LEWIS CLUNET R 4

What Happened R. Lewis Clunet, a director of Sun Communities, Inc. (SUI), was granted 1,617 restricted shares on February 5, 2026, at a reported per-share value of $123.68, for a total value of $199,991. The transaction is reported as an award/grant (code A), i.e., a compensation-related acquisition rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-05; Filing date: 2026-02-09 (filed within the typical 2-business-day Form 4 window).
• Shares granted: 1,617; reported price per share: $123.68; total reported value: $199,991.
• Shares owned after the transaction: Not specified in the filing provided.
• Footnotes:
  • F1 — These are restricted shares that vest in full on February 5, 2029, only if the reporting person remains a director of Sun Communities or a subsidiary.
  • F2 — The reporting person disclaims beneficial ownership of these shares.
• Transaction type: Award/grant (compensation), not a sale or open-market buy.

Context This was a director compensation award that vests over three years rather than an immediate purchase or sale. Such restricted stock grants are common for board members and reflect compensation arrangements; they do not by themselves indicate the insider is buying or selling shares on a view of near-term company performance.