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.

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