Equity LifeStyle (NYSE: ELS) director gifts 1,826 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equity LifeStyle Properties director David J. Contis reported a series of stock gifts. On May 1, 2026, he made bona fide gifts totaling 1,826 shares of common stock, split between his direct holdings and the Contis Family Trust.
After these gifts, Contis held 4,716 shares directly and 8,959 shares indirectly through the Contis Family Trust. He also reported 1,000 shares held indirectly as custodian for grandchildren under UGMA. These are non-cash, charitable-style transfers rather than market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,826 shares gifted
Mixed
5 txns
Insider
CONTIS DAVID J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, par value $.01 | 111 | $0.00 | -- |
| Gift | Common Stock, par value $.01 | 802 | $0.00 | -- |
| Gift | Common Stock, par value $.01 | 111 | $0.00 | -- |
| Gift | Common Stock, par value $.01 | 802 | $0.00 | -- |
| holding | Common Stock, par value $.01 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.01 — 4,716 shares (Direct, null);
Common Stock, par value $.01 — 8,157 shares (Indirect, By Contis Family Trust)
Footnotes (1)
Key Figures
Total shares gifted: 1,826 shares
Direct shares after gifts: 4,716 shares
Trust shares after gifts: 8,959 shares
+3 more
6 metrics
Total shares gifted
1,826 shares
Bona fide gifts of common stock on May 1, 2026
Direct shares after gifts
4,716 shares
Direct holdings following May 1, 2026 gifts
Trust shares after gifts
8,959 shares
Shares held by Contis Family Trust after gifts
Custodian UGMA shares
1,000 shares
Indirect holdings as custodian for grandchildren
Individual gift example
802 shares
Single bona fide gift from Contis Family Trust at $0.00
Second gift example
111 shares
Another bona fide gift from Contis Family Trust at $0.00
Key Terms
bona fide gift, UGMA, indirect ownership, Form 4
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
UGMA financial
"nature_of_ownership: "As custodian for grandchildren through UGMA""
indirect ownership financial
"ownership_type: "indirect" with shares held via trust or as custodian"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
