In 2022, Gary A. Shiffman earned $22.59M in total compensation at Sun Communities, including $900.00K salary, $1.67M bonus and $20.01M in stock. Most recently acquired 60,000 shares in Mar 2025. Currently holds stock worth $351.84M. Has donated $169.48M in stock to charitable causes. Has led Sun Communities for over 32 years.
Compensation History
Annual executive compensation data for Gary A. Shiffman, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$22.59M
Salary
$900.00K
Bonus
$1.67M
Other
$6.13K
Salary
$900.00KBoard Justification
The compensation philosophy aims to attract and retain skilled executives, linking compensation to performance metrics and aligning with shareholder interests.
Bonus
$1.67MBoard Justification
Annual incentive based on performance metrics including Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives for the year 2022, paid in 2023.
Other Compensation
$6.13KBoard Justification
Other compensation includes benefits provided under non-discriminatory benefit plans available to all employees.
Restricted Stock
Board Justification
Vested stock awards based on performance metrics from previous years, specifically for the years 2019 and 2021, which vested in 2022.
Performance Metrics
Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives.
Gary A. Shiffman
Founder and CEO of Sun Communities
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Real Estate
Born
January 1, 1955 - 70 years ago
CEO of Sun Communities for
32 years 11 months (Jan 1993 - Present)
Previous Experience
Director and executive officer since inception in 1993
Other Sun Communities CEOs
Holdings
Track Gary A. Shiffman's stock holdings and portfolio value over time.
Total Stock Sold
$77.92M
$77.92M
434,276 SUI shares
What if they kept their stock?
If Gary A. Shiffman didn't sell their stock, today they would have:
Extra SUI434,276 shares worth $55.69M.
This is -28.53% and $22.23M less than what they got when they sold the stock.
Charitable Transactions
1,321,674 shares
SUI
Recent Charitable Transactions
850 shares
SUI
Dec 31, 2024
Charity
10,800 shares
SUI
Mar 17, 2023
Charity
410,543 shares
SUI
Dec 31, 2022
Charity
44,000 shares
SUI
Jul 28, 2021
Charity
168,671 shares
SUI
Dec 31, 2020
Charity
600,000 shares
SUI
Mar 24, 2020
Charity
Insider Trading
Gary A. Shiffman's recent stock transactions, purchases, and sales filed with the SEC.
$8.02M
SUI at $133.63/share
Mar 7, 2025
Received
82,078 shares
SUI
Jan 21, 2025
Charity
850 shares
SUI
Dec 31, 2024
Charity
$660.65K
SUI at $132.13/share
Mar 4, 2024
Received
66,300 shares
SUI
Jan 12, 2024
Charity
66,300 shares
SUI
Jan 12, 2024
Charity
21,656 shares
SUI
May 1, 2023
Charity
10,800 shares
SUI
Mar 17, 2023
Charity
$10.99M
SUI at $146.55/share
Feb 23, 2023
Received
42,506 shares
SUI
Feb 21, 2023
Charity
Rivals
Compare Gary A. Shiffman with competitor CEOs and industry peers.
Dallas B. Tanner
Founder and CEO of Invitation Homes
2023 Compensation
Stock
$6.94M
Salary
$1.00M
Bonus
$1.89M
Other
$11.39K
Total Holdings
$98.97M
Jerry A. Davis
CEO of UDR
2023 Compensation
Stock
$9.13M
Salary
$950.00K
Bonus
$0.00
Other
$199.43K
Total Holdings
$9.59M
D. Keith Oden
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.81M
Other
$3.00K
Total Holdings
$60.84M
Richard J. Campo
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.82M
Other
$3.00K
Total Holdings
$35.11M
Angela L. Kleiman
CEO of Essex Property Trust
2023 Compensation
Stock
$1.10M
Salary
$862.50K
Bonus
$2.17M
Other
$47.82K
Total Holdings
$6.92M
Timothy J. Naughton
CEO of AvalonBay Communities
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$560.45K
Total Holdings
$164.97K