Sun Communities, Inc. filings document formal disclosures for a REIT focused on manufactured housing and recreational vehicle communities. Recent Form 8-K reports furnish quarterly and annual earnings releases, supplemental operating and financial data, Regulation FD investor presentations and related forward-looking statement disclosures.
The filing record also covers governance and reporting matters, including definitive proxy disclosures, executive officer appointments, compensatory and employment arrangements involving the company and its operating partnership, and changes in the company’s independent registered public accounting firm. These documents frame SUI’s REIT operations, portfolio disclosures, leadership structure, audit oversight and shareholder governance.
T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 5,560,089 shares of Sun Communities Inc., representing 4.5% of the REIT’s outstanding class. T. Rowe Price reports sole voting power over 5,508,182 shares and sole dispositive power over 5,560,075 shares, with no shared voting or dispositive power.
The firm certifies the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Sun Communities, and not in connection with any control-related transaction, other than activities solely in connection with a nomination under the cited proxy rule.
Sun Communities Inc. executive Bruce Thelen, EVP and COO, reported a tax-related share disposition. On February 11, 2026, he disposed of 317 shares of Sun Communities common stock in a transaction coded "F," which represents shares withheld to cover a tax liability or exercise price at $127.81 per share. After this transaction, he directly beneficially owned 56,907 shares of Sun Communities common stock.
Sun Communities, Inc. reported a leadership change in its finance team. On February 4, 2026, the company appointed Fernando Castro‑Caratini as interim Chief Financial Officer, Executive Vice President, Secretary and Treasurer, effective immediately, while it conducts a broad search for a permanent CFO.
Castro‑Caratini previously served as Sun Communities’ CFO for about four years and has extensive finance and capital markets experience, including with Citigroup. Under a Transition Services Agreement effective February 4, 2026, he will serve through February 28, 2027, with salary of $45,833 per month, eligibility for a 2026 performance bonus of up to $1,100,000, and a $1,000,000 tenure bonus if he remains CFO through February 28, 2027.
On the same date, Mark E. Patten departed from his role as Chief Financial Officer, Executive Vice President, Secretary and Treasurer. His departure is described as a mutual decision and not due to any disagreements over financial policies, accounting, or financial statements. In connection with his separation, the company agreed to pay him $3,000,000 in separation payments.
Sun Communities executive Fernando Castro-Caratini has filed an initial ownership report showing his stake in the company. As of the event date of February 4, 2026, he beneficially owns 41,606 shares of Sun Communities, Inc. common stock directly. He serves as Executive Vice President, Chief Financial Officer, Secretary and Treasurer, and this Form 3 filing formally records his current holdings as an officer of the company.
Sun Communities director Brian M. Hermelin received a grant of 1,617 shares of restricted common stock on February 5, 2026. The shares were valued at $123.68 per share and will fully vest on February 5, 2029, if he remains a director of the company or a subsidiary.
After this award, Hermelin directly beneficially owns 27,317 common shares. He also indirectly beneficially owns 1,010 common shares held by family trusts, including a revocable trust where he is trustee and beneficiary and an irrevocable trust for his immediate family.
Sun Communities director Tonya Allen received 1,617 shares of restricted common stock on February 5, 2026 at $123.68 per share. These shares vest on February 5, 2029 if she remains a director of Sun Communities or a subsidiary. After this grant, she beneficially owns 10,426 shares of Sun Communities common stock held directly.
Sun Communities, Inc. director Craig Leupold received a new grant of 1,617 deferred restricted common stock rights on February 5, 2026 under the company’s Non-Employee Directors Deferred Compensation Plan. These rights represent shares of common stock that will be delivered only if they vest in the future.
Under the plan, Leupold has elected to defer receipt of the February 5, 2026 grant until February 2029, assuming all vesting conditions are met. Earlier grants of 2,000 rights from February 28, 2024 and 1,600 rights from January 8, 2025 are deferred until February 28, 2027 and January 2028, respectively. After the new grant, he directly holds 5,217 deferred restricted common stock rights.
Sun Communities director Gary A. Shiffman reported an equity award of 1,617 shares of common stock on February 5, 2026. The shares are restricted stock that will fully vest on February 5, 2029, if he continues serving as a director of Sun Communities or a subsidiary.
After this award, Shiffman directly holds 882,792 shares of Sun Communities common stock. In addition, 6,278 shares are owned indirectly through his spouse, and 86,800 shares are owned by an irrevocable trust where he is a trustee and beneficiary, with beneficial ownership disclaimed except for his pecuniary interest.
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.
Sun Communities, Inc. director Meghan G. Baivier reported an award of 1,617 shares of common stock on February 5, 2026, at a price of $123.68 per share. These shares are restricted stock that will fully vest on February 5, 2029, if she continues serving as a director of Sun Communities or a subsidiary. Following this grant, she beneficially owns 19,417 shares directly.