CONTIS DAVID J 4
Research Summary
AI-generated summary
Equity Lifestyle (ELS) Director David J. Contis Sells & Gifts Shares
What Happened David J. Contis, a director of Equity Lifestyle Properties, sold 3,000 shares in an open-market transaction on 2026-03-18 at a weighted average price of $67.22, generating approximately $201,660 in proceeds. On the same date he also disposed of 8,000 shares as a gift (no cash proceeds). Both transactions were reported on a Form 4 filed 2026-03-20.
Key Details
- Transactions: Sale (S) of 3,000 shares and Gift (G) of 8,000 shares, both dated 2026-03-18.
- Sale price: weighted average $67.22; reporting footnote says sale prices ranged from $67.18 to $67.265 and were executed in multiple trades.
- Sale proceeds: ~$201,660; gift reported at $0.
- Filing: Form 4 filed 2026-03-20 (timely within the Form 4 reporting window).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnote: Reporting person will provide, on request, the number of shares sold at each price within the stated range.
Context
- A gift is a non-market disposal and does not necessarily reflect the insider’s view of the company’s prospects. Sales can be routine (personal liquidity, diversification, planned programs) and are not by themselves proof of negative sentiment.
- No option exercises, awards, or 10% owner activity are indicated in this filing.