Freedman Constance 4

What Happened
Constance Freedman, a director of Equity Lifestyle Properties (ELS), acquired 377 shares on 2026-07-01 at $51.65 per share, for a total value of $19,472. The transaction is reported as an acquisition (code A) and reflects shares obtained through ELS' Employee Stock Purchase Plan.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02 (Form 4 appears timely).
• Price per share: $51.65; shares acquired: 377; total value: $19,472.
• Shares owned after transaction: not specified in this filing.
• Footnote: F1 — shares were acquired through ELS’ Employee Stock Purchase Plan.
• Transaction type: A (grant/award/other acquisition); not a sale or option exercise.

Context
Acquisitions via an employee stock purchase plan are a routine way insiders accumulate company stock and are different from open-market buys. They indicate the insider received shares under a company program rather than executing a discretionary market purchase; such transactions are factual disclosures and do not by themselves signal management intent.