Freedman Constance 4

Research Summary

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Equity Lifestyle (ELS) Director Constance Freedman Receives Award

What Happened
Constance Freedman, a director of Equity Lifestyle Properties, acquired 56 shares of ELS on Feb 2, 2026. The shares were acquired at $50.82 each for a total reported value of $2,846 and were reported on a Form 4 filed Feb 4, 2026. The transaction is listed as an award/grant/other acquisition (code A).

Key Details

  • Transaction date: 2026-02-02; Form 4 filed: 2026-02-04.
  • Price per share: $50.82; shares acquired: 56; total value: $2,846 (as reported).
  • Shares acquired through ELS' Employee Stock Purchase Plan (footnote F1).
  • Filing appears timely (no late-filing indicator provided).
  • Shares owned after the transaction: not disclosed in the provided filing.

Context
This was an acquisition via the company's Employee Stock Purchase Plan — an employee/director purchase program — rather than an open-market purchase or option exercise. Such ESPP acquisitions are routine compensation/benefit transactions and do not, by themselves, indicate broader insider trading intent.