ELS (NYSE: ELS) insider notice to sell 3,000 shares from compensation vesting

Rhea-AI Filing Summary

ELS reports a proposed sale of Common Stock totaling 3,000 shares. The notice lists three vesting lots tied to compensation: 2,120 shares vested 05/03/2017, 822 shares vested 05/03/2018, and 58 shares vested 05/02/2019. The filing shows shares outstanding 193,835,561 as of 03/18/2026.

Insights

Equity Capital Markets Analyst

Notice filed to sell a small block of compensation-related shares.

The filing states a proposed sale of 3,000 shares of Common Stock, broken into three vested compensation lots of 2,120, 822, and 58 shares with vesting dates in 2017, 2018, and 2019

Proceeds treatment and method of sale are not detailed in the excerpt; subsequent filings or broker confirmations would state execution method and timing. The excerpt lists 193,835,561 shares outstanding as of 03/18/2026, providing a scale reference for the proposed sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Citigroup Global Markets Inc 388 Greenwich Street New York NY 10013	3000	201659.70	193835561	03/18/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/03/2017	Compensation for services rendered	Issuer			2120	05/03/2017	Vesting date for compensation for services rendered
Common Stock	05/03/2018	Compensation for services rendered	Issuer			822	05/03/2018	Vesting date for compensation for services rendered
Common Stock	05/02/2019	Compensation for services rendered	Issuer			58	05/02/2019	Vesting date for compensation for services rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did ELS disclose in the Form 144 filing?

The filing discloses a proposed sale of 3,000 shares of Common Stock, comprised of vested compensation lots of 2,120, 822, and 58 shares with vesting dates in 2017, 2018, and 2019

Does the Form 144 state how the shares will be sold for ELS?

The excerpt does not specify sale mechanics. It lists the proposed quantity of 3,000 shares, but method of sale or broker execution details are not provided in the excerpt.

How large is the proposed sale relative to ELS shares outstanding?

The filing lists shares outstanding 193,835,561 as of 03/18/2026. A proposed sale of 3,000 shares is a very small fraction of that outstanding total.

Were any securities sold during the past three months reported?

The Form 144 excerpt includes a section for prior three-month sales but contains no entries in that section in the provided content.

Are the shares being sold from compensation awards or personal holdings?

The listed lots are labeled as compensation for services rendered with vesting dates, indicating the shares derive from compensation awards rather than newly issued primary shares.