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confidence high
sentiment neutral
materiality 0.40
Sun Communities amends Aaron Weiss employment agreement; base salary $600k, 5-year term
SUN COMMUNITIES INC
- Aaron Weiss, EVP & CIO, enters amended employment agreement effective Oct 19, 2026, for 5-year term.
- Annual base salary of $600,000; target annual cash bonus set at 100% of base salary.
- Severance for termination without cause/good reason: 1.5x (base + target bonus) plus equity vesting.
- Change-in-control termination pays 2x (base + target bonus) with full equity acceleration.
- Non-compete runs up to 18 months; 12 months if company elects non-renewal.