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.
Norges Bank, the central bank of Norway, has filed an amended Schedule 13G reporting its beneficial ownership in Sun Communities Inc. common stock. As of 12/31/2025, Norges Bank beneficially owned 6,079,930 shares, representing 4.9% of the outstanding common stock.
Norges Bank reports sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Sun Communities.
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.
Sun Communities Inc. executive files Form 3 reporting no holdings
Mark E. Patten, who serves as Executive Vice President, Chief Financial Officer, Secretary and Treasurer of Sun Communities Inc., filed an initial insider ownership report. The filing states that no securities of Sun Communities Inc. are beneficially owned, meaning the officer reports no direct or indirect ownership position in the company’s securities as of the event date.
Sun Communities, Inc. executive Aaron Weiss, EVP of Corporate Strategy & Business Development, reported a change in his stock holdings. On 01/01/2026, 9,000 shares of common stock with $0.01 par value were forfeited at a price of $0.
These shares were performance-based restricted stock awards granted on February 24, 2023 that were eligible to vest only if certain market performance criteria were achieved. After this forfeiture, Weiss beneficially owns 63,650 shares of Sun Communities common stock directly.
Sun Communities Inc. executive equity update: An executive vice president and chief operating officer of Sun Communities Inc. reported the forfeiture of 10,200 shares of performance-based restricted common stock on 01/01/2026. These awards were originally granted on February 24, 2023 and were eligible to vest only if certain market performance criteria were achieved. The forfeiture occurred at a stated price of $0, indicating no cash proceeds were involved. Following this transaction, the executive now directly holds 57,224 shares of Sun Communities common stock.
Sun Communities, Inc. executive vice president and chief administrative officer Marc Farrugia reported a change in his ownership of company stock. On 01/01/2026, 6,000 shares of common stock were forfeited at a price of $0. These shares were performance-based restricted stock awards granted on February 24, 2023 that were eligible to vest only if certain market performance criteria were achieved.
After this forfeiture, Farrugia beneficially owns 49,247 shares of Sun Communities common stock directly, 715 shares indirectly through his spouse, and 11,301 shares indirectly through a revocable trust.
Sun Communities Inc. insider transaction: A senior vice president and Chief Accounting Officer reported a disposition of 253 shares of Sun Communities Inc. common stock on 12/30/2025 at a price of $125.47 per share. After this transaction, the officer directly holds 10,483 shares of the company’s common stock.
Sun Communities, Inc. executive Fernando Castro-Caratini, who serves as EVP, CFO, Secretary and Treasurer, reported a disposition of 19,008 shares of common stock of Sun Communities, Inc. on 12/30/2025 at a price of $125.47 per share. Following this transaction, he beneficially owns 41,606 shares of Sun Communities, Inc. common stock in direct form.
Sun Communities, Inc. director Gary A. Shiffman reported an indirect sale of 156,875 shares of the company’s common stock on 12/17/2025 at $123.53 per share. The sale was a private transaction by an irrevocable trust, where he is a trustee and beneficiary, transferring shares to other beneficiaries for tax planning purposes, and he disclaims beneficial ownership except to the extent of his pecuniary interest. Following this transaction, he reports beneficial ownership of 881,175 shares directly, plus indirect interests in 6,278 shares owned by his spouse and 86,800 shares held by another irrevocable trust.
Sun Communities, Inc. appointed Mark E. Patten as its new Chief Financial Officer, Executive Vice President, Secretary and Treasurer, effective January 5, 2026, under a five-year employment agreement. His compensation includes a $600,000 base salary, an annual cash bonus targeted at 100% of salary (with his 2026 bonus not less than target), a retention-based restricted stock grant valued at $3.5 million vesting over four years, a retention cash bonus of up to $2.3 million paid in installments, $100,000 in relocation benefits and a 2026 restricted stock grant targeted at $2.0 million.
If Mr. Patten is terminated without cause, resigns for good reason, or in certain change-in-control situations, he is entitled to cash severance based on 1.50 or 2.00 times his salary and target bonus, accelerated vesting of time-based equity and continued health benefits, subject to customary conditions.
The company also detailed transition agreements: outgoing CFO Fernando Castro-Caratini will serve as Senior Adviser from the Start Date through up to June 30, 2026 with monthly pay of $45,833 and accelerated vesting of 35,200 restricted shares on December 30, 2025 and 15,000 shares on March 8, 2026. Retiring CEO Gary A. Shiffman will advise through March 31, 2026 at $75,000 per month, receive vesting of 118,000 restricted shares on January 2, 2026 and extended health coverage reimbursements through September 30, 2027.