Recent Updates — SUI
August 27, 2026View Source ↗
Sun Communities, Inc. announced that Aaron Weiss, its Chief Investment Officer and Executive Vice President, entered into an Amended and Restated Employment Agreement effective October 19, 2026. The five-year agreement sets his annual base salary at $600,000 with a target cash bonus equal to 100% of base salary. Severance provisions include payments of 1.5 times the sum of base salary and target bonus for termination without cause or resignation for good reason, resulting in full vesting of equity awards. In a change of control scenario, Weiss would receive severance equal to two times his combined compensation plus accelerated equity vesting. Sun Communities operates in the self-storage industry.