STOCK TITAN

Director in Equity Lifestyle (NYSE: ELS) adds 377 shares through plan

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

Rhea-AI Filing Summary

Equity Lifestyle Properties director Constance Freedman reported a small share acquisition. On July 1, 2026, she acquired 377 shares of common stock at $51.65 per share, coded as a grant or award. A footnote explains these shares were acquired through Equity Lifestyle Properties' Employee Stock Purchase Plan.

Following this transaction, she directly owns 16,463 shares of common stock. The filing also lists multiple non-qualified stock options to buy common stock with exercise prices such as $60.29, $66.81, $68.01, $68.74, and $79.72, with expiration dates ranging from 2030 to 2034, showing her remaining equity-based incentives.

Positive

  • None.

Negative

  • None.
Insider Freedman Constance
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 377 $51.65 $19K
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) -- -- --
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) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
Holdings After Transaction: Common Stock, par value $.01 — 16,463 shares (Direct, null); Non-Qualified Stock Option (Right to Buy) — 7,485 shares (Direct, null)
Footnotes (1)
  1. [object Object]
ESPP shares acquired 377 shares at $51.65 Grant/award acquisition on July 1, 2026
Common shares held after 16,463 shares Direct ownership following July 1, 2026 acquisition
Option exercise price $60.29 Non-qualified stock option expiring May 1, 2034
Option exercise price $68.01 Non-qualified stock option expiring April 25, 2033
Option exercise price $68.74 Non-qualified stock option expiring April 27, 2031
Option exercise price $66.81 Non-qualified stock option expiring July 28, 2030
Option exercise price $79.72 Non-qualified stock option expiring April 26, 2032
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Employee Stock Purchase Plan financial
"Represents shares acquired through ELS' Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock, par value $.01 financial
"underlying_security_title: "Common Stock, par value $.01""
total_shares_following_transaction financial
""total_shares_following_transaction": "16463.0000""
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Learn about SEC filing dates
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*
Freedman Constance

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 $.0107/01/2026A(1)377A$51.6516,463D
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)$66.8101/28/202107/28/2030Common Stock, par value $.017,4857,485D
Non-Qualified Stock Option (Right to Buy)$66.8107/28/202107/28/2030Common Stock, par value $.011,1208,605D
Non-Qualified Stock Option (Right to Buy)$68.7410/27/202104/27/2031Common Stock, par value $.017,27515,880D
Non-Qualified Stock Option (Right to Buy)$68.7404/27/202204/27/2031Common Stock, par value $.011,09016,970D
Non-Qualified Stock Option (Right to Buy)$79.7210/26/202204/26/2032Common Stock, par value $.016,27023,240D
Non-Qualified Stock Option (Right to Buy)$79.7204/26/202304/26/2032Common Stock, par value $.0194024,180D
Non-Qualified Stock Option (Right to Buy)$68.0110/25/202304/25/2033Common Stock, par value $.017,35031,530D
Non-Qualified Stock Option (Right to Buy)$68.0104/25/202404/25/2033Common Stock, par value $.011,10032,630D
Non-Qualified Stock Option (Right to Buy)$60.2911/01/202405/01/2034Common Stock, par value $.0112,02544,655D
Non-Qualified Stock Option (Right to Buy)$60.2905/01/202505/01/2034Common Stock, par value $.011,24045,895D
Explanation of Responses:
1. Represents shares acquired through ELS' Employee Stock Purchase Plan
Remarks:
Jennifer Krebs by Power of Attorney for Constance Freedman07/02/2026
** 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 did Constance Freedman report in this Form 4 for EQUITY LIFESTYLE PROPERTIES (ELS)?

Constance Freedman reported acquiring 377 shares of Equity Lifestyle Properties common stock. The shares were obtained at $51.65 each and coded as a grant or award, reflecting compensation rather than an open-market purchase, and were linked to the company’s Employee Stock Purchase Plan.

How many ELS common shares does Constance Freedman hold after this Form 4 transaction?

After this transaction, Constance Freedman directly holds 16,463 shares of Equity Lifestyle Properties common stock. This figure appears as the total shares following the acquisition of 377 shares, providing a snapshot of her direct equity ownership at that date.

What type of transaction is coded "A" in this ELS Form 4 for Constance Freedman?

The code “A” in this Form 4 represents a grant, award, or other acquisition of shares. In this case, 377 common shares were acquired at $51.65 each, and a footnote clarifies they were obtained through Equity Lifestyle Properties’ Employee Stock Purchase Plan.

What stock options does Constance Freedman hold in Equity Lifestyle Properties (ELS)?

The filing lists several non-qualified stock options to buy ELS common stock. Examples include options with exercise prices of $60.29, $68.01, $68.74, $66.81, and $79.72, each tied to specific expiration dates between 2030 and 2034, representing ongoing equity incentives.

Were the newly acquired ELS shares bought on the open market by Constance Freedman?

The 377 newly acquired shares were not described as open-market purchases. They are coded as a grant or award, and a footnote states they were acquired through Equity Lifestyle Properties’ Employee Stock Purchase Plan, indicating a compensation-related acquisition.

Does this ELS Form 4 show any stock sales or disposals by Constance Freedman?

This Form 4 does not show any stock sales or disposals. It reports one acquisition of 377 common shares and several option holding entries without buy or sell directions, indicating no open-market selling activity in the disclosed transactions.