Welcome to our dedicated page for Sun Communities SEC filings (Ticker: SUI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sun Communities, Inc. (NYSE: SUI) is a Maryland-incorporated real estate investment trust (REIT) that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and UK communities. This SEC filings page brings together the company’s regulatory disclosures, including current reports on Form 8-K and other key filings that document material events, financial results, capital markets activity, and leadership changes.
Investors reviewing Sun Communities’ filings can see how the company reports its quarterly and annual performance, including net income from continuing operations, net income attributable to common shareholders, and Core Funds from Operations ("Core FFO"). The company also discusses Same Property Net Operating Income ("NOI") for its North American MH and RV communities and for its UK communities, as well as occupancy metrics and segment reporting changes following the classification and sale of its Safe Harbor Marinas business as discontinued operations.
Filings on Form 8-K provide detail on transactions and corporate actions such as the sale of Safe Harbor Marinas, the use of proceeds for debt repayment, special cash distributions, stock repurchase authorizations, and the establishment of a new revolving credit facility. Other 8-Ks describe material definitive agreements, including the New Credit Agreement that replaced a prior credit facility, and outline the terms of that facility, including borrowing capacity, maturity, and interest rate options.
Sun Communities’ SEC reports also cover governance and executive compensation matters. Recent 8-Ks describe employment agreements and transition services agreements for the incoming Chief Executive Officer and Chief Financial Officer, as well as the retirement of the prior CEO and advisory roles for outgoing executives. Through this page, users can access these filings and, with AI-powered summaries, quickly understand the significance of each document, from financial condition updates to leadership transitions and credit facility arrangements, without reading every technical detail.
Sun Communities director Lewis Clunet R reported selling a total of 7,000 shares of common stock in open-market transactions. On March 5, 2026, he sold 3,800 shares directly at a volume-weighted average price of $136.01, with trades ranging from $136.01 to $136.15. He also reported the sale of 3,200 shares held indirectly through his wife’s IRA at a volume-weighted average price of $136.15, with trades between $136.07 and $136.19, and he disclaims beneficial ownership of those IRA shares. Following these sales, he directly owns 16,817 shares of Sun Communities common stock.
Sun Communities EVP & Chief Administrative Officer Marc Farrugia reported tax-related share dispositions rather than open-market sales. On March 4 and 5, 2026, company common stock was delivered to cover tax obligations, including shares held directly, by his spouse, and by a revocable trust. After these transactions, he held 47,056 shares directly, with an additional 662 shares owned by his spouse and 11,301 shares owned by a revocable trust, all in Sun Communities common stock.
Sun Communities Inc EVP and COO Bruce Thelen reported a tax-related share disposition. On 2026-03-04, he disposed of 635 shares of common stock in a tax-withholding transaction at $135.86 per share, leaving 55,247 shares held directly after the transaction.
Sun Communities Inc. director Clunet R. Lewis reported selling 7,000 shares of common stock in open-market transactions on February 27, 2026. One sale covered 2,000 shares at $136.13 per share, and another covered 5,000 shares at $136.66 per share.
After these sales, Lewis held 20,617 shares directly. The filing also reports 3,200 shares held indirectly through his wife's IRA, for which the reporting person disclaims beneficial ownership according to a footnote.
Sun Communities executive Marc Farrugia reported a small share disposition related to taxes. On this Form 4, an entity associated with Farrugia disposed of 17 shares of Sun Communities common stock at $137.18 per share as a tax-withholding disposition, with ownership noted as indirect through his spouse.
Following these transactions, Farrugia reports 690 shares held indirectly through his spouse, 48,315 shares held directly, and 11,301 shares held indirectly through a revocable trust.
SUI Form 144 filing reports an intended sale of 8,800 common shares through Fidelity Brokerage Services LLC on 02/27/2026, with an aggregate amount shown of $1,200,760.00. The entry lists two prior purchase lots: 5,000 (05/03/2011) and 3,800 (06/02/2010), both bought in the open market.
Sun Communities, Inc. furnished an investor presentation outlining its 2025 performance, balance sheet repositioning, and 2026 outlook. The company highlights its position as a leading owner and operator of manufactured housing and RV communities, with FY25 rental revenue primarily from MH (59%), RV (31%) and UK (10%).
Real property operations drove results, with FY25 real property NOI of $1,059 million, and consolidated NOI of $1,156.8 million, with 92% of NOI from rental income. FY25 Core FFO per share was $6.68, and 4Q25 Core FFO per share was $1.40. For FY26, the company guides to Core FFO per share midpoint of $6.93 and North America same property NOI growth midpoint of 4.5%.
The presentation describes 2025 as a transformational year, including repayment of approximately $3.3 billion of debt, elimination of floating-rate exposure, a net debt/TTM EBITDA ratio of 3.4x, and a $5.65 billion sale of Safe Harbor Marinas at 21x FFO. Sun also reports investment-grade ratings of BBB+ (S&P) and Baa2 (Moody’s), continued same property NOI growth, and detailed reconciliations for FFO, Core FFO, NOI, and EBITDA-based metrics.
Sun Communities, Inc., a REIT focused on manufactured housing, RV communities, and UK holiday parks, highlights a transformative year marked by the sale of its marina business, Safe Harbor Marinas, for approximately $5.65 billion. The transaction generated about $5.25 billion of pre-tax cash proceeds at initial closing and a total agreed value including delayed closings, resulting in a recorded gain of $1.5 billion and a full exit from marinas.
The company now operates three segments—MH, RV, and UK—with 513 properties and 178,650 developed sites across the U.S., Canada, and the UK as of December 31, 2025. It reports $4.3 billion of total debt, all at fixed rates, and continues to use an UPREIT structure with multiple preferred and common OP unit series. The filing outlines growth via selective acquisitions, a sizable rental home program, and detailed risk factors including geographic concentration, climate exposure, insurance cost pressures, leverage, and REIT tax and governance constraints.
Sun Communities Inc. executive Aaron Weiss reported a tax-related share disposition. On the transaction date, he transferred 1,529 shares of common stock at a value of $131.32 per share to satisfy tax withholding obligations, a non-market transaction coded as “F.” After this, he directly held 62,121 shares.
Sun Communities Inc executive Marc Farrugia, EVP & Chief Admin. Officer, reported two tax-withholding share dispositions of common stock on February 24, 2026. These code F transactions covered 932 directly held shares and 8 shares owned by his spouse at an indicated price of $131.32 per share. After these transactions, he held 48,315 shares directly, while indirect holdings included 707 shares owned by his spouse and 11,301 shares owned by a revocable trust.