STOCK TITAN

[Form 4] Elme Communities Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Elme Communities (ELME) Form 4 filing: Director Benjamin S. Butcher reported the automatic grant of 1,650.9434 restricted share units (RSUs) on 30-Jun-2025 under the company’s 2016 Incentive Plan and Deferred Compensation Plan for Directors. The RSUs were valued using the 30-Jun-2025 closing price of $15.90 and will settle solely in common stock. Following the award, Butcher’s direct beneficial ownership rises to 92,556.9443 common shares. No derivative securities were involved, and the transaction was coded “A” (acquisition) indicating a non-open-market, board-approved equity grant.

The filing reflects routine director compensation rather than discretionary insider buying. While the additional equity modestly aligns director incentives with shareholders, the ~1.8% increase in Butcher’s holdings is immaterial to Elme’s overall float and is unlikely to move the stock price.

Comunicazione Form 4 di Elme Communities (ELME): Il direttore Benjamin S. Butcher ha riportato la concessione automatica di 1.650,9434 unità azionarie vincolate (RSU) il 30 giugno 2025 nell’ambito del Piano Incentivi 2016 e del Piano di Compensazione Differita per i Direttori della società. Le RSU sono state valutate utilizzando il prezzo di chiusura del 30 giugno 2025 di 15,90 $ e saranno regolate esclusivamente in azioni ordinarie. A seguito dell’assegnazione, la proprietà diretta di Butcher sale a 92.556,9443 azioni ordinarie. Non sono stati coinvolti titoli derivati e la transazione è stata codificata come “A” (acquisizione), indicando una concessione azionaria approvata dal consiglio e non effettuata sul mercato aperto.

La comunicazione riflette una remunerazione ordinaria per il direttore piuttosto che un acquisto discrezionale da parte di un insider. Sebbene l’incremento azionario allinei modestamente gli incentivi del direttore con quelli degli azionisti, l’aumento di circa l’1,8% delle partecipazioni di Butcher è irrilevante rispetto al flottante complessivo di Elme e difficilmente influenzerà il prezzo delle azioni.

Presentación del Formulario 4 de Elme Communities (ELME): El director Benjamin S. Butcher informó la concesión automática de 1,650.9434 unidades restringidas de acciones (RSU) el 30 de junio de 2025 bajo el Plan de Incentivos 2016 y el Plan de Compensación Diferida para Directores de la compañía. Las RSU se valoraron usando el precio de cierre del 30 de junio de 2025 de $15.90 y se liquidarán exclusivamente en acciones comunes. Tras la adjudicación, la propiedad directa de Butcher aumenta a 92,556.9443 acciones comunes. No se involucraron valores derivados y la transacción se codificó como “A” (adquisición), indicando una concesión de acciones aprobada por la junta y no realizada en el mercado abierto.

La presentación refleja una compensación rutinaria para el director en lugar de una compra discrecional por parte de un insider. Aunque el aumento de capital alinea modestamente los incentivos del director con los de los accionistas, el aumento de aproximadamente el 1.8% en las participaciones de Butcher es insignificante para el flotante total de Elme y es poco probable que afecte el precio de las acciones.

Elme Communities (ELME) Form 4 제출: 이사 Benjamin S. Butcher는 회사의 2016 인센티브 플랜 및 이사 대상 이연 보상 플랜에 따라 2025년 6월 30일에 1,650.9434 제한 주식 단위(RSU)의 자동 부여를 보고했습니다. RSU는 2025년 6월 30일 종가인 $15.90로 평가되었으며, 전량 보통주로 정산됩니다. 수여 후 Butcher의 직접 소유 주식은 92,556.9443 보통주로 증가합니다. 파생 증권은 포함되지 않았으며, 거래는 비공개 시장이 아닌 이사회 승인 주식 부여임을 나타내는 “A”(취득) 코드로 분류되었습니다.

이 제출은 임의의 내부자 매수보다는 정기적인 이사 보상에 관한 것입니다. 추가 주식은 이사와 주주의 이해관계를 다소 일치시키지만, Butcher 보유 지분의 약 1.8% 증가는 Elme의 전체 유통 주식 수에 미미하며 주가에 영향을 미칠 가능성은 낮습니다.

Dépôt du Formulaire 4 d’Elme Communities (ELME) : Le directeur Benjamin S. Butcher a déclaré l’octroi automatique de 1 650,9434 unités d’actions restreintes (RSU) le 30 juin 2025 dans le cadre du Plan d’Incitation 2016 et du Plan de Rémunération Différée pour les administrateurs de la société. Les RSU ont été évaluées au cours de clôture du 30 juin 2025 de 15,90 $ et seront réglées uniquement en actions ordinaires. Suite à cette attribution, la détention directe de Butcher s’élève à 92 556,9443 actions ordinaires. Aucun titre dérivé n’a été impliqué et la transaction a été codée « A » (acquisition), indiquant une attribution d’actions approuvée par le conseil d’administration et non réalisée sur le marché ouvert.

Ce dépôt reflète une rémunération habituelle des administrateurs plutôt qu’un achat discrétionnaire d’initiés. Bien que cette augmentation modeste d’actions aligne les intérêts de l’administrateur avec ceux des actionnaires, la hausse d’environ 1,8 % des participations de Butcher est négligeable par rapport au flottant global d’Elme et est peu susceptible d’influencer le cours de l’action.

Elme Communities (ELME) Form 4 Einreichung: Direktor Benjamin S. Butcher meldete die automatische Zuteilung von 1.650,9434 eingeschränkten Aktienanteilen (RSUs) am 30. Juni 2025 im Rahmen des Incentive-Plans 2016 und des Deferred Compensation Plans für Direktoren des Unternehmens. Die RSUs wurden zum Schlusskurs vom 30. Juni 2025 von 15,90 $ bewertet und werden ausschließlich in Stammaktien ausgegeben. Nach der Zuteilung erhöht sich Butchers direkte Beteiligung auf 92.556,9443 Stammaktien. Es waren keine Derivate beteiligt, und die Transaktion wurde mit „A“ (Erwerb) codiert, was auf eine nicht am offenen Markt erfolgte, vom Vorstand genehmigte Aktienzuteilung hinweist.

Die Meldung spiegelt eine routinemäßige Vergütung des Direktors wider und nicht einen diskretionären Insiderkauf. Obwohl die zusätzliche Beteiligung die Interessen des Direktors moderat mit denen der Aktionäre in Einklang bringt, ist der ca. 1,8%ige Anstieg von Butchers Anteilen für den Gesamtstreubesitz von Elme unerheblich und wird den Aktienkurs wahrscheinlich nicht beeinflussen.

Positive
  • Director equity increase: The RSU grant modestly boosts insider ownership, marginally enhancing alignment with shareholder interests.
Negative
  • None.

Insights

TL;DR: Routine RSU grant; minimal financial impact, mildly positive for alignment but not market-moving.

The Form 4 discloses a standard annual equity award to Director Benjamin S. Butcher. The 1,650.9 RSUs—worth roughly $26k—increase his stake to just over 92.5k shares, a negligible portion of Elme Communities’ ~86 million-share base. Because the award is part of an established compensation plan, it does not signal incremental insider confidence beyond normal governance practice. There is no cash outlay, dilution is de minimis, and no derivatives or sales were reported. From an investor perspective, the filing is largely procedural and should be viewed as neutral in terms of valuation or sentiment.

Comunicazione Form 4 di Elme Communities (ELME): Il direttore Benjamin S. Butcher ha riportato la concessione automatica di 1.650,9434 unità azionarie vincolate (RSU) il 30 giugno 2025 nell’ambito del Piano Incentivi 2016 e del Piano di Compensazione Differita per i Direttori della società. Le RSU sono state valutate utilizzando il prezzo di chiusura del 30 giugno 2025 di 15,90 $ e saranno regolate esclusivamente in azioni ordinarie. A seguito dell’assegnazione, la proprietà diretta di Butcher sale a 92.556,9443 azioni ordinarie. Non sono stati coinvolti titoli derivati e la transazione è stata codificata come “A” (acquisizione), indicando una concessione azionaria approvata dal consiglio e non effettuata sul mercato aperto.

La comunicazione riflette una remunerazione ordinaria per il direttore piuttosto che un acquisto discrezionale da parte di un insider. Sebbene l’incremento azionario allinei modestamente gli incentivi del direttore con quelli degli azionisti, l’aumento di circa l’1,8% delle partecipazioni di Butcher è irrilevante rispetto al flottante complessivo di Elme e difficilmente influenzerà il prezzo delle azioni.

Presentación del Formulario 4 de Elme Communities (ELME): El director Benjamin S. Butcher informó la concesión automática de 1,650.9434 unidades restringidas de acciones (RSU) el 30 de junio de 2025 bajo el Plan de Incentivos 2016 y el Plan de Compensación Diferida para Directores de la compañía. Las RSU se valoraron usando el precio de cierre del 30 de junio de 2025 de $15.90 y se liquidarán exclusivamente en acciones comunes. Tras la adjudicación, la propiedad directa de Butcher aumenta a 92,556.9443 acciones comunes. No se involucraron valores derivados y la transacción se codificó como “A” (adquisición), indicando una concesión de acciones aprobada por la junta y no realizada en el mercado abierto.

La presentación refleja una compensación rutinaria para el director en lugar de una compra discrecional por parte de un insider. Aunque el aumento de capital alinea modestamente los incentivos del director con los de los accionistas, el aumento de aproximadamente el 1.8% en las participaciones de Butcher es insignificante para el flotante total de Elme y es poco probable que afecte el precio de las acciones.

Elme Communities (ELME) Form 4 제출: 이사 Benjamin S. Butcher는 회사의 2016 인센티브 플랜 및 이사 대상 이연 보상 플랜에 따라 2025년 6월 30일에 1,650.9434 제한 주식 단위(RSU)의 자동 부여를 보고했습니다. RSU는 2025년 6월 30일 종가인 $15.90로 평가되었으며, 전량 보통주로 정산됩니다. 수여 후 Butcher의 직접 소유 주식은 92,556.9443 보통주로 증가합니다. 파생 증권은 포함되지 않았으며, 거래는 비공개 시장이 아닌 이사회 승인 주식 부여임을 나타내는 “A”(취득) 코드로 분류되었습니다.

이 제출은 임의의 내부자 매수보다는 정기적인 이사 보상에 관한 것입니다. 추가 주식은 이사와 주주의 이해관계를 다소 일치시키지만, Butcher 보유 지분의 약 1.8% 증가는 Elme의 전체 유통 주식 수에 미미하며 주가에 영향을 미칠 가능성은 낮습니다.

Dépôt du Formulaire 4 d’Elme Communities (ELME) : Le directeur Benjamin S. Butcher a déclaré l’octroi automatique de 1 650,9434 unités d’actions restreintes (RSU) le 30 juin 2025 dans le cadre du Plan d’Incitation 2016 et du Plan de Rémunération Différée pour les administrateurs de la société. Les RSU ont été évaluées au cours de clôture du 30 juin 2025 de 15,90 $ et seront réglées uniquement en actions ordinaires. Suite à cette attribution, la détention directe de Butcher s’élève à 92 556,9443 actions ordinaires. Aucun titre dérivé n’a été impliqué et la transaction a été codée « A » (acquisition), indiquant une attribution d’actions approuvée par le conseil d’administration et non réalisée sur le marché ouvert.

Ce dépôt reflète une rémunération habituelle des administrateurs plutôt qu’un achat discrétionnaire d’initiés. Bien que cette augmentation modeste d’actions aligne les intérêts de l’administrateur avec ceux des actionnaires, la hausse d’environ 1,8 % des participations de Butcher est négligeable par rapport au flottant global d’Elme et est peu susceptible d’influencer le cours de l’action.

Elme Communities (ELME) Form 4 Einreichung: Direktor Benjamin S. Butcher meldete die automatische Zuteilung von 1.650,9434 eingeschränkten Aktienanteilen (RSUs) am 30. Juni 2025 im Rahmen des Incentive-Plans 2016 und des Deferred Compensation Plans für Direktoren des Unternehmens. Die RSUs wurden zum Schlusskurs vom 30. Juni 2025 von 15,90 $ bewertet und werden ausschließlich in Stammaktien ausgegeben. Nach der Zuteilung erhöht sich Butchers direkte Beteiligung auf 92.556,9443 Stammaktien. Es waren keine Derivate beteiligt, und die Transaktion wurde mit „A“ (Erwerb) codiert, was auf eine nicht am offenen Markt erfolgte, vom Vorstand genehmigte Aktienzuteilung hinweist.

Die Meldung spiegelt eine routinemäßige Vergütung des Direktors wider und nicht einen diskretionären Insiderkauf. Obwohl die zusätzliche Beteiligung die Interessen des Direktors moderat mit denen der Aktionäre in Einklang bringt, ist der ca. 1,8%ige Anstieg von Butchers Anteilen für den Gesamtstreubesitz von Elme unerheblich und wird den Aktienkurs wahrscheinlich nicht beeinflussen.

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*
Butcher Benjamin S

(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)
06/30/2025
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 06/30/2025 A 1,650.9434(1) A $0.0 92,556.9443 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 restated 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 6/30/2025 of $15.90. The units settle only in stock.
By: W. Drew Hammond For: Benjamin S. Butcher 07/01/2025
** 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

How many Elme Communities shares did Director Benjamin S. Butcher receive?

He received 1,650.9434 restricted share units that will settle in common stock.

What is Benjamin S. Butcher’s total beneficial ownership after the transaction?

Following the grant, he directly owns 92,556.9443 ELME shares.

Was the transaction an open-market purchase or sale?

No. It was coded “A” for automatic acquisition under the company’s incentive and deferred compensation plans.

What valuation price was used for the RSU grant?

The units were based on the $15.90 closing price of ELME on 30-Jun-2025.

Does this Form 4 indicate any insider selling at Elme Communities?

No. The filing shows only an acquisition of shares; no dispositions were reported.
Elme Communities

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ELME Stock Data

1.42B
86.94M
1.53%
94.33%
2.73%
REIT - Residential
Real Estate Investment Trusts
Link
United States
BETHESDA