Elme Communities 10-Q

ITEM 5: OTHER INFORMATION Trading Arrangements During the three months ended March 31, 2026, no trustee or officer of Elme Communities adopted , modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. Riverside Apartments Purchase and Sale Agreement On May 8, 2026, Elme Riverside Apartments LLC (the “Riverside Seller”), a wholly-owned subsidiary of Elme Communities(the “Company”), entered into a purchase and sale agreement (the “Riverside Agreement”) with Riverside Apartments VA LLC, a subsidiary of Beitel Group (the “Buyer”), for the sale of Riverside Apartments, a 1,222 unit community located in Alexandria, Virginia and related undeveloped land, for a contract sale price of $280.0 million, subject to customary prorations and adjustments (the “Riverside Sale”). The aggregate earnest money deposit amount is $4.5 million. The first installment of the deposit, $1.5 million, is required to be funded within two business days of signing. If the Buyer does not terminate the Riverside Agreement on or before the expiration of an inspection period on June 4, 2026, the remaining $3.0 million deposit installment will be due within one business day of the expiration of such inspection period, at which time the entire earnest money deposit will become nonrefundable, except in the event of the Riverside Seller’s breach of the Riverside Agreement or failure to satisfy conditions precedent to the consummation of the Riverside Sale. In addition to completion of the inspection period, the Riverside Agreement is subject to closing conditions and other terms and conditions customary for real estate transactions. The Riverside Agreement provides for closing on or prior to July 6, 2026, subject to limited exceptions, although there can be no assurance that the closing conditions will be satisfied or that the Riverside Sale will be consummated. The Riverside Agreement contains representations and warranties the parties thereto made to and solely for the benefit of each other, and such representations and warranties should not be relied upon by any other person. The assertions embodied in those representations and warranties were made solely for the purposes of the Riverside Agreement and are subject to important 30 qualifications and limitations agreed to by and between Buyer and Riverside Seller in connection with negotiating the Riverside Agreement. Accordingly, security holders should not rely on the representations and warranties as accurate or complete or characterizations of the actual state of facts as of any specified date because such representations and warranties are modified in important part by the underlying disclosure schedules, are subject to a contractual standard of materiality different from that generally applicable to security holders and were used only for the purposes of conducting certain limited due diligence inquiries and allocating risks and not for establishing all material facts with respect to the matters addressed. 31 ITEM 6: EXHIBITS Incorporated by Reference Exhibit Number Exhibit Description Form File Number Exhibit Filing Date Filed Herewith 2.1 Purchase and Sale Agreement, dated August 1, 2025, by and among Elme Communities, WashREIT OP LLC, Echo Sub LLC, CEVF VI Capital Holdings, LLC and CEVF VI Co-Invest I Venture, LLC 8-K 001-06622 2.1 8/4/2025 2.2 Plan of Sale and Liquidation 8-K 001-06622 2.2 8/4/2025 3.1 Articles of Amendment and Restatement of Declaration of Trust of the Company, as amended 10-K 001-06622 3.1 2/17/2023 3.2 Articles Supplementary of Elme Communities 8-K 001-06622 3.1 3/20/2025 3.3 Amended and Restated Bylaws of Elme Communities, as amended 8-K 001-06622 3.1 9/20/2023 10.1 Retention Agreement between Paul McDermott and Elme Communities 8-K 001-06622 10.1 1/23/2026 10.2 Retention Agreement between Tiffany Butcher and Elme Communities 8-K 001-06622 10.2 1/23/2026 10.3 Retention Agreement between W. Drew Hammond and Elme Communities 8-K 001-06622 10.3 1/23/2026 10.4 Retention Agreement between Steven Freishtat and Elme Communities 8-K 001-06622 10.4 1/23/2026 10.5 Executive Officer Short-Term Incentive Plan for the performance period beginning November 13, 2025 8-K 001-06622 10.5 1/23/2026 10.6 Form of Agreement and Release of Claims 10-K 001-06622 10.18 2/27/2026 31.1 Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as amended (“the Exchange Act”) X 31.2 Certification of the Chief Financial Officer and Chief Administrative Officer pursuant to Rule 13a-14(a) of the Exchange Act X 32 Certification of the Chief Executive Officer and the Chief Financial Officer and Chief Administrative Officer pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 X 101.INS Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. X 101.SCH Inline XBRL Taxonomy Extension Schema Document X 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document X 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document X 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document X 32 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document X 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and contained in Exhibit 101) 33 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ELME COMMUNITIES /s/ Paul T. McDermott Paul T. McDermott President and Chief Executive Officer (Principal Executive Officer) /s/ W. Drew Hammond W. Drew Hammond Executive Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer (Principal Financial and Accounting Officer) DATE: May 11, 2026 34