Elme Communities COO files Form 4; post-trade stake 41,180 shares
Rhea-AI Filing Summary
Elme Communities (ELME) executive Tiffany M. Butcher (EVP & COO) filed a Form 4 reporting multiple Code F transactions on 11/12/2025 at $16.61 per share. Code F indicates shares were withheld to cover taxes on vested equity tied to the closing under a Purchase Agreement dated August 1, 2025.
Following these tax-withholding dispositions, she beneficially owns 41,180 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,347 shares
Net Sell
8 txns
Insider
Butcher Tiffany Michelle
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,453 | $16.61 | $41K |
| Exercise Price or Tax Liability | Common Stock | 704 | $16.61 | $12K |
| Exercise Price or Tax Liability | Common Stock | 972 | $16.61 | $16K |
| Exercise Price or Tax Liability | Common Stock | 673 | $16.61 | $11K |
| Exercise Price or Tax Liability | Common Stock | 3,265 | $16.61 | $54K |
| Exercise Price or Tax Liability | Common Stock | 2,378 | $16.61 | $39K |
| Exercise Price or Tax Liability | Common Stock | 2,453 | $16.61 | $41K |
| Exercise Price or Tax Liability | Common Stock | 3,449 | $16.61 | $57K |
Holdings After Transaction:
Common Stock — 41,180 shares (Direct)
Footnotes (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.
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FAQ
What insider activity did ELME report?
The EVP & COO, Tiffany M. Butcher, reported multiple Code F dispositions on 11/12/2025 at $16.61 per share.
What does Code F mean on a Form 4 for ELME?
Code F denotes shares disposed to cover taxes from vested equity (net share settlement).
What triggered the tax withholding for ELME’s executive?
The filing states it was for net share settlement of taxes on vested shares related to the closing under a Purchase Agreement dated August 1, 2025.
Was the ELME insider transaction under a Rule 10b5-1 plan?
The filing includes a 10b5-1 plan checkbox reference; the summary does not indicate it was selected.