Eldersveld David P 4

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

AI-generated summary of this filing

Updated Feb 5, 2026

EQUITY LIFESTYLE (ELS) EVP David Eldersveld Receives 21,160 Shares

What Happened

David P. Eldersveld, EVP, Chief Legal Officer and Secretary of Equity Lifestyle Properties (ELS), was granted restricted stock awards totaling 21,160 shares on 2026-02-03 (16,478 shares and 4,682 shares) at an award value of $64.07/share (total value $1,355,721).
Concurrently, 4,468 shares were withheld to satisfy tax withholding obligations arising from vesting, at $63.20/share (withheld value $282,378). Net new shares from the grants after withholding = 16,692.
These transactions were awards and tax withholdings (A = award/grant; F = tax withholding), not open-market buys or voluntary sales.

Key Details

Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (timely filing).
Grant prices/values: 16,478 shares @ $64.07 = $1,055,745; 4,682 shares @ $64.07 = $299,976 (total $1,355,721).
Withholding: 787, 674, 728, 729, 775, 775 shares withheld (total 4,468) @ $63.20 = $282,378 to cover tax liability.
Shares owned after the transactions: not specified in the provided excerpt of the filing.
Footnotes: F1 confirms the withheld shares were for tax withholding on vesting; F2 and F3 indicate these are restricted stock awards with service- and performance-based vesting schedules (one award vests in equal annual installments through 2027–2029 with half time-based and half performance-based vesting; the other vests in 2027 with one-half service-based and one-half performance-based vesting).

Context

These are compensation grants (restricted stock) rather than market purchases or sales; withholding of shares for taxes is a common administrative step when awards vest.
Awards with performance-based vesting mean some shares only vest if performance targets are met; such grants are routine executive compensation and do not by themselves indicate trading sentiment.

Form 4

Period: 2026-02-03

EVP, CLO and Secretary

Transactions

Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−787$49,738→ 100,329 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−674$42,597→ 99,655 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−728$46,010→ 98,927 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−729$46,073→ 98,198 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−775$48,980→ 97,423 total
Tax Payment
Common Stock, par value $.01
[F1]
2026-02-03$63.20/sh−775$48,980→ 96,648 total
Award
Common Stock, par value $.01
[F2]
2026-02-03$64.07/sh+16,478$1,055,745→ 113,126 total
Award
Common Stock, par value $.01
[F3]
2026-02-03$64.07/sh+4,682$299,976→ 117,808 total

Footnotes (3)

[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.
[F3]Restricted stock award, one-half of the award will vest, subject to satisfaction of the service requirement, on February 2, 2027, and one-half of the award will be subject to performance-based vesting conditions and will vest, subject to satisfaction of such performance-based conditions and the service requirement, on February 2, 2027.

Signature

Jennifer Krebs by Power of Attorney for David P. Eldersveld|2026-02-05

1 file