Sun Communities (SUI) SVP Brian Loftus Shares Withheld for Taxes

What Happened
Brian P. Loftus, SVP, CAO and Controller of Sun Communities (SUI), had 214 shares disposed to satisfy a tax liability (transaction code F). The shares were recorded at $119.04 each for a total value of approximately $25,475. The Form 4 was filed July 22, 2026 reporting a transaction dated July 21, 2026.

Key Details

• Transaction date: July 21, 2026; Form 4 filed July 22, 2026 (timely filing).
• Type: F — Payment of exercise price or tax liability (shares withheld/surrendered).
• Shares withheld/disposed: 214
• Price per share: $119.04
• Total value of shares withheld: ~$25,475
• Shares owned after transaction: not specified in the provided excerpt.
• No indication in this filing of an open-market sale or a 10b5-1 plan; this was a tax-withholding disposition.

Context
A code F disposition typically means shares were surrendered or withheld to cover taxes associated with an option exercise or equity vesting. This is a routine administrative action and not the same as an open-market sale — it generally does not signal a change in the insider’s view of the company. Purchases are often more informative about insider sentiment than tax-withholding disposals.