Blau Jeff 4
4 · SUN COMMUNITIES INC · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Sun Communities (SUI) Director Jeff Blau Receives Restricted Stock Award
What Happened
Jeff Blau, a director of Sun Communities, Inc. (SUI), received a grant of 1,617 restricted shares on February 5, 2026. The reported acquisition price is $123.68 per share, for a total reported value of $199,991. This was an award/grant (not an open‑market purchase or sale).
Key Details
- Transaction date and price: 2/5/2026 at $123.68 per share (total $199,991).
- Transaction type: Award/Grant (Form 4 code A).
- Vesting: These are restricted shares that vest on February 5, 2029, conditioned on Blau remaining a director.
- Holding vehicle & disclaimer: Shares are held by an LLC of which Blau is a manager and member; he disclaims beneficial ownership except for any pecuniary interest (footnote).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form 4 was filed on 2026-02-09 (timely under the 2-business-day rule).
Context
Restricted stock awards to directors are common as compensation for service and differ from open-market purchases. While acquisitions can be seen as a positive signal, awards tied to service/vesting are primarily compensation and don’t necessarily reflect immediate personal investment intent.
Insider Transaction Report
Form 4
Blau Jeff
Director
Transactions
- Award
COMMON STOCK, $0.01 PAR VALUE
[F1]2026-02-05$123.68/sh+1,617$199,991→ 7,217 total
Holdings
- 3,665(indirect: Shares are held by a limited liability company)
COMMON STOCK, $0.01 PAR VALUE
[F2]
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]Shares are held by a limited liability company of which the Reporting Person is a manager and member. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Signature
Jeff T. Blau|2026-02-09