Farrugia Marc 4

What Happened Marc Farrugia, EVP & Chief Administrative Officer of Sun Communities (SUI), had 1,234 shares disposed (withheld) to satisfy tax withholding related to an equity event. The shares were valued at $119.04 each, totaling approximately $146,895. This is a tax-withholding disposal (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: July 21, 2026; filing date: July 23, 2026 (reported two days after the transaction).
• Price: $119.04 per share; total value of shares withheld: ~$146,895.
• Action type: F — shares withheld to cover tax liability (disposal of 1,234 shares).
• Shares owned after the transaction: not specified in the provided report.
• No indication in this report of a 10b5-1 plan or of a late filing.

Context Tax-withholding dispositions are routine when employees exercise options or shares vest; the company withholds shares to cover payroll taxes rather than sending cash. These transactions generally reflect tax compliance rather than a directional view on the stock. Retail investors may note the activity but should weigh it alongside other insider trades and company fundamentals.