Form 4: Equity Lifestyle Properties Director Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Constance Freedman, a director at Equity Lifestyle Properties, acquired 34 shares of common stock through the company's Employee Stock Purchase Plan on February 3, 2025.
Summary
- On February 3, 2025, Constance Freedman, a director of Equity Lifestyle Properties Inc. (ELS), acquired 34 shares of common stock at a price of $55.63 per share through the company's Employee Stock Purchase Plan.
- Following this transaction, Freedman directly owns 8,928 shares of ELS common stock.
- Freedman also holds multiple non-qualified stock options, granting the right to buy shares of ELS common stock at various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The director's participation in the employee stock purchase plan could be seen as a slightly positive signal.
Positives
- The acquisition of shares through the Employee Stock Purchase Plan demonstrates the director's investment in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through an employee stock purchase plan.
Key Dates
| Date | Description |
|---|---|
| 01/28/2021 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 07/28/2030 and exercise price of $66.81 |
| 07/28/2021 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 07/28/2030 and exercise price of $66.81 |
| 10/27/2021 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/27/2031 and exercise price of $68.74 |
| 04/27/2022 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/27/2031 and exercise price of $68.74 |
| 10/26/2022 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/26/2032 and exercise price of $79.72 |
| 04/26/2023 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/26/2032 and exercise price of $79.72 |
| 10/25/2023 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/25/2033 and exercise price of $68.01 |
| 04/25/2024 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 04/25/2033 and exercise price of $68.01 |
| 11/01/2024 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 05/01/2034 and exercise price of $60.29 |
| 02/03/2025 | Date of transaction: Constance Freedman acquired 34 shares of common stock through the Employee Stock Purchase Plan. |
| 05/01/2025 | Date exercisable for Non-Qualified Stock Option (Right to Buy) with expiration date 05/01/2034 and exercise price of $60.29 |
| 07/28/2030 | Expiration date for Non-Qualified Stock Option (Right to Buy) with exercise price of $66.81 |
| 04/27/2031 | Expiration date for Non-Qualified Stock Option (Right to Buy) with exercise price of $68.74 |
| 04/26/2032 | Expiration date for Non-Qualified Stock Option (Right to Buy) with exercise price of $79.72 |
| 04/25/2033 | Expiration date for Non-Qualified Stock Option (Right to Buy) with exercise price of $68.01 |
| 05/01/2034 | Expiration date for Non-Qualified Stock Option (Right to Buy) with exercise price of $60.29 |
Keywords
Equity Lifestyle Properties, ELS, Constance Freedman, Form 4, Director, Stock Options, Employee Stock Purchase Plan, Beneficial Ownership, Securities
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