NADER MARGUERITE M 4

4 · EQUITY LIFESTYLE PROPERTIES INC · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

Equity Lifestyle (ELS) CEO Marguerite Nader Receives Restricted Shares

What Happened

Marguerite M. Nader, Vice Chairman and CEO (also a director) of Equity Lifestyle Properties (ELS), received a restricted stock award of 29,970 shares on 2026-02-03 at a reported grant value of $64.07 per share (total ~$1,920,178). To cover tax withholding on the vesting, 9,746 shares were withheld/disposed at $63.20 per share (total ~$615,948). Net shares retained from the award equal 20,224 shares (29,970 granted minus 9,746 withheld).

Key Details

Transaction date: 2026-02-03; filing date: 2026-02-05 (filed timely).
Award: 29,970 shares @ $64.07 (Acquired) — $1,920,178 total.
Withholding/dispositions (tax payment): six withholdings totaling 9,746 shares @ $63.20 — $615,948 total.
Shares owned after the transaction: not specified in the supplied filing data.
Footnotes: F1 = shares withheld to pay tax liability on vesting; F2 = restricted stock award subject to vesting schedule — one-half vests based on service (equal annual installments on 2/2/27, 2/1/28, 2/6/29) and one-half vests based on performance with the same annual installment dates.
Transaction codes: A = award/grant; F = tax withholding (routine, not an open-market sale).

Context

This was a restricted stock grant, not an open-market purchase or sale. The withholding of shares to cover taxes is routine (cashless withholding) and does not by itself indicate a market-direction view. The award has both time-based and performance-based vesting over the next three years, so the executive will only fully benefit if service and/or performance conditions are met.

Form 4

Period: 2026-02-03

DirectorVice Chairman and CEO

Transactions

Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−1,311$82,855→ 263,079 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−1,570$99,224→ 261,509 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−1,325$83,740→ 260,184 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−2,003$126,590→ 258,181 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−2,129$134,553→ 256,052 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−1,408$88,986→ 254,644 total
Award
Common Stock, par value $.01
[F2]
2026-02-03$64.07/sh+29,970$1,920,178→ 284,614 total

Footnotes (2)

[F1]Represents the withholding of shares for the payment of tax liablity incurred upon vesting of restricted shares.
[F2]Restricted stock award, one-half of the award will vest in equal annual installments, subject to satisfaction of the service requirement, on February 2, 2027, February 1, 2028 and February 6, 2029; and one-half of the award will be subject to performance-based vesting conditions and will vest in equal annual installments, subject to satisfaction of such performance-based conditions and the service requirement, on February 2, 2027, February 1, 2028 and February 6, 2029.

Signature

Jennifer Krebs by Power of Attorney for Marguerite Nader|2026-02-05

1 file