Elme Communities filings document the formal record of a Maryland real estate investment trust with shares of beneficial interest listed under ELME on the NYSE and a business historically centered on multifamily real estate. Recent Form 8-K and proxy-related disclosures record shareholder votes, the completed 19-property portfolio sale, the approved Plan of Sale and Liquidation, liquidating distribution disclosures, and the senior secured term loan used in connection with the wind-down.
The filing record also covers operating results, Regulation FD releases, governance changes by the Board of Trustees, executive compensation and retention arrangements, officer separation agreements, registered-security information, reserves for liabilities and liquidating expenses, and updates on remaining property-sale and liquidation activities.
Elme Communities director Thomas H. Nolan Jr. reported receiving 2,883 restricted share units of common stock on December 15, 2025 under the company’s 2016 Incentive Plan and Deferred Compensation Plan for Directors.
The grant was based on a closing share price of $17.34 and has no cash exercise price because the units settle only in stock. Including 604.884 dividend equivalent units credited for the third quarter of 2025 and 589.023 for the fourth quarter of 2025, he beneficially owned 60,359.0729 shares of Elme Communities common stock directly after the transaction.
Elme Communities director Ellen M. Goitia reported acquiring 2,883 shares of common stock on 12/15/2025, coded as an acquisition, at a stated price of $0.0. The shares were granted under the Elme Communities 2016 Omnibus Incentive Plan, based on the stock’s $17.34 closing price on 12/15/2025. The filing notes that her total reflects the acquisition of an additional 496.387 shares through the company’s direct dividend reinvestment and share purchase program, bringing her beneficially owned stake to 47,850.7139 shares held directly.
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.
Elme Communities director Benjamin S. Butcher reported receiving 2,883 restricted share units of common stock on 12/15/2025 under the Elme Communities 2016 Incentive Plan and the Company's Deferred Compensation Plan for Directors. The grant was based on the stock's closing price of $17.34 on that date and is structured to settle only in shares, with a stated transaction price of $0.0 per share.
Following this award and related activity, Butcher beneficially owned 99,013.1767 shares of Elme Communities common stock in direct form. The filing also notes the acquisition of 1,003.725 dividend equivalent units during the fourth quarter of 2025 pursuant to the Company's Deferred Compensation Plan for Directors.
Elme Communities reported an equity grant to director Jennifer S. Banner. On 12/15/2025, she acquired 2,883 restricted share units at no cash cost under the company’s 2016 Incentive Plan and Deferred Compensation Plan for Directors, with the number of units based on a closing share price of $17.34. Including 333.985 dividend equivalent units received during the fourth quarter of 2025, she now beneficially owns 35,167.3154 shares of Elme Communities common stock directly.
ELME Communities filed a Form 8-K to furnish information about a press release issued on November 25, 2025 announcing an initial special liquidating distribution. The disclosure is made under Regulation FD, meaning the company is sharing this information broadly with the market at the same time. The press release is attached as Exhibit 99.1, while Exhibit 104 is the cover page interactive data file embedded in the Inline XBRL document.
Elme Communities reported a Form 4 for officer W. Drew Hammond, SVP, CAO & Treasurer, detailing equity awards and related tax settlements dated 11/19/2025. Hammond received 19,912 shares of common stock for the performance period beginning January 1, 2025, 19,912 shares for the period beginning January 1, 2024, and 15,414 shares for the period beginning January 1, 2023. These awards were granted under the company’s Amended and Restated Long Term Incentive Plan and were earned based on performance measures tied to the closing of a Purchase Agreement dated August 1, 2025. To cover taxes on the vested shares, Hammond had 12,183, 7,866, and 12,595 shares withheld at a price of $16.61 per share, resulting in direct beneficial ownership of 76,704 shares of Elme Communities common stock.
Elme Communities executive vice president and CFO Steven M. Freishtat reported multiple equity award transactions in common stock on 11/19/2025. He acquired 27,784 shares, 27,784 shares, and 23,292 shares of common stock at a price of $0.0 per share, reflecting awards under the company’s Amended and Restated Long Term Incentive Plan tied to performance periods beginning January 1, 2025, January 1, 2024, and January 1, 2023.
These awards were earned based on performance measures connected to the closing of a Purchase Agreement dated August 1, 2025 involving Elme Communities and several affiliated entities. On the same date, he disposed of 17,003 shares, 18,039 shares, and 11,896 shares at $16.61 per share for net share settlement of taxes on vested shares. Following these transactions, he directly beneficially owned 74,558 shares of Elme Communities common stock.
Elme Communities President, CEO & Chairman Paul T. McDermott reported several equity transactions in company common stock. On 11/19/2025, he acquired 149,006 shares, another 149,006 shares, and 120,966 shares at a price of $0.0 per share under the company’s Amended and Restated Long Term Incentive Plan. These shares were earned for performance periods beginning January 1, 2025, January 1, 2024, and January 1, 2023, tied to performance measures related to a Purchase Agreement dated August 1, 2025.
On the same date, he disposed of 71,970 shares, another 71,970 shares, and 58,427 shares of common stock at $16.61 per share in transactions classified as code “F,” which were for net share settlement of taxes on vested shares. After these transactions, he continued to hold a substantial direct ownership position in Elme Communities common stock.
Elme Communities executive Tiffany M. Butcher, EVP & COO, reported multiple equity transactions in company stock. On 11/19/2025, she acquired 52,197 shares of common stock for a 2025 performance period, 52,197 shares for a 2024 performance period, and 35,984 shares for a 2023 performance period, all at a price of $0.0 per share under the company’s Amended and Restated Long Term Incentive Plan. These awards were earned based on performance measures tied to the closing of a Purchase Agreement dated August 1, 2025 involving Elme Communities and related entities.
On the same date, she disposed of 32,018, 34,105, and 18,557 shares of common stock at $16.61 per share to cover taxes through net share settlement on vested shares. After these transactions, she beneficially owned 96,878 shares of Elme Communities common stock directly.