Earnings Feed
Start Free
SUN COMMUNITIES INC·4

Feb 9, 3:03 PM ET

HERMELIN BRIAN M 4

Research Summary

AI-generated summary

Updated

Sun Communities (SUI) Director Brian Hermelin Receives 1,617 Restricted Shares

What Happened

  • Brian M. Hermelin, a director of Sun Communities, Inc. (SUI), was granted 1,617 restricted shares on February 5, 2026. The grant is reported at an acquisition price of $123.68 per share, 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 — 1,617 shares at $123.68 each (total $199,991).
  • Filing date: Form 4 filed 2/9/2026 (within the required reporting window).
  • Shares owned after transaction: Not specified in the portions of the filing provided here.
  • Footnotes:
    • F1: These are restricted shares that vest in full on February 5, 2029, provided Hermelin remains a director of Sun Communities or a subsidiary.
    • F2: Some shares are held in a revocable trust (Hermelin is trustee/beneficiary) and an irrevocable trust (spouse is trustee; immediate family are beneficiaries).

Context

  • This is a time-based restricted stock award typical for board compensation; vesting is contingent on continued board service through Feb 5, 2029. Because these are restricted shares rather than open-market buys/sells, they reflect compensation rather than an independent market signal of the director's view on the stock.