Welcome to our dedicated page for Sun Communities SEC filings (Ticker: SUI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sun Communities, Inc. (NYSE: SUI) is a Maryland-incorporated real estate investment trust (REIT) that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and UK communities. This SEC filings page brings together the company’s regulatory disclosures, including current reports on Form 8-K and other key filings that document material events, financial results, capital markets activity, and leadership changes.
Investors reviewing Sun Communities’ filings can see how the company reports its quarterly and annual performance, including net income from continuing operations, net income attributable to common shareholders, and Core Funds from Operations ("Core FFO"). The company also discusses Same Property Net Operating Income ("NOI") for its North American MH and RV communities and for its UK communities, as well as occupancy metrics and segment reporting changes following the classification and sale of its Safe Harbor Marinas business as discontinued operations.
Filings on Form 8-K provide detail on transactions and corporate actions such as the sale of Safe Harbor Marinas, the use of proceeds for debt repayment, special cash distributions, stock repurchase authorizations, and the establishment of a new revolving credit facility. Other 8-Ks describe material definitive agreements, including the New Credit Agreement that replaced a prior credit facility, and outline the terms of that facility, including borrowing capacity, maturity, and interest rate options.
Sun Communities’ SEC reports also cover governance and executive compensation matters. Recent 8-Ks describe employment agreements and transition services agreements for the incoming Chief Executive Officer and Chief Financial Officer, as well as the retirement of the prior CEO and advisory roles for outgoing executives. Through this page, users can access these filings and, with AI-powered summaries, quickly understand the significance of each document, from financial condition updates to leadership transitions and credit facility arrangements, without reading every technical detail.
Young Charles D. reported acquisition or exercise transactions in this Form 4 filing.
Sun Communities Inc CEO and director Charles D. Young reported equity-based compensation grants rather than open-market trades. He received 28,151 performance rights, each tied to one share of common stock, with the actual earned amount ranging from 0% to 200% of this target based on total shareholder return and financial performance over a three-year period. Any portion not earned at the end of the performance period will be forfeited.
He was also granted 14,334 shares of restricted common stock at a reference price of $125.57 per share, vesting in three equal installments of 4,778 shares on March 27, 2027, 2028, and 2029. Following these grants, Young directly holds 77,477 shares of common stock, reflecting a larger long-term equity stake aligned with company performance.
Farrugia Marc reported acquisition or exercise transactions in this Form 4 filing.
Sun Communities EVP & Chief Administrative Officer Marc Farrugia received new equity awards in the form of restricted stock and performance rights. On March 27, 2026, he was granted 9,382 performance rights, each linked to one share of common stock, and 4,778 shares of common stock as a restricted stock award at a grant price of $125.57 per share.
The restricted stock vests over time: 1,593 shares on each of March 27, 2027 and March 27, 2028, and 1,592 shares on March 27, 2029. The performance rights can pay out between 0% and 200% of the 9,382 target shares based on three-year total shareholder return versus industry indices and certain financial results. After these awards, Farrugia directly holds 51,274 common shares, with additional indirect holdings of 11,301 shares in a revocable trust and 939 shares owned by his spouse.
Weiss Aaron reported acquisition or exercise transactions in this Form 4 filing.
Sun Communities EVP and Chief Investment Officer Aaron Weiss received new equity awards. On March 27, 2026, he was granted 10,321 performance rights, each tied to one share of common stock, and 5,256 shares of restricted stock at $125.57 per share. The restricted stock vests in three equal installments of 1,752 shares on March 27 of 2027, 2028, and 2029, while the performance rights can pay out between 0% and 200% of the target based on three-year total shareholder return and financial performance. Following the restricted stock grant, Weiss directly holds 64,879 common shares.
McLaren John Bandini reported acquisition or exercise transactions in this Form 4 filing.
Sun Communities, Inc. President and COO John Bandini McLaren received new equity awards as part of his compensation. On March 27, 2026, he was granted 4,690 performance rights, each representing a contingent right to one share of common stock. Between 0% and 200% of this target amount may vest based on the company’s total shareholder return versus industry indices and certain financial results over a three-year performance period; any unearned portion will be forfeited.
He also received 2,389 shares of restricted common stock at $125.57 per share, subject to time-based vesting: 797 shares vest on each of March 27, 2027, and 796 shares on each of March 27, 2028 and 2029. Following these awards, he holds 76,637 common shares directly and 10 shares indirectly in an IRA. These are compensation grants, not open-market purchases.
Sun Communities, Inc. reports strategic portfolio simplification and balance-sheet strengthening after asset sales in 2025. The company used proceeds to pay down more than $3 billion of debt and eliminated floating-rate debt exposure, returned capital via share repurchases, a special cash distribution and a higher quarterly dividend. The firm acquired 14 MH/RV communities within existing geographies and acquired ground leases for 32 UK properties, converting them to full freehold ownership. Leadership changes include Charles Young joining as CEO and director in Oct 2025. The virtual annual meeting is set for May 12, 2026.
Sun Communities, Inc. is soliciting proxies for its 2026 virtual annual meeting on May 12, 2026, asking shareholders to elect nine directors, approve a non-binding advisory vote on 2025 executive pay, and ratify Deloitte & Touche LLP as the new independent auditor.
In 2025, the company sold Safe Harbor Marinas for $5.5 billion, recognizing a $1.5 billion gain, and used proceeds to reduce debt by $3.3 billion, cutting net debt/TTM recurring EBITDA from 6.0x to 3.4x and eliminating floating-rate exposure. Revenue from continuing operations was $2.3 billion, while Core FFO per Share reached $6.68 and combined North America and UK Same Property NOI grew 5.5%.
Sun acquired 14 manufactured housing and RV properties for $457.0 million, repurchased 32 UK ground leases for $386.8 million, and disposed of non-strategic assets for $202.6 million. It returned cash via $539.1 million of share repurchases, a special $520 million distribution ($4.00 per share), and a 10.6% dividend increase. The filing highlights a CEO transition to Charles D. Young, extensive board refreshment, strong governance practices, and sustainability achievements, including a 58% reduction in operational emissions versus 2022.
Sun Communities, Inc. is changing its independent auditor. The board’s Audit Committee approved the appointment of Deloitte & Touche LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective when the company files its Form 10-Q for the quarter ending March 31, 2026, subject to Deloitte’s customary client acceptance procedures.
As part of this decision, the committee dismissed Grant Thornton LLP as auditor, effective upon completion of its services for the period ended March 31, 2026. Grant Thornton’s audit reports for 2024 and 2025 contained no adverse opinions or qualifications, and the company reports no disagreements or other reportable events with Grant Thornton, other than a previously disclosed material weakness in internal control over financial reporting as of December 31, 2024 that was remediated in 2025. Grant Thornton has been asked to provide a letter to the SEC confirming its agreement with these disclosures, which is included as an exhibit.
Sun Communities Inc: The Vanguard Group amended its Schedule 13G/A to report 0 shares beneficially owned and 0% of the common stock as reported in this filing. The amendment explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538 (January 12, 1998), after which certain Vanguard subsidiaries and business divisions report beneficial ownership separately and Vanguard no longer is deemed to beneficially own securities held by those entities. The filing is signed by Ashley Grim, dated 03/27/2026, and lists Vanguard's address and issuer details for Sun Communities Inc.
Sun Communities President and COO John Bandini McLaren reported a routine tax-related share disposition. On this date, 872 shares of common stock were withheld at $135.27 per share to cover tax obligations, leaving him with 74,248 shares held directly and 10 shares held indirectly in an IRA.
Sun Communities Inc. SVP and Chief Accounting Officer Brian P. Loftus received a grant of 5,185 shares of common stock as equity compensation. The award was valued at $135.0000 per share. Following this grant, Loftus directly holds 15,496 shares of Sun Communities common stock.
The new shares are restricted stock subject to time-based vesting. According to the terms, 1,729 shares vest on March 12, 2027, 1,728 shares vest on March 12, 2028, and 1,728 shares vest on March 12, 2029. This is a compensation-related acquisition rather than an open-market purchase.