[144] UMH Properties, Inc. SEC Filing
Rhea-AI Filing Summary
UMH Properties reports a Form 144 notice showing an intended sale of 45,700 common shares through Wells Fargo, with an aggregate market value of $744,799.46. The proposed sale is listed for 08/11/2025 on the NYSE and the filing records 84,928,979 shares outstanding.
The filing states these shares were vested shares acquired from the issuer on 08/19/2024. It also discloses prior sales by Samuel Landy of 25,000 shares on 05/19/2025 (gross proceeds $425,250.46) and 25,000 shares on 06/09/2025 (gross proceeds $419,323.47). The filer attests they do not know any undisclosed material adverse information.
Positive
- Proposed sale is of vested shares acquired from the issuer on 08/19/2024
- Filer provides the required attestation of no undisclosed material adverse information
Negative
- Notice to sell 45,700 common shares (aggregate market value $744,799.46)
- Insider sold 50,000 shares across two transactions in May–June 2025 with gross proceeds of $425,250.46 and $419,323.47
Insights
TL;DR: Routine insider sale notice for vested UMH shares; disclosed amounts are modest and represent routine liquidity.
The Form 144 discloses a proposed sale of 45,700 UMH common shares via Wells Fargo with an aggregate market value of $744,799.46. The shares are identified as vested shares acquired from the issuer on 08/19/2024, and the filing records two recent sales by Samuel Landy totaling 50,000 shares in May and June 2025 with stated gross proceeds. From a financial-analyst perspective, this is a standard insider liquidity event documented under Rule 144; the filing includes concrete transaction amounts but does not provide operational or earnings information.
TL;DR: Compliance disclosure of insider sales with required attestation; no trading-plan date is shown in the provided content.
The filing includes the standard attestation that the filer is not aware of undisclosed material adverse information. It identifies the nature of the acquisition as vested shares from the issuer and lists broker details (Wells Fargo Clearing Services). The document does not indicate a trading-plan adoption date in the presented content. This appears to be a procedural governance disclosure fulfilling Rule 144 notice requirements rather than a governance event that changes control or board composition.