McLaren John Bandini 4
Research Summary
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Sun Communities (SUI) President John McLaren Sells 872 Shares for Taxes
What Happened John McLaren, President and COO of Sun Communities (SUI), had 872 shares disposed on 2026-03-17 to satisfy a tax liability/payment tied to equity compensation. The filing reports a disposition price of $135.27 per share for a total of $117,955 (reported) — a routine tax-withholding transaction rather than an open-market investment sale.
Key Details
- Transaction date and price: 2026-03-17, 872 shares at $135.27 each (total reported $117,955).
- Transaction code: F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
- Shares owned after transaction: Not reported in this Form 4.
- Filing date: 2026-03-18 (filed promptly the day after the reported transaction).
- Notes: This appears to be a tax-withholding disposition tied to equity compensation; not an outright discretionary sale for cash.
Context Code F transactions commonly reflect shares surrendered or retained by the company/broker to cover withholding taxes when options vest or restricted shares settle. These transactions are typically administrative and do not necessarily indicate the insider’s view on the company’s stock.