Director at Equity LifeStyle (NYSE: ELS) sells and gifts shares
Rhea-AI Filing Summary
Equity LifeStyle Properties director David J. Contis, through the Contis Family Trust, reported an open-market sale of 3,000 shares of common stock at a weighted average price of $67.2199 per share on March 18, 2026. The filing notes the sale occurred in multiple trades between $67.18 and $67.265 per share. The trust also made a bona fide gift of 8,000 shares on the same date. After these dispositions, holdings reported include 6,890 shares held by the Contis Family Trust, 3,148 shares held directly, and 1,000 shares held indirectly as custodian for grandchildren under UGMA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,000 shares
Net Sell
4 txns
Insider
CONTIS DAVID J
Role
Director
Sold
3,000 shs ($202K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $.01 | 3,000 | $67.2199 | $202K |
| Gift | Common Stock, par value $.01 | 8,000 | $0.00 | $0.00 |
| holding | Common Stock, par value $.01 | -- | -- | -- |
| holding | Common Stock, par value $.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 — 6,890 shares (Indirect, By Contis Family Trust);
Common Stock, par value $.01 — 3,148 shares (Direct);
Common Stock, par value $.01 — 1,000 shares (Indirect, As custodian for grandchildren through UGMA)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.18 to $67.265, inclusive. The Reporting Person undertakes to provide to Equity LifeStyle Properties, Inc. ("ELS"), any security holder of ELS, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
FAQ
What insider transactions did ELS director David J. Contis report on March 18, 2026?
David J. Contis reported an open-market sale of 3,000 shares of Equity LifeStyle Properties common stock and a bona fide gift of 8,000 shares, all dated March 18, 2026, through the Contis Family Trust.
What are David Contis’s reported indirect holdings in ELS after the March 18, 2026 transactions?
After the reported sale and gift, the Contis Family Trust holds 6,890 Equity LifeStyle Properties shares. An additional 1,000 shares are reported as indirectly held, with Contis acting as custodian for grandchildren through UGMA accounts.
How does the Form 4 classify the sale and gift transactions by David Contis in ELS stock?
The 3,000-share disposition is classified as an open-market sale under transaction code S. The 8,000-share transfer is classified as a bona fide gift under transaction code G, reflecting a non-sale transfer of ownership.
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