Weiss Aaron 4
Research Summary
AI-generated summary
Sun Communities (SUI) EVP Aaron Weiss Receives Stock Award
What Happened
- Aaron Weiss, Executive Vice President and Chief Investment Officer of Sun Communities, received equity awards on March 27, 2026. He was granted 5,256 restricted shares at an acquisition value of $125.57 per share (total ~$659,996) and 10,321 performance rights recorded at $0 (derivative award).
Key Details
- Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely filing).
- Grant types: A = Award/Grant. 5,256 restricted shares acquired @ $125.57 (total ~$659,996). 10,321 performance rights @ $0 (derivative).
- Vesting for restricted stock (footnote F1): all 5,256 are time-vesting; 1,752 shares vest on each of March 27, 2027, 2028, and 2029.
- Performance rights (footnote F2): each right can become one common share; actual payout ranges from 0%–200% of target based on three-year total shareholder return vs. peers and certain financial goals; unearned rights are forfeited.
- Shares owned after the transactions: not specified in this filing.
Context
- These awards are compensation grants (not open-market purchases or sales). Restricted shares vest over time; performance rights vest only if performance targets are met over the specified performance period. Such grants are common for executive pay and reflect long-term incentive design rather than immediate market buying or selling.