Papandreou Radhika 4

What Happened Radhika Papandreou, a director of Equity Lifestyle Properties, received restricted stock awards (Form 4 code A) on April 28, 2026 totaling 2,436 shares. The grants consist of 2,316 shares at $62.60 each (value $144,982) and 120 shares at $62.60 each (value $7,512), for a combined value of $152,494. This was an award/grant (acquisition) of restricted stock, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-28; reported on Form 4 filed 2026-04-30 (no late filing indicated in the provided data).
• Price per share reported: $62.60.
• Grants: 2,316 shares ($144,982) and 120 shares ($7,512) — total 2,436 shares (~$152,494).
• Vesting (footnotes):
  • F1: 2,316-share grant vests 1/3 on 10/28/2026, 1/3 on 4/28/2027, and 1/3 on 4/28/2028.
  • F2: 120-share grant vests on 4/28/2027.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Transaction code: A = Award/Grant (restricted stock).

Context These are restricted stock awards that vest over time, meaning the shares are typically not freely tradable until they vest. Such grants are common director compensation and reflect compensation rather than an immediate market purchase or sale; they should not be taken alone as a directional signal of insider sentiment.