Farrugia Marc 4

What Happened Marc Farrugia, EVP & Chief Administrative Officer of Sun Communities (SUI), had 17 shares disposed on March 2, 2026 to satisfy a tax liability (transaction code F). The shares were recorded at $137.18 each for a total of $2,332. This was a tax-withholding/share-surrender transaction tied to an equity award or option exercise, not an open-market sale driven by trading intent.

Key Details

• Transaction date and price: 2026-03-02, 17 shares at $137.18 each; total ~$2,332.
• Transaction type: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing date: Form 4 filed 2026-03-03 (next-day filing; appears timely).
• No indication this was an open-market sale; it was used to satisfy taxes associated with equity compensation.

Context This is a routine withholding/surrender to cover tax obligations from an equity award or option exercise (often called a cashless/withheld-for-taxes action). Such filings are administrative and do not necessarily signal the insider’s view of the company’s prospects.