Elme Communities (ELME) common stock trading was halted on the Nasdaq exchange on October 23, 2026. The halt, designated with code H11, occurred at 09:26:04.661 Eastern Time. Halt code H11 signifies a "Regulatory Concern". This trading halt coincided with the ex-dividend date for a special liquidating distribution from Elme Communities.

The Board of Trustees for Elme Communities approved an additional special liquidating distribution of $1.74 per common share. This special dividend was paid on October 22, 2026, to shareholders of record as of October 9, 2026. The ex-dividend date for this distribution was October 23, 2026. This payment increased the aggregate cash liquidating distributions to $16.41 per Common Share.

Elme Communities, which was previously known as Washington REIT, is in the process of liquidation. The company provided notice to the NYSE on September 29, 2026, regarding its intention to voluntarily delist its Common Shares from the NYSE.

Because the $1.74 special dividend represented more than 25% of the price of a Common Share, the NYSE informed Elme Communities that its Common Shares would trade with "due bills". These due bills indicated an assignment of the right to receive the Special Dividend. Shares traded with due bills from the record date of October 9, 2026, through the close of trading on the NYSE on October 22, 2026. October 22, 2026, was the payment date and the final day of trading before the October 23, 2026, ex-dividend date. Any individual holding the shares through October 22, 2026, was entitled to receive the $1.74 distribution.