Sun Communities, Inc. has appointed Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026. McAlary brings extensive experience in legal, compliance, and governance to the real estate investment trust, which owns and operates manufactured housing and recreational vehicle communities. The appointment is intended to strengthen the company's leadership team as it executes on its strategic priorities and drives long-term value for stakeholders.

McAlary joins Sun Communities from SpartanNash, a Fortune 400 food solutions company, where she served as Executive Vice President, Chief Legal and Compliance Officer, and Corporate Secretary. In that role, she led the company’s legal, compliance, government affairs, aviation, and food safety and quality assurance functions. Her background includes strategic counsel, operational rigor, mergers and acquisitions expertise, and public company governance.

"We are thrilled to welcome Ileana to Sun Communities," said Charles D. Young, Chief Executive Officer. "She is a proven leader who brings a unique combination of strategic counsel, operational rigor, mergers and acquisitions expertise, and public company governance expertise that will be invaluable as we continue to execute on our strategic priorities. We are confident Ileana will make an immediate impact on our leadership team and help drive long-term value for our stakeholders."

Earlier in her career, McAlary served as Vice President, Associate General Counsel and Compliance Officer at Wolverine Worldwide and held senior legal roles at Meijer and Amway Corporation. She earned her J.D. from Wayne State University Law School and holds a B.A. in International Relations and Business from Grand Valley State University. She is a member of the State Bar of Michigan.

Sun Communities, Inc. is a REIT that, as of March 31, 2026, owned, operated, or had an interest in a portfolio of 515 developed properties comprising approximately 179,300 developed sites in the United States, Canada, and the United Kingdom.

The United States District Court for the Eastern District of Michigan has scheduled a hearing for July 29, 2026, to consider a proposed class action settlement involving Sun Communities, Inc. The settlement amount is $2,300,000.00 for purchasers of the company's publicly-traded common stock between February 28, 2019, and September 24, 2024. The hearing will determine the fairness of the settlement, the distribution plan, and requests for attorneys' fees and expenses.

Settlement Details

The proposed settlement includes a fund of $2,300,000.00. Lead Counsel has requested attorneys' fees of up to one-third plus interest of the settlement amount, reimbursement of expenses not exceeding $55,000, and service awards of up to $3,500 for the Lead Plaintiff and $2,500 for Plaintiff Nelson. The court will also decide whether to certify the action as a class action and dismiss it with prejudice.

Key Dates and Deadlines

Class Member Actions

Members of the Settlement Class must submit a Proof of Claim and Release Form to share in the distribution of the Net Settlement Fund. Forms must be submitted electronically or postmarked no later than July 1, 2026. Class members who wish to exclude themselves from the settlement must submit a request for exclusion by the same deadline. Objections to the settlement or fee requests must also be received by July 1, 2026.

The Claims Administrator, Strategic Claims Services, is available to assist class members in obtaining notices and submitting claims. The Settlement Hearing will be held before the Honorable Linda V. Parker at the United States District Court for the Eastern District of Michigan in Detroit, MI, though the court reserves the right to hold it telephonically.