December 9, 2025 · Form 4 insider transaction
SHIFFMAN GARY A bought 156,875 shares of Sun Communities, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
This transaction represents the conversion of Common Operating Partnership Units of Sun Communities Operating Limited Partnership (the "Operating Partnership") reported in Table II into Common Stock of the Issuer reported in Table I. The Reporting Person is a trustee and a beneficiary of the irrevocable trust that owns these securities. The Reporting Person disclaims beneficial ownership of the securities held by the trust except to the extent of his pecuniary interest therein. This conversion was completed for tax planning reasons.