secwatch.observer — SEC 8-K summary
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Issuer:     SUN COMMUNITIES INC (SUI)
CIK:        0000912593
Form:       8-K
Filed at:   2026-08-27T20:02:18+00:00
Accession:  0000912593-26-000243
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Communities amends Aaron Weiss employment agreement; base salary $600k, 5-year term
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912593/000091259326000243/0000912593-26-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912593/000091259326000243/sui-20260821.htm
  HTML page:      https://secwatch.observer/filing/0000912593-26-000243

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer