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Sun Communities names interim CFO, outlines pay | SUI SEC Filing

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February 10, 2026
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Sun Communities names interim CFO, outlines pay | SUI SEC Filing
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false000091259300009125932026-02-042026-02-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-Okay

CURRENT REPORT

Pursuant to Part 13 OR 15(d)

of The Securities Alternate Act of 1934

Date of Report: February 4, 2026

(Date of earliest occasion reported)

sun-corporate-tm-oval-orange-logo-pantone.jpg

SUN COMMUNITIES, INC.

(Actual Identify of Registrant as Laid out in its Constitution)

Maryland 1-12616 38-2730780
(State of Incorporation) Fee file quantity (I.R.S. Employer Identification No.)
27777 Franklin Rd. Suite 300, Southfield, Michigan   48034
(Handle of Principal Government Places of work)   (Zip Code)

(248) 208-2500

(Registrant’s phone quantity, together with space code)

Examine the suitable field beneath if the Kind 8-Okay submitting is meant to concurrently fulfill the submitting obligation of the registrant underneath any of the next provisions:

☐ Written communications pursuant to Rule 425 underneath the Securities Act (17 CFR 230.425)

☐ Soliciting materials pursuant to Rule 14a-12 underneath the Alternate Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) underneath the Alternate Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) underneath the Alternate Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Part 12(b) of the Act:

Title of every class

Buying and selling Image(s)

Identify of every change on which registered

Widespread Inventory, $0.01 par worth

SUI

New York Inventory Alternate

Point out by verify mark whether or not the Registrant is an rising progress firm as outlined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Alternate Act of 1934 (§240.12b-2 of this chapter):

☐ Rising progress firm

If an rising progress firm, point out by verify mark if the Registrant has elected to not use the prolonged transition interval for complying with any new or revised monetary accounting requirements supplied pursuant to Part 13(a) of the Alternate Act. ☐


Merchandise 5.02 Departure of Administrators or Sure Officers; Election of Administrators; Appointment of Sure Officers; Compensatory Preparations of Sure Officers.

Appointment of Fernando Castro-Caratini as Chief Monetary Officer on an interim foundation

On February 4, 2026, the Firm appointed Fernando Castro-Caratini to function Chief Monetary Officer, Government Vice President, Secretary and Treasurer of the Firm on an interim foundation, efficient instantly (the “Efficient Date”). Mr. Castro-Caratini will function Chief Monetary Officer, Government Vice President, Secretary and Treasurer of the Firm till a everlasting Chief Monetary Officer is appointed. The Firm has initiated a broad, complete search to determine a everlasting Chief Monetary Officer.

Till his appointment, Mr. Castro-Caratini, age 42, was serving as a senior advisor to the Firm. Previous to that Mr. Castro-Caratini served as Chief Monetary Officer, Government Vice President, Secretary and Treasurer of the Firm for about 4 years. From November 2016 to Might 2022, Mr. Castro-Caratini was the Firm’s Senior Vice President, Finance & Capital Markets and earlier than becoming a member of the Firm, Mr. Castro-Caratini was with Citigroup within the Actual Property & Lodging Funding Banking group the place he executed on a broad vary of strategic and capital markets transactions for actual property and lodging shoppers. He acquired a B.A. from Washington College in Saint Louis, and an MBA from New York College’s Stern College of Enterprise.

In connection together with his appointment, on February 10, 2026, the Firm and Mr. Castro-Caratini entered into an Amended and Restated Transition Providers Settlement, which is efficient as of the Efficient Date (the “Transition Providers Settlement”). Underneath the Transition Providers Settlement, (i) Mr. Castro-Caratini will proceed to supply companies to the Firm as Chief Monetary Officer, Government Vice President, Secretary and Treasurer of the Firm from the Efficient Date till February 28, 2027, or the sooner termination of the Transition Providers Settlement (the “Transition Interval”); (ii) throughout the Transition Interval, the Firm will pay Mr. Castro-Caratini a wage of $45,833 per thirty days and proceed to supply him with worker advantages; (iii) Mr. Castro-Caratini might be eligible to obtain a money bonus of as much as $1,100,000 for his efficiency throughout 2026, as decided by the Compensation Committee of the Board; (iv) Mr. Castro-Caratini might be eligible to obtain a further money bonus of $1,000,000 (the “Tenure Bonus”) if he serves as Chief Monetary Officer till February 28, 2027; and (v) within the occasion of termination of the Transition Providers Settlement, Mr. Castro-Caratini could also be entitled to various severance advantages relying on the circumstances of such termination, together with the explanation for and timing thereof. These advantages might embrace continued wage funds for a interval after the Transition Interval, and eligibility to obtain all or a portion of every of his 2026 efficiency bonus and the Tenure Bonus. Incentive compensation paid or payable to Mr. Castro-Caratini could also be topic to the Firm’s Government Compensation Restoration (Clawback) Coverage in accordance with its phrases.

Mr. Castro-Caratini doesn’t have any household relationships with any of the Firm’s administrators or govt officers and isn’t a celebration to any transactions listed in Merchandise 404(a) of Regulation S-Okay. Additional, no association or understanding exists between Mr. Castro-Caratini or every other individual pursuant to which Mr. Castro-Caratini was chosen as Chief Monetary Officer, Government Vice President, Secretary and Treasurer on an interim foundation.

The previous description of the Transition Providers Settlement is certified in its entirety by reference to the complete textual content of the Transition Providers Settlement which is filed as Exhibit 10.1, and the phrases of that are integrated by reference herein, to this Kind 8-Okay.

Departure of Mark E. Patten as Chief Monetary Officer

On February 4, 2026, Mark E. Patten departed from his position as Chief Monetary Officer, Government Vice President, Secretary and Treasurer of the Firm. Mr. Patten’s departure was a mutual determination and isn’t the results of any disagreements associated to the Firm’s monetary insurance policies, together with any accounting ideas and practices, or associated to any monetary statements or disclosures. In connection together with his separation, the Firm has agreed to pay Mr. Patten separation funds within the quantity of $3,000,000.

Merchandise 9.01

Monetary Statements and Reveals

(d)        Reveals.


10.1*#    Amended and Restated Transition Providers Settlement dated efficient February 4, 2026 amongst Sun Communities, Inc., Sun Communities Working Restricted Partnership and Fernando Castro-Caratini

104        Cowl Web page Interactive Information File (embedded inside the Inline XBRL doc)

* Administration contract or compensatory plan or association

# Sure schedules and displays have been omitted pursuant to Merchandise 601(a)(5) of Regulation S-Okay as a result of such schedules and displays don’t include info which is materials to an funding determination or which isn’t in any other case disclosed within the filed agreements. The Firm will furnish the omitted schedules and displays to the SEC upon request by the SEC.


SIGNATURES

Pursuant to the necessities of the Securities Alternate Act of 1934, the Registrant has duly prompted this Report back to be signed on its behalf by the undersigned hereunto duly licensed.

SUN COMMUNITIES, INC.

Dated: February 10, 2026

By:

/s/ Fernando Castro-Caratini

Fernando Castro-Caratini, Chief Monetary Officer, Government Vice President, Secretary and Treasurer



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