UMH grants COO Brett Taft 50K options at $15.58
EVP and COO Brett Taft received a new 50,000-share stock option grant at a $15.58 exercise price, vesting over five years.
Rhea-AI Filing Summary
UMH PROPERTIES, INC. (UMH) reported that EVP and COO Brett Taft received a grant of stock options for 50,000 shares of UMH common stock on September 16, 2026. The options have an exercise price of $15.58 per share, become exercisable starting September 16, 2027, and expire on September 16, 2036. According to the footnote, the grant vests over five years at 10,000 shares per year on each anniversary from 2027 through 2031. No Rule 10b5-1 trading plan is reported, and the filing also lists several previously granted option awards with varying exercise prices and expiration dates that remain outstanding.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Grant/Award: 50,000 shares
Grant/Award
11 txns
Insider
Taft Brett
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | UMH Properties, Inc. F1 | 50,000 | $15.58 | $779K |
| 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. | -- | -- | -- |
Holdings After Transaction:
UMH Properties, Inc. — 444,000 contracts for 394,000 underlying shares (Direct);
UMH Properties, Inc. — 129,593.53 shares (Direct)
Footnotes (1)
- F1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 10,000 shares vesting on 9/16/2027; 10,000 shares vesting on 9/16/2028; 10,000 shares vesting on 9/16/2029; 10,000 shares vesting on 9/16/2030; and 10,000 shares vesting on 9/16/2031.
Key Figures
New option grant underlying shares: 50,000 shares
New option exercise price: $15.58 per share
Option grant expiration date: September 16, 2036
+4 more
7 metrics
New option grant underlying shares
50,000 shares
Stock options granted to Brett Taft on September 16, 2026
New option exercise price
$15.58 per share
Exercise price for 50,000-share option grant on September 16, 2026
Option grant expiration date
September 16, 2036
Expiration of 50,000-share option grant to Brett Taft
First vesting tranche
10,000 shares
Vesting on September 16, 2027 under the new option grant
Annual vesting rate
20% per year
New 50,000-share option grant vests 20% annually from 2027 to 2031
Existing option exercise price example
$16.86 per share
Existing option award expiring June 16, 2035 with 50,000 underlying shares
Lowest existing option exercise price example
$9.70 per share
Existing option award expiring March 25, 2030 with 50,000 underlying shares
Key Terms
stock option, vest, exercise price, expiration date, +1 more
5 terms
stock option financial
"This stock option will vest over the next five years"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"will vest over the next five years, 20% per year"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price": "15.5800""
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.
expiration date financial
"expiration_date": "2036-09-16""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
underlying security financial
"underlying_security_title": "UMH Properties, Inc.""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UMH (UMH) disclose about Brett Taft in this Form 4?
UMH disclosed that EVP and COO Brett Taft received a stock option grant for 50,000 shares of UMH common stock on September 16, 2026, with a $15.58 exercise price, five-year vesting schedule, and expiration on September 16, 2036.
What is the exercise price and term of Brett Taft’s new UMH stock options?
The new stock options granted to Brett Taft carry an exercise price of $15.58 per share, first become exercisable on September 16, 2027, and have an expiration date of September 16, 2036, giving a 10-year option term from the grant date.
How do Brett Taft’s new UMH stock options vest over time?
The stock option grant for 50,000 shares vests in five equal annual installments of 10,000 shares each. Vesting dates are September 16 of 2027, 2028, 2029, 2030, and 2031, as stated in the footnote to the Form 4.
Does this UMH Form 4 mention a Rule 10b5-1 trading plan for Brett Taft?
The filing indicates no Rule 10b5-1 plan is reported. The document-level checkbox for such a plan is not marked as affirmative, and the footnotes describing the grant and vesting terms do not reference any trading plan.
What other UMH stock options does Brett Taft hold according to this Form 4?
The filing lists several outstanding option awards held directly, including options with exercise prices of $16.86, $15.66, $14.36, $23.81, $22.57, $9.70, $11.42, $13.09, and $15.04 per share, with expiration dates ranging from 2027 through 2035.
AI-generated analysis. How Rhea-AI works. Not financial advice.
