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Elme Communities (ELME) director reports 2,883 stock units grant

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Elme Communities director Ron D. Sturzenegger reported an equity award dated 12/15/2025. He acquired 2,883 common stock restricted share units at a stated price of $0.0, bringing his total beneficial ownership to 5,208.8439 shares held directly.

The filing explains that these restricted share units were granted under the Elme Communities 2016 Incentive Plan (as amended and restated effective as of May 30, 2024) and the Company’s Deferred Compensation Plan for Directors, with the number of shares based on the 12/15/2025 closing price of $17.34, and that the units settle only in stock. It also notes the acquisition of 16.029 dividend equivalent units received during the fourth quarter of 2025 under the Deferred Compensation Plan for Directors.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sturzenegger Ron D.

(Last) (First) (Middle)
7550 WISCONSIN AVE, SUITE 900

(Street)
BETHESDA MD 20814

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Elme Communities [ ELME ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2025 A 2,883(1) A $0.0 5,208.8439(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These are Restricted Share Units granted pursuant to the Elme Communities 2016 Incentive Plan (as amended and restates effective as of May 30, 2024) and the Company's Deferred Compensation Plan for Directors - the number of shares awarded is based on the closing price on 12/15/2025 of $17.34. The units settle only in stock.
2. Reflects the acquisition of 16.029 dividend equivalent units received during the fourth quarter of 2025 pursuant to the Company's Deferred Compensation Plan for Directors.
By: W. Drew Hammond For: Ron D. Sturzenegger 12/16/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Elme Communities (ELME) report on 12/15/2025?

Elme Communities reported that director Ron D. Sturzenegger acquired 2,883 common stock restricted share units on 12/15/2025, at a stated price of $0.0 per unit.

How many Elme Communities shares does the director beneficially own after this transaction?

Following the reported transaction, Ron D. Sturzenegger beneficially owns 5,208.8439 Elme Communities shares, held directly.

Under which plans were the Elme Communities restricted share units granted?

The restricted share units were granted under the Elme Communities 2016 Incentive Plan (as amended and restated effective as of May 30, 2024) and the Company’s Deferred Compensation Plan for Directors.

What share price was used to determine the number of Elme Communities restricted share units granted?

The number of restricted share units awarded was based on the Elme Communities closing stock price of $17.34 on 12/15/2025.

Do the Elme Communities restricted share units reported here settle in cash or stock?

The filing states that the restricted share units settle only in stock of Elme Communities.

What are the dividend equivalent units mentioned in the Elme Communities director filing?

The filing notes the acquisition of 16.029 dividend equivalent units received during the fourth quarter of 2025 under the Company’s Deferred Compensation Plan for Directors.

Elme Communities

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ELME Stock Data

1.53B
86.73M
1.38%
94.78%
2.58%
REIT - Residential
Real Estate Investment Trusts
Link
United States
BETHESDA