SHIFFMAN GARY A 4
4 · SUN COMMUNITIES INC · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Sun Communities (SUI) Director Gary Shiffman Receives 1,617-Share Award
What Happened Gary A. Shiffman, a director of Sun Communities, Inc. (SUI), received a grant/award of 1,617 restricted shares on February 5, 2026 at a reported value of $123.68 per share, for a total value of $199,991. This was an equity award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-05. Transaction type/code: Award/Acquisition (A).
- Amount: 1,617 shares at $123.68 per share; total reported value $199,991.
- Vesting: These are restricted shares that vest in full on February 5, 2029, provided he remains a director (Footnote F1).
- Trust ownership note: Some shares are held by an irrevocable trust of which Mr. Shiffman is trustee and beneficiary; he disclaims beneficial ownership except for his pecuniary interest (Footnote F2).
- Shares owned after the transaction: Not specified in the Form 4 filing.
Context Restricted stock awards to directors are common as part of compensation and typically vest over time; they are not immediate market purchases and do not indicate an immediate buy or sell action. This filing documents the grant and the vesting terms; it is factual disclosure of compensation rather than an expression of market sentiment.
Insider Transaction Report
- Award
COMMON STOCK, $0.01 PAR VALUE
[F1]2026-02-05$123.68/sh+1,617$199,991→ 882,792 total
- 6,278(indirect: By Spouse)
COMMON STOCK, $0.01 PAR VALUE
- 86,800(indirect: By Trust)
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]Owned by an irrevocable trust of which the Reporting Person is a trustee and a beneficiary. The Reporting Person disclaims beneficial ownership of the securities held by the trust except to the extent of his pecuniary interest therein.