Form 4: Sun Communities CFO Sells Shares for Tax Obligations
Insider Transaction Report
Sun Communities' EVP, CFO, Secretary & Treasurer, Fernando Castro-Caratini, disposed of 19,008 shares of common stock to cover tax liabilities.
Summary
- Fernando Castro-Caratini, Executive Vice President, Chief Financial Officer, Secretary, and Treasurer of Sun Communities Inc. (SUI), reported a change in beneficial ownership.
- The transaction involved the disposition of 19,008 shares of common stock, with a par value of $0.01, on December 30, 2025.
- The shares were disposed of at a price of $125.47 per share.
- This transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Following this transaction, Fernando Castro-Caratini beneficially owns 41,606 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary insider transaction (disposition for tax purposes) which typically has a neutral impact on market sentiment.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/30/2025 | Transaction Date for disposition of common stock |
| 01/02/2026 | Form 4 Signature Date |
Keywords
Sun Communities, SUI, Fernando Castro-Caratini, insider transaction, Form 4, stock sale, tax withholding, CFO
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