Sun Communities appoints Mark E. Patten as CFO, effective Jan 5, 2026; Castro-Caratini to advise

SUN COMMUNITIES INC

Mark E. Patten appointed CFO, EVP, Secretary and Treasurer, starting Jan 5, 2026.
Patten receives $600k base salary, $3.5M retention equity (4-yr vest), and $2.3M cash bonus.
Outgoing CFO Castro-Caratini will serve as Senior Adviser through June 30, 2026 at $45,833/mo; 50,200 restricted shares vest.
Former CEO Gary Shiffman transition agreement provides $75k/mo through Mar 31, 2026; all 118,000 unvested shares vest Jan 2, 2026.
Patten previously CFO of Essential Properties Realty Trust (EPRT), CTO Realty Growth, and Alpine Income Property Trust.

item 5.02 item 7.01 item 9.01

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