UMH executive exercises options for 11,000 shares
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Form Type
4
Rhea-AI Filing Summary
UMH Properties, Inc. insider Daniel O. Landy (EVP and President of OZ Fund) exercised stock options for 11,000 shares of common stock on 2026-08-06 at an exercise price of $9.70 per share, converting derivative securities into an equal number of directly held common shares. He continues to hold multiple option grants on UMH common stock with exercise prices between $12.94 and $23.81 per share and expiration dates from 2028 through 2036, as well as indirect holdings through several family-related entities and partnerships.
Insider Trade Summary
11,000 shares exercised/converted
Exercise
17 txns
Insider
LANDY DANIEL O.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | UMH Properties, Inc. F1 | 11,000 | $9.70 | $107K |
| Exercise | UMH Properties, Inc. F1 | 11,000 | $9.70 | $107K |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. (Preferred D) | -- | -- | -- |
Holdings After Transaction:
UMH Properties, Inc. — 649,860 contracts for 589,100 underlying shares (Direct);
UMH Properties, Inc. — 112,563.73 shares (Direct);
UMH Properties, Inc. — 52,401.86 shares (Indirect, The Landy 2022 Family Trust);
UMH Properties, Inc. — 37,903 shares (Indirect, Juniper Plaza Associates, LTD.);
UMH Properties, Inc. — 16,220 shares (Indirect, Samuel Landy Family LTD Partnership);
UMH Properties, Inc. — 24,670 shares (Indirect, Windsor Industrial Park Associates, LTD.);
UMH Properties, Inc. (Preferred D) — 900 shares (Indirect, Windsor Industrial Park Associates, LTD.)
Footnotes (1)
- F1. Exercise of stock options.
Key Figures
Options Exercised: 11,000 shares
Exercise Price: $9.70 per share
Underlying Shares on Exercised Option Grant: 71,760 shares
+5 more
8 metrics
Options Exercised
11,000 shares
Stock options on UMH common stock exercised on 2026-08-06
Exercise Price
$9.70 per share
Exercise price for 11,000-share option exercise on 2026-08-06
Underlying Shares on Exercised Option Grant
71,760 shares
Total underlying shares for the derivative position exercised in part
Option Block at $15.66
75,000 underlying shares
Direct option award, exercise price $15.6600, expires 2034-03-26
Option Block at $14.36
75,000 underlying shares
Direct option award, exercise price $14.3600, expires 2033-03-21
Landy 2022 Family Trust Holdings
52,401.86 shares
Indirect UMH common stock held by The Landy 2022 Family Trust
Juniper Plaza Associates Holdings
37,903 shares
Indirect UMH common stock held by Juniper Plaza Associates, LTD.
Windsor Associates Preferred D
900 shares
UMH Properties, Inc. Preferred D shares held indirectly by Windsor Industrial Park Associates, LTD.
Key Terms
Exercise or conversion of derivative security, stock options, indirect ownership, Preferred D, +1 more
5 terms
Exercise or conversion of derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security""
stock options financial
"Footnote F1 states: "Exercise of stock options.""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
indirect ownership financial
"Holdings marked ownership_type "indirect" for family trusts and partnerships"
Preferred D financial
"Security titled "UMH Properties, Inc. (Preferred D)" held indirectly"
exercise price financial
"Each option grant lists an "exercisePrice" such as 15.6600 or 14.3600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Daniel O. Landy report in this Form 4 for UMH?
Daniel O. Landy reported exercising stock options for 11,000 UMH shares on 2026-08-06 at an exercise price of $9.70 per share, converting derivative securities into directly held common stock.
At what price were Daniel O. Landy’s UMH options exercised?
The options were exercised at $9.70 per share. This transaction converted derivative securities into 11,000 shares of UMH Properties, Inc. common stock, as disclosed in the Form 4 filing.
What UMH option positions does Daniel O. Landy still hold after this Form 4?
He continues to hold several UMH option grants, including 75,000 underlying shares at $15.66 expiring 2034-03-26 and 75,000 underlying shares at $14.36 expiring 2033-03-21, among other awards disclosed in the filing.
Is this UMH Form 4 transaction a market purchase or sale?
The reported activity is an exercise of stock options, not a market purchase or sale. Code “M” indicates exercise or conversion of a derivative security into common shares at the stated exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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