[Form 4] Elme Communities Insider Trading Activity

Elme Communities (ELME) disclosed insider transactions by its EVP & CFO, Steven M. Freishtat, on 11/12/2025.

Rhea-AI Filing Summary

Elme Communities (ELME) disclosed insider transactions by its EVP & CFO, Steven M. Freishtat, on 11/12/2025. The filings show multiple Code F entries—share withholdings to cover taxes on vested shares—at a price of $16.61 per share. After these transactions, he beneficially owned 42,636 shares, held directly.

The footnote states the vesting was in connection with the closing under a Purchase Agreement dated August 1, 2025, among Elme Communities and related entities. These are administrative tax-settlement events rather than open-market sales.

Insider Trade Summary

Exercise Price or Tax Liability: 8,364 shares

Exercise Price or Tax Liability 7 txns

Insider Freishtat Steven

Role EVP & CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,333	$16.61	$22K
Exercise Price or Tax Liability	Common Stock	1,292	$16.61	$21K
Exercise Price or Tax Liability	Common Stock	1,292	$16.61	$21K
Exercise Price or Tax Liability	Common Stock	1,292	$16.61	$21K
Exercise Price or Tax Liability	Common Stock	1,333	$16.61	$22K
Exercise Price or Tax Liability	Common Stock	721	$16.61	$12K
Exercise Price or Tax Liability	Common Stock	1,101	$16.61	$18K

Holdings After Transaction: Common Stock — 42,636 shares (Direct)

Footnotes (1)

1. F1. For net share settlement of taxes on vested shares that vested in connection with the closing under that certain Purchase Agreement, dated as of August 1, 2025, by and among Elme Communities, WashREIT OP LLC, Echo Sub LLC, CEVF VI Capitol Holdings, LLC and CEVF VI Co-Invest I Venture, LLC.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Elme Communities (ELME) report in this Form 4?

The EVP & CFO reported multiple Code F transactions—shares withheld to cover taxes on vested shares—on 11/12/2025 at $16.61 per share.

Who is the reporting person in the ELME filing?

Steven M. Freishtat, EVP & CFO of Elme Communities.

How many shares does the ELME CFO own after the transactions?

Following the transactions, the CFO beneficially owned 42,636 shares, held directly.

What does transaction code F mean in this context?

Code F indicates shares were withheld to satisfy tax obligations upon vesting of equity awards.

What price is listed for the ELME share withholding entries?

Each entry lists a price of $16.61 per share.

What triggered the vesting noted in the footnote?

The vesting occurred in connection with the closing under a Purchase Agreement dated August 1, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/14/2025 - 04:09 PM Learn about SEC filing dates

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^*

Freishtat Steven

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

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	11/12/2025		F		1,333(1)	D	$16.61	49,667	D
Common Stock	11/12/2025		F		1,292(1)	D	$16.61	48,375	D
Common Stock	11/12/2025		F		1,292(1)	D	$16.61	47,083	D
Common Stock	11/12/2025		F		1,292(1)	D	$16.61	45,791	D
Common Stock	11/12/2025		F		1,333(1)	D	$16.61	44,458	D
Common Stock	11/12/2025		F		721(1)	D	$16.61	43,737	D
Common Stock	11/12/2025		F		1,101(1)	D	$16.61	42,636	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. For net share settlement of taxes on vested shares that vested in connection with the closing under that certain Purchase Agreement, dated as of August 1, 2025, by and among Elme Communities, WashREIT OP LLC, Echo Sub LLC, CEVF VI Capitol Holdings, LLC and CEVF VI Co-Invest I Venture, LLC.

	By: W. Drew Hammond For: Steven M. Freishtat	11/13/2025
	** 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.