Seavey Paul 4

What Happened
Paul Seavey, Chief Financial Officer of Equity Lifestyle Properties (ELS), received two restricted stock awards on Feb 3, 2026 totaling 28,362 shares at $64.07 per share (aggregate value $1,817,154). On the same date 7,241 shares were surrendered/withheld at $63.20 per share (value $457,632) to cover tax liabilities arising from vesting. The awards are compensation (acquisitions by grant), not open-market purchases.

Key Details

• Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely within the usual two-business-day window).
• Acquisitions: 23,680 shares @ $64.07 = $1,517,178 (grant A); 4,682 shares @ $64.07 = $299,976 (grant A).
• Withholding (reported as dispositions): 1,074 + 968 + 1,047 + 1,356 + 1,683 + 1,113 = 7,241 shares @ $63.20 = $457,632 (code F).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 = withholding of shares to satisfy tax liability on vesting; F2 & F3 = restricted stock awards with mixed service-based and performance-based vesting schedules (see filing for exact vesting dates/splits).
• Transaction codes: A = award/grant (acquisition), F = tax withholding (reported as disposition).

Context

• These transactions reflect compensation (restricted stock grants) rather than open-market buying or selling; the withheld shares are a routine tax-withholding mechanism on vesting and do not necessarily signal a change in insider sentiment.
• Vesting is subject to service and performance conditions (per footnotes): some shares vest in equal annual installments (2027–2029) and some are performance-based with similar vesting windows—check the full Form 4 for the precise schedules and performance metrics.