Loftus Brian P 4

What Happened

• Brian P. Loftus, Senior Vice President and Chief Accounting Officer of Sun Communities (SUI), was granted 5,185 shares of restricted stock on March 12, 2026. The grant is recorded at $135.00 per share, for a total award value of $699,975. This was an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date and price: March 12, 2026 — 5,185 shares granted at $135.00 per share.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Vesting/footnote: All 5,185 shares are restricted and subject to time-based vesting — 1,729 shares vest on March 12, 2027, 1,728 on March 12, 2028, and 1,728 on March 12, 2029.
• Filing timeliness: Form 4 filed March 16, 2026; this filing appears timely relative to the March 12 transaction.

Context

• Restricted stock awards are a form of compensation and typically vest over time; they are not the same as an insider buying shares on the open market. While purchases can be seen as a direct bullish signal, grants mainly reflect company compensation practices and retention incentives rather than immediate trading intent.