Here are the 10-K annual reports from Elme Communities (ELME) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ELME and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ELME filings page.
Elme Communities filed an Amendment No. 1 to its annual report to add the Part III information normally found in a proxy statement, including detailed disclosures on trustees, executive officers, governance and compensation.
The filing explains board changes and committee structures, and notes that two trustees, Ellen Goitia and Ron Sturzenegger, resigned effective March 2, 2026. It describes Elme’s previously approved Plan of Sale and Liquidation and the November 12, 2025 portfolio sale that triggered change-in-control treatment under existing incentive plans, leading to accelerated vesting and payouts under the prior short- and long‑term incentive programs.
New retention agreements for key executives replace prior change‑in‑control arrangements and provide fixed retention payments—such as $5,062,631 for CEO Paul McDermott—if they stay through specified retention dates, plus a new short‑term incentive plan tied to liquidating distributions, timing of asset sales and execution of the liquidation plan.
Elme Communities, a Maryland-based apartment REIT, is winding down under a formal Plan of Sale and Liquidation after selling a 19‑property multifamily portfolio for approximately $1.6 billion in cash. The company completed this portfolio sale in November 2025 and simultaneously entered into a $520.0 million senior secured term loan with Goldman Sachs Bank USA, collateralized by ten remaining properties.
Shareholders approved the plan and Elme has adopted liquidation-basis accounting. An initial liquidating distribution of $14.67 per share, totaling about $1.3 billion, was paid in January 2026. Management currently targets selling all remaining properties by mid‑2026 and has estimated an additional liquidating distribution range of $2.35 to $2.80 per share, subject to property sale prices, operating results, costs, reserves, debt repayment and other uncertainties. Regular quarterly dividends of $0.18 per share paid during 2025 have ceased in favor of liquidating distributions, and Elme expects its NYSE‑listed shares to be delisted at a future Board‑determined date.