. Shares are held by a limited liability company of which the Reporting Person is a manager and member. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Sun Communities (SUI) director Jeff T. Blau report?
Jeff T. Blau reported receiving 1,617 shares of Sun Communities common stock as restricted stock on February 5, 2026. The filing lists a reported price of $123.68 per share and classifies the transaction as an acquisition, increasing his directly held share balance.
Is Jeff T. Blau considered a 10% owner of Sun Communities (SUI) in this Form 4?
In this Form 4, Jeff T. Blau is identified as a director of Sun Communities, Inc. and not as a 10% owner. The checkbox for 10% owner is not marked, indicating he is reporting in his capacity as a board member rather than a large shareholder.
What type of security did Jeff T. Blau acquire in the latest Sun Communities (SUI) Form 4?
The reported transaction involves Sun Communities common stock with a par value of $0.01 per share. The 1,617 shares are characterized as restricted stock, meaning they are subject to vesting conditions and are not immediately fully transferable by the reporting director.