Form 4: Sun Communities CEO Gary Shiffman Reports Changes in Beneficial Ownership
SEC Filing Form 4
Gary Shiffman, Chairman, President, and CEO of Sun Communities Inc., reports a transaction involving common stock, resulting in an updated beneficial ownership.
Summary
- Gary Shiffman, the Chairman, President, and CEO of Sun Communities Inc. (SUI), filed a Form 4 with the SEC.
- The filing reports a transaction on March 20, 2024, involving the disposition of 2,093 shares of common stock at a price of $131.28.
- Following the transaction, Shiffman directly owns 903,606 shares of Sun Communities Inc.
- He also indirectly owns 5,871 shares through his spouse and 86,800 shares through an irrevocable trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of the company's CEO.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transaction involving common stock. |
| 03/21/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.