---
schema_version: "secwatch.filing_event.v1"
accession: "0000912593-26-000262"
form_type: "8-K"
ticker: "SUI"
cik: "0000912593"
company_name: "SUN COMMUNITIES INC"
filed_at: "2026-10-02T15:19:17+00:00"
generated_at: "2026-10-12T14:33:51.945814+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# SUI creates Series M Preferred; issues 283,126 units at $100 for Oregon asset contribution

## Summary
- SCOLP issued 283,126 Series M Preferred Units at $100/unit, or $28.3M, to Saint Lucia/Rowan Oak MHC, LLC as consideration for assets including Eugene, Oregon real property.
- Series M distributions: 3.2%/year until Oct 1, 2027, 3.4% until Oct 1, 2028, then 3.6%; cumulative quarterly payments on Mar 31, Jun 30, Sep 30, Dec 31.
- Each Series M unit exchangeable into SUI common at $100.00/$174.00 = 0.5747 shares; holders may redeem for $100/unit plus accrued distributions on or after Oct 1, 2027.
- Series M ranks senior to Common OP Units and Series A-3 Preferred Units, junior to all other SCOLP preferred series except A-3.
- Distributions on Series M units are cumulative from the Oct 1, 2026 issuance date, payable quarterly in arrears; no stated maturity.

## SEC filing metadata
- accession: 0000912593-26-000262
- form_type: 8-K
- ticker: SUI
- cik: 0000912593
- company_name: SUN COMMUNITIES INC
- filed_at: 2026-10-02T15:19:17+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912593/000091259326000262/0000912593-26-000262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912593/000091259326000262/sui-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912593-26-000262
- JSON: https://secwatch.observer/filing/0000912593-26-000262.json
- Plain text: https://secwatch.observer/filing/0000912593-26-000262.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.