Equity Lifestyle chair granted new stock options
Equity Lifestyle Properties director and Chairman of the Board Thomas Heneghan reported new equity compensation and updated holdings.
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Form Type
4
Rhea-AI Filing Summary
Equity Lifestyle Properties director and Chairman of the Board Thomas Heneghan reported new equity compensation and updated holdings. He received two grants of non-qualified stock options covering 1,595 shares and 14,375 shares of common stock at an exercise price of $62.60 per share, vesting in three equal installments on April 28, 2027, April 28, 2028, and April 27, 2029. The filing also shows existing direct ownership of 100,586 common shares and indirect ownership of 300,030 common shares held by his spouse, along with additional option positions at exercise prices of $63.79 and $60.29 per share.
Insider Trade Summary
Grant/Award: 15,970 shares
Grant/Award
8 txns
Insider
HENEGHAN THOMAS
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 14,375 | $0.00 | $0.00 |
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 1,595 | $0.00 | $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) | -- | -- | -- |
| holding | Common Stock, par value $.01 | -- | -- | -- |
| holding | Common Stock, par value $.01 | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 80,510 contracts for 32,270 underlying shares (Direct);
Common Stock, par value $.01 — 100,586 shares (Direct);
Common Stock, par value $.01 — 300,030 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Options reported herein are exercisable 1/3 on 4/28/27, 1/3 on 4/28/28, and 1/3 on 4/27/29
Key Figures
New option grant: 1,595 shares
Second option grant: 14,375 shares
Exercise price (new grants): $62.60/share
+4 more
7 metrics
New option grant
1,595 shares
Non-qualified stock option at $62.60 exercise price
Second option grant
14,375 shares
Non-qualified stock option at $62.60 exercise price
Exercise price (new grants)
$62.60/share
Non-qualified stock options granted on April 28, 2026
Indirect common shares
300,030 shares
Common stock held indirectly by spouse
Direct common shares
100,586 shares
Common stock held directly after reported transactions
Options at $63.79
1,570 and 14,110 shares
Underlying common shares for existing options expiring April 29, 2035
Options at $60.29
1,660 and 14,930 shares
Underlying common shares for existing options expiring May 1, 2034
Key Terms
Non-Qualified Stock Option (Right to Buy), exercise price, expiration date, indirect ownership, +1 more
5 terms
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price": "62.6000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-04-28T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
indirect ownership financial
"ownership_type": "indirect""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did ELS chairman Thomas Heneghan report on this Form 4?
Thomas Heneghan reported new stock option grants and updated holdings. He received two non-qualified stock option awards and disclosed his direct and indirect common stock ownership, along with existing option positions at various exercise prices and expiration dates.
How many Equity Lifestyle (ELS) options were granted to Thomas Heneghan?
He received two non-qualified stock option grants covering 1,595 shares and 14,375 shares. Both grants relate to Equity Lifestyle common stock and form part of his equity-based compensation as Chairman of the Board and director.
What is the exercise price of the new ELS stock options granted to Thomas Heneghan?
The newly granted non-qualified stock options have an exercise price of $62.60 per share. This means Heneghan can buy Equity Lifestyle common stock at that price once the options vest and are exercisable in the future.
When do Thomas Heneghan’s new Equity Lifestyle options vest and become exercisable?
According to the footnote, the options are exercisable one-third on April 28, 2027, one-third on April 28, 2028, and one-third on April 27, 2029. This staggered vesting schedule spreads the potential exercises across three future dates.
What Equity Lifestyle common stock does Thomas Heneghan own directly and indirectly?
The filing shows direct ownership of 100,586 common shares and indirect ownership of 300,030 common shares held by his spouse. Both positions reflect his overall economic exposure to Equity Lifestyle’s common stock as reported in this Form 4.
What other stock options on ELS does Thomas Heneghan hold besides the new grants?
He holds additional non-qualified stock options with exercise prices of $63.79 and $60.29 per share, tied to 1,570 and 14,110 underlying shares at $63.79, and 1,660 and 14,930 underlying shares at $60.29, all held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
