Welcome to our dedicated page for Elme Communities SEC filings (Ticker: ELME), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Elme Communities’ SEC filings provide detailed insight into how this multifamily REIT is implementing its shareholder-approved Plan of Sale and Liquidation. Through Forms 8-K, proxy materials, and pro forma financial statements, the company documents key milestones such as the approval of the plan, the sale of major property portfolios, changes to its capital structure, and the declaration of liquidating distributions.
For ELME, recent 8-K filings are especially important. They describe the Purchase and Sale Agreement with affiliates of Cortland Partners, LLC and the closing of the portfolio sale transaction involving 19 multifamily communities, as well as the resulting change in control under various compensation plans. Other 8-Ks outline the terms of a new senior secured term loan with Goldman Sachs Bank USA, secured by the 10 remaining properties, and the concurrent repayment or discharge of prior credit facilities and senior notes. Additional filings report shareholder approval of the Plan of Sale and Liquidation and summarize voting results from the special meeting.
Investors can use Elme’s SEC filings to understand how the company expects to sell its remaining assets, manage liabilities, and structure liquidating distributions over time. Pro forma financial information filed in connection with the portfolio sale shows the impact of the disposition and debt transactions on the company’s balance sheet and results of operations. Other filings address workforce changes and governance matters as the company scales down to match its reduced asset base.
On this page, Stock Titan surfaces ELME’s latest SEC submissions in real time from EDGAR and pairs them with AI-powered summaries. These summaries help explain complex items such as loan agreements, disposition accounting, and liquidation-related provisions in clear language. Users can quickly locate quarterly and annual reports, transaction-related 8-Ks, and other key documents, and see at a glance how each filing fits into Elme Communities’ overall wind-down and capital return strategy.
Elme Communities reported insider activity by President, CEO & Chairman Paul T. McDermott. On 11/12/2025, he executed multiple Code F transactions at $16.61 per share to cover taxes via net share settlement tied to vested shares from the closing under a Purchase Agreement dated August 1, 2025. The transactions included blocks such as 48,300 shares. Following these withholdings, McDermott directly beneficially owned 569,356 shares.
Elme Communities (ELME) filed a Form 4 for insider W. Drew Hammond, SVP, CAO & Treasurer. On 11/12/2025, multiple Code F transactions were reported, reflecting shares withheld to cover taxes on vested shares tied to the closing under the Purchase Agreement dated August 1, 2025.
Transactions occurred at a price of $16.61 per share and included discrete withholdings of 905, 928, 928, 957, 957, 928, 475, and 256 shares. Following these tax-withholding events, Hammond’s directly held common stock was 54,110 shares.
Elme Communities (ELME) reported an insider transaction on a Form 4. SVP IT & CIO Susan L. Gerock had multiple tax withholdings via net share settlement on 11/12/2025 at $16.61 per share (Code F), tied to shares that vested in connection with the closing under a Purchase Agreement dated August 1, 2025. Following these transactions, she holds 66,660 shares directly. Code F indicates shares were withheld for taxes rather than sold in the open market.
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.
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.
Elme Communities closed the sale of a large multifamily portfolio for $1.606 billion in cash to affiliates of Cortland Partners. Simultaneously, the company put in place a new $520.0 million senior secured term loan with Goldman Sachs Bank USA, collateralized by Elme’s 10 remaining properties. Elme used closing proceeds to fully repay its revolving credit facility, a prior term loan, and private placement notes without material early termination penalties.
The company also initiated the redemption of $50 million of 7.25% senior notes due 2028, funding the trustee and satisfying and discharging the related indenture. The new term loan matures on November 9, 2026, with a one‑year extension option; interest is one‑month term SOFR (floor 3.00%) plus a spread that starts at 2.25%, steps to 2.75% in month 7, and to 4.00% in month 19 if extended. Elme purchased a rate cap that limits SOFR to 5.00%. Cash management requires property cash flows to sweep through lender‑controlled accounts to cover taxes, insurance, debt service, reserves, and budgeted capex before excess distributions.
Elme Communities announced shareholder approval of two transformative actions: the sale of 19 multifamily properties to affiliates of Cortland Partners and a Plan of Sale and Liquidation to wind down the company. The Plan of Sale and Liquidation became effective on October 30, 2025.
Shareholders cast 69,957,321 votes, representing 79.4% of shares entitled to vote. The Portfolio Sale Proposal passed with 69,556,485 For, 221,508 Against, and 179,328 Abstain. The Liquidation Proposal passed with 69,545,165 For, 228,139 Against, and 184,017 Abstain. A non-binding Compensation Proposal also passed with 64,874,855 For, 4,908,498 Against, and 173,968 Abstain.
Closing of the Portfolio Sale Transaction is expected on or about November 12, 2025, subject to the satisfaction or waiver of closing conditions.
Elme Communities (ELME) reported a sharp Q3 net loss driven by a large impairment and outlined a planned portfolio sale and liquidation. The company posted a net loss of
Elme entered into a Purchase Agreement for the sale of 19 multifamily properties for
ELME Communities filed an 8-K announcing it has furnished a press release and supplemental information covering earnings for the three and nine months ended September 30, 2025. The materials are attached as Exhibit 99.1 and were furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). The company notes these materials are being furnished and are not deemed “filed” for purposes of Section 18 of the Exchange Act.
Benjamin S. Butcher, a director of Elme Communities (ELME), reported an insider acquisition on 09/30/2025. The filing shows 1,556.94 Restricted Share Units (RSUs) granted under the companys 2016 Incentive Plan and Deferred Compensation Plan for Directors; the grant was recorded at a $0.00 price and is valued using the closing price on 09/30/2025 of $16.86. The units settle only in stock. Following the reported transactions, Mr. Butcher beneficially owns 95,126.4513 shares. The filing also notes 1,012.567 dividend equivalent units were received during Q3 2025 under the Deferred Compensation Plan for Directors. The form is dated 09/30/2025 and signed on 10/01/2025.