SUI · Sun Communities Inc · Executive Compensation

$118.52 +1.11 (+0.95%) At close · Nov 13 Play latest call Q2 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$14.44B

121.80M

Volume · Nov 13 645.99K Avg daily vol (3M) 1.51M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and former CEO	$900,000	—	$7,354,948	—	$3,300,000	$995,036	$12,549,984
Charles D. Young	CEO	$218,725	—	$7,921,661	—	$1,725,000	$15	$9,865,401
Aaron Weiss	Executive Vice President, Chief Investment Officer	$575,000	—	$4,256,020	—	$2,150,000	$483,553	$7,464,573
Fernando Castro-Caratini	Executive Vice President, CFO, Treasurer and Secretary	$550,000	—	$3,882,972	—	$1,800,000	$395,564	$6,628,536
John McLaren	President and COO	$600,000	—	$3,797,387	—	$1,350,000	$520,598	$6,267,985
Marc Farrugia	Executive Vice President, Chief Administrative Officer	$506,445	—	$3,530,583	—	$1,700,000	$336,900	$6,073,929

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Aaron Weiss	Executive Vice President of Corporate Strategy and Business Development	$525,000	—	$1,899,538	—	$895,313	$61,932	$3,381,783
John McLaren	President	$340,734	—	$2,635,200	—	$225,000	$61,932	$3,262,866
Bruce D. Thelen	Executive Vice President, COO	$500,000	—	$1,899,538	—	$187,500	$8,458	$2,595,496
Marc Farrugia	Executive Vice President, Chief Administrative Officer	$475,000	—	$1,676,063	—	$285,000	$116,833	$2,552,896
Fernando Castro-Caratini	Executive Vice President, CFO, Treasurer and Secretary	$550,000	—	$1,676,063	—	$185,625	$10,889	$2,422,577
Gary A. Shiffman	Chairman and CEO	$900,000	—	$558,688	—	$495,000	$14,433	$1,968,121

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and CEO	$900,000	—	$9,283,660	—	$747,000	$16,086	$10,946,746
Fernando Castro-Caratini	Executive Vice President, CFO, Treasurer and Secretary	$550,000	—	$2,475,643	—	$366,850	$8,637	$3,401,130
Bruce D. Thelen	Executive Vice President, COO	$500,000	—	$2,104,296	—	$508,250	$7,560	$3,120,106
Aaron Weiss	Executive Vice President of Corporate Strategy and Business Development	$525,000	—	$1,856,732	—	$393,488	$42,643	$2,817,863
Marc Farrugia	Executive Vice President and Chief Administrative Officer	$475,000	—	$1,237,821	—	$322,635	$2,610	$2,038,066
John McLaren	President	$400,000	—	—	—	$200,000	$39,987	$639,987

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and CEO	$900,000	—	$12,395,450	—	$1,665,000	$6,132	$14,966,582
John B. McLaren	Strategic Advisor, Residential Communities and former President and COO	$650,000	—	$3,645,721	—	$1,202,500	$37,324	$5,535,545
Karen Dearing	Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary	$465,387	—	$3,645,721	—	$813,288	$38,109	$4,962,505
Fernando Castro-Caratini	Executive Vice President, CFO, Treasurer and Secretary	$474,868	—	$1,533,655	—	$669,625	$7,205	$2,685,353
Bruce D. Thelen	Executive Vice President, COO	$500,000	—	$1,559,186	—	$527,500	$7,205	$2,593,891
Aaron Weiss	Executive Vice President of Corporate Strategy and Business Development	$525,000	—	$1,039,457	—	$789,188	$35,938	$2,389,583
Marc Farrugia	Executive Vice President and Chief Administrative Officer	$412,310	—	$1,082,580	—	$439,375	$3,246	$1,937,511

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman, President and CEO	$851,957	—	$11,171,661	—	$1,800,000	$4,670	$13,828,288
John B. McLaren	Strategic Advisor, Residential Communities and former President and COO	$621,152	—	$4,130,649	—	$1,300,000	$1,665	$6,053,466
Karen Dearing	Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary	$559,614	—	$4,130,649	—	$1,200,000	$5,621	$5,895,884
Aaron Weiss	Executive Vice President of Corporate Strategy and Business Development	$95,519	—	$2,256,128	—	$400,000	$33	$2,751,680
Bruce D. Thelen	Executive Vice President, COO	$441,506	—	$992,134	—	$650,000	$7,153	$2,090,793
Marc Farrugia	Executive Vice President and Chief Administrative Officer	$319,720	—	$1,074,600	—	$224,451	$2,028	$1,620,799
Fernando Castro-Caratini	Executive Vice President, CFO, Treasurer and Secretary	$305,245	—	$859,680	—	$201,518	$1,389	$1,367,832

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman, President and CEO	$521,027	—	$9,208,679	—	$1,383,674	$29,043	$11,142,423
Baxter R. Underwood	Chief Executive Officer of Safe Harbor	$57,500	—	$9,547,118	—	—	$100	$9,604,718
John B. McLaren	Strategic Advisor, Residential Communities and former President and COO	$397,614	—	$3,541,800	—	$1,050,000	$8,836	$4,998,250
Karen Dearing	Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary	$323,641	—	$3,541,800	—	$850,000	$6,490	$4,721,931
Bruce D. Thelen	Executive Vice President and COO	$376,640	—	$814,200	—	$382,500	$8,878	$1,582,218
Fernando Castro-Caratini	Executive Vice President, Treasurer, CFO and Secretary	$305,489	—	$651,360	—	$229,117	$3,036	$1,189,002

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and Chief Executive Officer	$691,837	—	$5,889,480	—	$1,383,675	$4,273	$7,969,265
John B. McLaren	President and Chief Operating Officer	$525,000	—	$2,453,950	—	$1,010,625	—	$3,989,575
Karen Dearing	Executive Vice President, Treasurer, Chief Financial Officer and Secretary	$425,000	—	$2,453,950	—	$850,000	$6,647	$3,735,597
Bruce D. Thelen	Executive Vice President of Operations and Sales	$307,878	—	$720,060	—	$153,938	$5,100	$1,186,976
Jonathan M. Colman	Executive Vice President	$75,000	—	—	—	$351,945	$3,794	$430,739

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and Chief Executive Officer	$691,837	—	$7,404,000	—	$1,089,643	$8,298	$9,193,778
John B. McLaren	President and Chief Operating Officer	$525,000	—	$1,851,000	—	$669,375	$1,179	$3,046,554
Karen Dearing	Executive Vice President, Treasurer, Chief Financial Officer and Secretary	$425,000	—	$1,851,000	—	$669,375	$8,506	$2,953,881
Bruce D. Thelen	Executive Vice President Operations and Sales	$281,538	—	$607,140	—	$120,000	$2,556	$1,011,234
Jonathan M. Colman	Executive Vice President	$75,000	—	—	—	$481,992	$2,816	$559,808

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gary A. Shiffman	Chairman and Chief Executive Officer	$691,837	—	$11,376,973	—	$1,037,756	$5,720	$13,112,286
John B. McLaren	President and Chief Operating Officer	$525,000	—	$1,896,162	—	$787,500	$876	$3,209,538
Karen Dearing	Executive Vice President, Treasurer, Chief Financial Officer and Secretary	$425,000	—	$1,896,162	—	$637,500	$1,337	$2,959,999
Jonathan M. Colman	Executive Vice President	$75,000	—	—	—	$375,236	$392	$450,628

Executive changes

Person	Role	Change	Effective	Filed
Robert A. Garechana	Chief Financial Officer, Executive Vice President, and Treasurer	Appointed	2026-09-08	2026-08-25
John B. McLaren	Chief Operating Officer	Appointed	2026-03-09	2026-03-09
Fernando Castro-Caratini	Chief Financial Officer, Executive Vice President, Secretary and Treasurer of the Company on an interim basis	Appointed	2026-02-04	2026-02-10
Mark E. Patten	Chief Financial Officer, Executive Vice President, Secretary and Treasurer	Appointed	2026-01-05	2025-12-16
Gary A. Shiffman	Non-Executive Chairman of the Board	Appointed	2025-10-01	2025-07-23
Gary A. Shiffman	Chief Executive Officer	Retired	2025-10-01	2025-07-23
Charles D. Young	director	Appointed	2025-10-01	2025-07-23
Charles D. Young	Chief Executive Officer	Appointed	2025-10-01	2025-07-23
Brian Loftus	Senior Vice President and Chief Accounting Officer	Appointed	2025-03-17	2025-03-18
John B. McLaren	President	Appointed	2024-11-06	2024-11-07
Craig A. Leupold	directors of the Company	Appointed	2024-02-15	2024-02-16
Jerry Ehlinger	directors of the Company	Appointed	2024-02-15	2024-02-16
Jeff T. Blau	director	Appointed	2023-01-25	2023-01-25
Bruce D. Thelen	Chief Operating Officer and Executive Vice President	Appointed	2022-12-31	2022-09-07
Gary A. Shiffman	President	Appointed	2022-12-31	2022-09-07

Leadership

Charles D. Young CEO, Board Member
Charles Young CEO, Board Member
Gary A. Shiffman CEO, Chairman
Gary Shiffman CEO
Fernando Castro-Caratini CFO
Mark E. Patten CFO, General Counsel
Robert A. Garechana CFO
John B. McLaren COO
John McLaren COO
Brian Loftus Chief Accounting Officer
Craig A. Leupold Board Member
Jeff T. Blau Board Member
Jerry Ehlinger Board Member
Tonya Allen Board Member

Key facts CIK 912593 CUSIP 866674104 13F (30d) 439 filings 391 filers Visit website Investor relations