Sun Communities appoints Fernando Castro-Caratini as interim CFO; Mark Patten departs with $3M separation

SUN COMMUNITIES INC

Mark E. Patten departed as CFO on Feb 4, 2026; mutual decision, no disagreement with financial policies.
Fernando Castro-Caratini, previously CFO for ~4 years, appointed interim CFO effective Feb 4, 2026.
Castro-Caratini receives $45,833/month salary, up to $1.1M 2026 bonus, and $1M tenure bonus if serving through Feb 2027.
Company has initiated a comprehensive search for a permanent CFO.
Patten receives $3M separation payment; his departure is not due to any accounting or financial reporting disagreements.

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