Elme Communities (ELME) director granted 2,883 stock units at $17.34

Rhea-AI Filing Summary

Elme Communities reported that director Susan B. Carras acquired 2,883 restricted share units of common stock on 12/15/2025. These units were granted under the company’s 2016 Incentive Plan and Deferred Compensation Plan for Directors, with the number of units based on the closing share price of $17.34 on that date and settling only in stock.

Following this grant and related dividend equivalents, Carras beneficially owns 14,121.927 shares. This includes 105.294 dividend equivalent units credited for the third quarter of 2025 and 102.533 units for the fourth quarter of 2025.

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
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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^*

Carras Susan

(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	14,121.927(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 105.294 dividend equivalent units received during the third quarter of 2025 and 102.533 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: Susan B. Carras	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.
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FAQ

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

Elme Communities reported that director Susan B. Carras acquired 2,883 restricted share units of common stock on 12/15/2025 as an equity award.

How many Elme Communities shares does Susan B. Carras now beneficially own?

After the reported award, Susan B. Carras beneficially owns 14,121.927 Elme Communities shares, held in direct ownership.

What type of equity was granted to Elme Communities director Susan B. Carras?

Carras received restricted share units granted under the Elme Communities 2016 Incentive Plan (as amended) and the company’s Deferred Compensation Plan for Directors, and the units settle only in stock.

How was the number of 2,883 restricted share units for ELME calculated?

The 2,883 restricted share units were based on the Elme Communities closing share price of $17.34 on 12/15/2025, as stated in the plan disclosure.

What dividend equivalent units were credited to Susan B. Carras under Elme Communities' director plan?

The report notes that Carras received 105.294 dividend equivalent units during the third quarter of 2025 and 102.533 units during the fourth quarter of 2025 under the Deferred Compensation Plan for Directors.