EQUITY LIFESTYLE PROPERTIES INC·4

Apr 30, 4:09 PM ET

Peppet Scott R 4

Research Summary

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Equity Lifestyle (ELS) Director Scott Peppet Receives 2,636-Share Award

What Happened Scott R. Peppet, a director of Equity Lifestyle Properties, was granted restricted stock on 2026-04-28 totaling 2,636 shares at $62.60 per share (two awards: 2,316 shares and 320 shares). The grants have a combined reported value of $165,014. These were recorded as awards/grants (transaction code A), not open-market purchases or sales.

Key Details

  • Transaction date: 2026-04-28; report filed: 2026-04-30 (timely filing).
  • Grant prices and values: 2,316 shares @ $62.60 = $144,982; 320 shares @ $62.60 = $20,032; total = $165,014.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes / vesting:
    • F1 (2,316 shares): vesting 1/3 on 10/28/26, 1/3 on 4/28/27, 1/3 on 4/28/28.
    • F2 (320 shares): vesting on 4/28/27.
  • Transaction type: "A" — restricted stock award; not a sale or open-market buy.

Context Restricted stock awards are compensation and typically vest over time, so these shares are not immediately liquid until vesting dates. Such grants are common for director compensation and reflect retention/compensation rather than an immediate market-direction signal. The filing was made within two days of the transaction date, so it appears timely.