LEWIS CLUNET R 4
Research Summary
AI-generated summary
Sun Communities (SUI) Director Lewis Clunet R Sells 7,000 Shares
What Happened
Director Lewis Clunet R sold a total of 7,000 Sun Communities (SUI) shares in open-market transactions on 2026-03-05. The sales consisted of 3,800 shares at a reported VWAP of $136.01 (proceeds $516,838) and 3,200 shares at a reported VWAP of $136.15 (proceeds $435,680), for combined proceeds of approximately $952,518. These were sales (not purchases) and are often routine insider transactions; the filing does not indicate a purchase or award.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-06 (timely filing).
- Individual trades: 3,800 shares @ $136.01 (reported VWAP; multiple executions) and 3,200 shares @ $136.15 (reported VWAP; multiple executions).
- Total shares sold: 7,000; total proceeds: ~$952,518.
- Footnotes: reported prices are volume-weighted averages and the filing discloses ranges of execution prices; the filer will provide a full breakdown upon request (see F1, F2). The reporting person disclaims beneficial ownership of the shares described (F3).
- Shares owned after transaction: not specified in the provided summary of the filing.
Context
Sales by directors can be routine (liquidity, diversification, tax reasons) and do not by themselves indicate company outlook. The filing here reports open-market sales with VWAPs and execution ranges; no options exercise, grant, gift, or 10%‑owner transaction was noted.