CONTIS DAVID J 4

What Happened
David J. Contis, a director of Equity Lifestyle Properties, reported gift transactions on May 1, 2026. The Form 4 shows disposals of 111 and 802 shares (total 913) and corresponding acquisitions of 111 and 802 shares, all coded as gifts (G) at $0.00 per share. The filing indicates $0.00 consideration for each transfer and, because equal amounts were disposed and acquired, there is no net change in beneficial ownership recorded in the transaction table.

Key Details

• Transaction date: 2026-05-01 (reported on Form 4 filed 2026-05-05).
• Transaction type/code: Gift (G).
• Shares disposed: 111 and 802 (total 913) at $0.00.
• Shares acquired: 111 and 802 (total 913) at $0.00.
• Reported dollar value: $0.00 for each gift entry.
• Shares owned after transaction: Not disclosed in the provided data.
• Filing timeliness: Filed May 5, 2026 — within the required reporting window for a May 1 trade (timely).

Context
Gifts are transfers that involve no purchase price and do not necessarily indicate the insider’s view of company prospects; they often reflect estate planning, transfers to trusts, family members, or charitable contributions. The matching disposed and acquired entries here suggest an internal reallocation or transfer rather than a net sale or purchase by the insider.