Sun Communities CEO Surrenders Shares for Tax Obligations
SUN COMMUNITIES INC
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Filing Summary
# Insider Transaction: SUN COMMUNITIES INC ($SUI)
- **Insider:** Young Charles D. (CEO & Director)
- **Type:** Tax Withholding (Code F)
- **Date:** 2026-10-01
- **Shares:** 3,393 @ $110.00 (~$373,230)
- **Shares Remaining:** 74,084 (Direct)
- **Significance:** Low (Routine tax withholding on equity awards)
Comprehensive Analysis
Insider Filing Analysis: Sun Communities, Inc. (NYSE: SUI)
Overview
On October 2, 2026, Charles D. Young, CEO and Director of Sun Communities, Inc., reported a disposition of 3,393 shares of common stock on October 1, 2026. The transaction was executed at a price of $110.00 per share, resulting in a total value of $373,230.00.
Transaction Details
- Transaction Nature: The transaction is marked with Code F, indicating shares withheld or surrendered to satisfy tax liabilities associated with the vesting of equity-based awards.
- Direct Holdings Post-Transaction: Following this tax withholding, Charles D. Young retains direct ownership of 74,084 common shares.
- Derivative Holdings: The filing also reflects a holding of 28,151 performance rights, which represent contingent rights to receive common stock based on relative total shareholder return and financial performance metrics over a three-year cycle.
Market Significance
This disposition does not represent an open-market sale or discretionary liquidation by the CEO. It is an administrative surrender of shares to cover required tax withholding obligations. Consequently, the transaction carries low market and informational significance.
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Important Disclaimer
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