Sun Communities EVP & CIO Aaron Weiss Disposes of 1,979 Shares for Tax Withholding
SUN COMMUNITIES INC
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Filing Summary
Form 4 Filing: Sun Communities Inc ($SUI) • Insider: Aaron Weiss (EVP, Chief Investment Officer) • Transaction: Tax Withholding (Code F) • Shares Transacted: 1,979 @ $117.55 ($232,631.45) • Direct Holdings After: 60,248 shares • Significance: Low (Routine disposition to satisfy tax withholding obligations)
Comprehensive Analysis
Executive Summary
On October 21, 2026, Sun Communities, Inc. ($SUI) filed a Form 4 on behalf of Aaron Weiss, Executive Vice President and Chief Investment Officer. The filing details a disposition of 1,979 shares of common stock at a price of $117.55 per share on October 19, 2026, totaling approximately $232,631.45.
Transaction Details
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Context: The transaction was non-discretionary and executed specifically to cover tax liabilities typically associated with the vesting of equity awards.
- Direct Ownership Post-Transaction: Following this transaction, Aaron Weiss directly owns 60,248 shares of common stock.
- Derivative Holdings: The reporting person continues to hold 10,321 performance rights, which represent contingent rights to receive common stock based on total shareholder return (TSR) and financial performance criteria over a three-year period.
Market & Trading Significance
The trading significance of this filing is categorized as Low. Code 'F' transactions are standard administrative events resulting from equity compensation vesting schedules rather than open-market buying or selling decisions driven by sentiment on the company's operational trajectory.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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