Marc Farrugia - 21 Jul 2025 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role: EVP & Chief Admin. Officer
Signature: Marc Farrugia
Issuer symbol: SUI
Transactions as of: 21 Jul 2025
Net transactions value: +$1,769,224
Form type: 4
Filing time: 23 Jul 2025, 16:44:59 UTC
Previous filing: 10 Mar 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Farrugia Marc	EVP & Chief Admin. Officer	27777 FRANKLIN ROAD, SUITE 300, SOUTHFIELD	Marc Farrugia	23 Jul 2025	0001920341

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUI	COMMON STOCK, $0.01 PAR VALUE	Award	$1,769,224	+14,147	+34%	$125.06	55,247	21 Jul 2025	Direct	F1
holding	SUI	COMMON STOCK, $0.01 PAR VALUE						715	21 Jul 2025	Owned by spouse	F2
holding	SUI	COMMON STOCK, $0.01 PAR VALUE						11,301	21 Jul 2025	Owned by revocable trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares of the Company's restricted stock were issued to the Reporting Person as a retention bonus under a retention program covering various executives and key employees of the Company. The retention bonuses under this program were issued as an additional incentive to retain the recipients' services through the period of transition in the Company's Chief Executive Officer position and beyond and to continue to promote the Company's success. These shares are subject to time vesting and vest as follows: 2,830 shares vest on July 21, 2026; 2,830 shares vest on July 21, 2027; 2,829 shares vest on July 21, 2028; 2,829 shares vest on July 21, 2029; and 2,829 shares vest on July 21, 2030.
F2	On March 7, 2025, the reporting person filed a Form 4 which inadvertently omitted a partial grant of 25 shares of restricted stock to his spouse. Reporting person's spouse received 275 shares instead of the initial 250 shares. All 275 shares are subject to time vesting; 55 shares vest on each of March 7, 2026, 2027, 2028, 2029 and 2030.

Content

These shares of the Company's restricted stock were issued to the Reporting Person as a retention bonus under a retention program covering various executives and key employees of the Company. The retention bonuses under this program were issued as an additional incentive to retain the recipients' services through the period of transition in the Company's Chief Executive Officer position and beyond and to continue to promote the Company's success. These shares are subject to time vesting and vest as follows: 2,830 shares vest on July 21, 2026; 2,830 shares vest on July 21, 2027; 2,829 shares vest on July 21, 2028; 2,829 shares vest on July 21, 2029; and 2,829 shares vest on July 21, 2030.

On March 7, 2025, the reporting person filed a Form 4 which inadvertently omitted a partial grant of 25 shares of restricted stock to his spouse. Reporting person's spouse received 275 shares instead of the initial 250 shares. All 275 shares are subject to time vesting; 55 shares vest on each of March 7, 2026, 2027, 2028, 2029 and 2030.