{"schema_version":"secwatch.filing_event.v1","accession":"0000912593-25-000164","form_type":"8-K","ticker":"SUI","cik":"0000912593","company_name":"SUN COMMUNITIES INC","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.776101+00:00","generated_at":"2026-05-22T15:52:39.531857+00:00","sec_items":["2.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"confidence":"high","headline":"Sun closes Safe Harbor sale for ~$5.25B net; redeems $900M notes, authorizes $1B buyback, special $4 dividend","bullets":["Initial closing of Safe Harbor sale to Blackstone affiliate; net cash proceeds ~$5.25B.","Redemption of all $500M 5.5% notes due 2029 and $400M 5.7% notes due 2033 on May 10, 2025.","Board authorized $1B stock repurchase program expiring April 30, 2026.","Special one-time cash distribution of $4.00/share payable May 22, 2025 to record May 14, 2025.","Plans to increase quarterly distribution ~10.6% to $1.04/share; expects annualized interest savings ~$160M."],"urls":{"canonical":"https://secwatch.observer/filing/0000912593-25-000164","json":"https://secwatch.observer/filing/0000912593-25-000164.json","markdown":"https://secwatch.observer/filing/0000912593-25-000164.md","text":"https://secwatch.observer/filing/0000912593-25-000164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912593/000091259325000164/0000912593-25-000164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912593/000091259325000164/sui-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T15:52:39.531857+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}