SUN COMMUNITIES INC·4

Feb 9, 2:30 PM ET

Leupold Craig 4

4 · SUN COMMUNITIES INC · Filed Feb 9, 2026

Research Summary

AI-generated summary of this filing

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Sun Communities (SUI) Director Craig Leupold Receives 1,617-Share Award

What Happened

  • Craig Leupold, a director of Sun Communities, Inc. (SUI), received a grant (derivative award) representing the right to 1,617 shares of restricted common stock on 2026-02-05. The filing lists the transaction type as an award/grant (code A) and shows no price or immediate cash exchanged (N/A).

Key Details

  • Transaction date: February 5, 2026; Form 4 filed February 9, 2026.
  • Transaction type: Award/Grant (Derivative right to receive restricted common stock). Price/consideration: N/A.
  • Shares reported in this transaction: 1,617 rights to restricted shares.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes:
    • F3: These 1,617 rights were granted 2/5/2026 and, per the Non‑Employee Directors Deferred Compensation Plan, Leupold elected to defer receipt until February 2029; they vest on 2/5/2029 if he remains a director.
    • F1/F2: The filing also references prior director awards (grants from 2/28/2024 and 1/8/2025) that were deferred to 2/28/2027 and 1/8/2028, respectively, and vest only if the reporting person remains a director.
  • Filing timeliness: The Form 4 was filed 4 days after the transaction (filed 2/9 for a 2/5 transaction). Form 4s are generally due within 2 business days, so this appears later than standard timing.

Context

  • This is a deferred restricted‑share award (a right to receive shares in the future if vesting conditions are met), not an open‑market purchase or sale. Such grants are routine for non‑employee directors as part of compensation and do not, by themselves, indicate a personal buy/sell signal. The award vests on the specified future date only if Leupold remains a director.

Insider Transaction Report

Form 4
Period: 2026-02-05
Transactions
  • Award

    DEFERRED RESTRICTED COMMON STOCK RIGHTS

    [F3]
    2026-02-05+1,6175,217 total
    COMMON STOCK, $0.01 PAR VALUE (1,617 underlying)
Holdings
  • DEFERRED RESTRICTED COMMON STOCK RIGHTS

    [F1]
    COMMON STOCK, $0.01 PAR VALUE (2,000 underlying)
    2,000
  • DEFERRED RESTRICTED COMMON STOCK RIGHTS

    [F2]
    COMMON STOCK, $0.01 PAR VALUE (1,600 underlying)
    3,600
Footnotes (3)
  • [F1]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 February 28, 2027, 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.
  • [F2]Represents the right to receive shares of restricted common stock granted to the reporting person on January 8, 2025. 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 2028, subject to the other provisions of the deferred compensation plan. All such shares vest on January 8, 2028, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.
  • [F3]Represents the right to receive shares of restricted common stock granted to the reporting person on February 5, 2026. 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 February 2029, subject to the other provisions of the deferred compensation plan. All such shares vest on February 5, 2029, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.
Signature
Craig Leupold|2026-02-09

Documents

1 file
  • 4
    wk-form4_1770665440.xmlPrimary

    FORM 4