STOCK TITAN

Thomas Heneghan of Equity LifeStyle (NYSE: ELS) reports 392-share stock gifts

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Equity LifeStyle Properties director and chairman Thomas Heneghan reported gifting shares of company stock while retaining a large equity position. On April 24, 2026, he recorded two bona fide gift transactions of 196 shares each of common stock at $0.00 per share. After these gifts, reported holdings were 100,586 shares held directly and 300,030 shares held indirectly by his spouse.

Heneghan also reported several outstanding non-qualified stock options to buy common stock. These include options with exercise prices of $63.79 covering 1,570 and 14,110 underlying shares expiring on April 29, 2035, and options with exercise prices of $60.29 covering 1,660 and 14,930 underlying shares expiring on May 1, 2034.

Positive

  • None.

Negative

  • None.
Insider HENEGHAN THOMAS
Role Chairman of the Board
Type Security Shares Price Value
Gift Common Stock, par value $.01 196 $0.00 --
Gift Common Stock, par value $.01 196 $0.00 --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
Holdings After Transaction: Common Stock, par value $.01 — 100,586 shares (Direct, null); Common Stock, par value $.01 — 300,030 shares (Indirect, By Spouse); Non-Qualified Stock Option (Right to Buy) — 14,930 shares (Direct, null)
Footnotes (1)
Gifted shares total 392 shares Two bona fide gifts of 196 shares each on April 24, 2026
Direct common shares after gifts 100,586 shares Common Stock, par value $.01, direct ownership after transactions
Indirect spouse-held shares after gifts 300,030 shares Common Stock, par value $.01, indirect ownership by spouse after transactions
Option position 1 1,570 underlying shares at $63.79 Non-Qualified Stock Option expiring April 29, 2035, direct
Option position 2 14,110 underlying shares at $63.79 Non-Qualified Stock Option expiring April 29, 2035, direct
Option position 3 1,660 underlying shares at $60.29 Non-Qualified Stock Option expiring May 1, 2034, direct
Option position 4 14,930 underlying shares at $60.29 Non-Qualified Stock Option expiring May 1, 2034, direct
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
Bona fide gift financial
"transaction_code_description": "Bona fide gift""
Common Stock, par value $.01 financial
"underlying_security_title": "Common Stock, par value $.01""
Indirect ownership financial
"ownership_type": "indirect", "nature_of_ownership": "By Spouse""
SEC Form 4
FORM 4UNITED 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*
HENEGHAN THOMAS

(Last)(First)(Middle)
C/O EQUITY LIFESTYLE PROPERTIES, INC
TWO NORTH RIVERSIDE PLAZA, SUITE 800

(Street)
CHICAGO ILLINOIS 60606

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EQUITY LIFESTYLE PROPERTIES INC [ ELS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.0104/24/2026GV196D$0100,586D
Common Stock, par value $.0104/24/2026GV196A$0300,030IBy Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (Right to Buy)$60.2905/01/202505/01/2034Common Stock, par value $.0114,93014,930D
Non-Qualified Stock Option (Right to Buy)$60.2905/01/202505/01/2034Common Stock, par value $.011,66016,590D
Non-Qualified Stock Option (Right to Buy)$63.7904/29/202604/29/2035Common Stock, par value $.0114,11030,700D
Non-Qualified Stock Option (Right to Buy)$63.7904/29/202604/29/2035Common Stock, par value $.011,57032,270D
Explanation of Responses:
Remarks:
Jennifer Krebs by Power of Attorney for Thomas Heneghan04/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Thomas Heneghan report for ELS?

Thomas Heneghan reported two bona fide gift transfers of Equity LifeStyle Properties common stock. Each gift involved 196 shares on April 24, 2026 at $0.00 per share, reflecting non-market dispositions rather than open-market buying or selling activity.

How many Equity LifeStyle Properties shares did Heneghan gift?

Heneghan gifted a total of 392 Equity LifeStyle Properties common shares. The filing shows two separate bona fide gifts of 196 shares each on April 24, 2026, recorded at $0.00 per share as typical for non-cash charitable or personal gift transfers.

What are Thomas Heneghan’s reported ELS share holdings after the gifts?

After the reported gifts, Heneghan’s holdings include 100,586 Equity LifeStyle Properties common shares held directly. The filing also reports 300,030 common shares held indirectly by his spouse, giving a combined reported equity position across direct and spouse-held accounts.

What stock options on ELS does Heneghan hold according to this filing?

The filing lists several non-qualified stock options on Equity LifeStyle Properties common stock. These include options at $63.79 covering 1,570 and 14,110 underlying shares, and options at $60.29 covering 1,660 and 14,930 underlying shares, with expirations in 2034 and 2035.

Were Heneghan’s ELS transactions open-market buys or sells?

No, the reported transactions were bona fide gifts of Equity LifeStyle Properties shares. The Form 4 uses transaction code G, indicating gifts, not open-market purchases or sales, so they do not represent price-driven trading activity in the public market.