Ehlinger Jerome W. 4
4 · SUN COMMUNITIES INC · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Sun Communities (SUI) Director Jerome Ehlinger Receives Restricted Shares
What Happened Jerome W. Ehlinger, a director of Sun Communities, Inc. (SUI), was granted 1,617 shares of restricted common stock on February 5, 2026. The award is reported at a grant price/value of $123.68 per share, totaling $199,991. This was an equity award (grant), not an open-market purchase or sale, and represents compensation rather than a straightforward buy/sell signal.
Key Details
- Transaction date and value: 2/5/2026; 1,617 shares × $123.68 = $199,991.
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Vesting and deferral notes:
- F1: These are restricted shares that vest in full on February 5, 2029 if Ehlinger remains a director.
- F2: The filing also references a right to receive restricted shares granted Feb 28, 2024, which the reporting person elected to defer receipt of (if vested) until Jan 3, 2028; those deferred shares vest Feb 28, 2027, subject to continued service.
- Filing date: Form 4 was filed Feb 9, 2026 (transaction 2/5/2026 → filing 2/9/2026). Section 16 filings are typically due within two business days of the transaction; this Form 4 shows a multi-day gap (see the filed form for any explanation).
Context Restricted stock grants to directors are commonly part of compensation and retention practices; they are not the same as an insider buying shares on the open market. Vesting conditions mean the shares may not be transferable or fully owned until the vesting dates (Feb 28, 2027 for the deferred award referenced, and Feb 5, 2029 for the new grant). Such awards are informative about how the company compensates board members but do not by themselves indicate the director’s view of the company’s near-term stock performance.
Insider Transaction Report
- Award
COMMON STOCK, $0.01 PAR VALUE
[F1]2026-02-05$123.68/sh+1,617$199,991→ 3,217 total
- 2,000
DEFERRED RESTRICTED COMMON STOCK RIGHTS
[F2]→ COMMON STOCK, $0.01 PAR VALUE (2,000 underlying)
Footnotes (2)
- [F1]Restricted stock. All shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.
- [F2]Represents the right to receive shares of restricted common stock granted to the reporting person on February 28, 2024. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 3, 2028, subject to the other provisions of the deferred compensation plan. All such shares vest on February 28, 2027, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.