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.
Sun Communities, Inc. is soliciting proxies for its 2026 virtual annual meeting on May 12, 2026, asking shareholders to elect nine directors, approve a non-binding advisory vote on 2025 executive pay, and ratify Deloitte & Touche LLP as the new independent auditor.
In 2025, the company sold Safe Harbor Marinas for $5.5 billion, recognizing a $1.5 billion gain, and used proceeds to reduce debt by $3.3 billion, cutting net debt/TTM recurring EBITDA from 6.0x to 3.4x and eliminating floating-rate exposure. Revenue from continuing operations was $2.3 billion, while Core FFO per Share reached $6.68 and combined North America and UK Same Property NOI grew 5.5%.
Sun acquired 14 manufactured housing and RV properties for $457.0 million, repurchased 32 UK ground leases for $386.8 million, and disposed of non-strategic assets for $202.6 million. It returned cash via $539.1 million of share repurchases, a special $520 million distribution ($4.00 per share), and a 10.6% dividend increase. The filing highlights a CEO transition to Charles D. Young, extensive board refreshment, strong governance practices, and sustainability achievements, including a 58% reduction in operational emissions versus 2022.
Sun Communities, Inc. is changing its independent auditor. The board’s Audit Committee approved the appointment of Deloitte & Touche LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective when the company files its Form 10-Q for the quarter ending March 31, 2026, subject to Deloitte’s customary client acceptance procedures.
As part of this decision, the committee dismissed Grant Thornton LLP as auditor, effective upon completion of its services for the period ended March 31, 2026. Grant Thornton’s audit reports for 2024 and 2025 contained no adverse opinions or qualifications, and the company reports no disagreements or other reportable events with Grant Thornton, other than a previously disclosed material weakness in internal control over financial reporting as of December 31, 2024 that was remediated in 2025. Grant Thornton has been asked to provide a letter to the SEC confirming its agreement with these disclosures, which is included as an exhibit.
Sun Communities Inc: The Vanguard Group amended its Schedule 13G/A to report 0 shares beneficially owned and 0% of the common stock as reported in this filing. The amendment explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538 (January 12, 1998), after which certain Vanguard subsidiaries and business divisions report beneficial ownership separately and Vanguard no longer is deemed to beneficially own securities held by those entities. The filing is signed by Ashley Grim, dated 03/27/2026, and lists Vanguard's address and issuer details for Sun Communities Inc.
Sun Communities President and COO John Bandini McLaren reported a routine tax-related share disposition. On this date, 872 shares of common stock were withheld at $135.27 per share to cover tax obligations, leaving him with 74,248 shares held directly and 10 shares held indirectly in an IRA.
Sun Communities Inc. SVP and Chief Accounting Officer Brian P. Loftus received a grant of 5,185 shares of common stock as equity compensation. The award was valued at $135.0000 per share. Following this grant, Loftus directly holds 15,496 shares of Sun Communities common stock.
The new shares are restricted stock subject to time-based vesting. According to the terms, 1,729 shares vest on March 12, 2027, 1,728 shares vest on March 12, 2028, and 1,728 shares vest on March 12, 2029. This is a compensation-related acquisition rather than an open-market purchase.
Farrugia Marc reported acquisition or exercise transactions in this Form 4 filing.
SUN COMMUNITIES INC executive Marc Farrugia, EVP & Chief Administrative Officer, received a grant of 296 shares of common stock, valued at 135 per share. The award is held indirectly through his spouse and is structured as restricted stock that vests over time.
According to the vesting schedule, 99 shares vest on each of March 12, 2027 and March 12, 2028, and 98 shares vest on March 12, 2029. Following this grant, he holds 939 shares indirectly via his spouse, 46,496 shares directly, and 11,301 shares indirectly through a revocable trust.
Sun Communities Inc. executive vice president and CFO Fernando Castro-Caratini reported a tax-related share disposition tied to equity compensation. On March 9, 2026, he delivered 7,858 shares of common stock at $135.44 per share to cover tax obligations. After this non-market transaction, he directly held 33,748 shares of Sun Communities common stock.
Sun Communities SVP and Chief Accounting Officer Brian P. Loftus reported a routine tax-related share disposition. On March 9, 2026, 172 shares of common stock were withheld at $135.44 per share to satisfy tax obligations. After this transaction, he directly owns 10,311 shares of Sun Communities common stock.
SUN COMMUNITIES INC executive vice president and COO Bruce Thelen reported a routine tax-related share disposition. On this Form 4, 560 shares of common stock were withheld at $135.44 per share to cover tax obligations. After this non-market transaction, he directly holds 54,687 shares.
Sun Communities EVP and Chief Investment Officer Aaron Weiss reported a routine tax-withholding disposition of 1,344 shares of common stock on March 9, 2026. Shares were valued at $135.44 each for this withholding related to tax obligations, not an open-market sale. After this transaction, Weiss directly holds 59,623 shares of Sun Communities common stock.