UMH Properties (UMH) director receives 1,381-share stock award

Rhea-AI Filing Summary

Carus Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.

UMH Properties, Inc. director Jeffrey A. Carus received a stock award of 1,381 common shares on March 24, 2026 at $14.26 per share. The footnote describes this as a stock award for directors, indicating compensation rather than an open-market purchase.

After the award, he directly holds 33,065.73 common shares, plus options covering 11,000 shares at $15.80 expiring on January 10, 2034, 10,000 at $14.36 expiring on March 21, 2033, 12,000 at $16.86 expiring on June 16, 2035, and 12,000 at $16.15 expiring on January 21, 2036. He also reports indirect holdings in custodial accounts for his sons and 500 shares of Preferred D.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carus Jeffrey A

(Last) (First) (Middle)

3499 ROUTE 9 NORTH, SUITE 3C

(Street)

FREEHOLD NEW JERSEY 07728

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UMH PROPERTIES, INC. [ UMH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
UMH Properties, Inc.	03/24/2026		A		1,381(1)	A	$14.26	33,065.73	D
UMH Properties, Inc.								729.39	I	Custodial account for Son, Daniel
UMH Properties, Inc.								620.58	I	Custodial account for Son, Ethan
UMH Properties, Inc. (Preferred D)								500	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
UMH Properties, Inc.	$15.8							01/10/2025	01/10/2034	UMH Properties, Inc.	11,000		11,000	D
UMH Properties, Inc.	$14.36							03/21/2024	03/21/2033	UMH Properties, Inc.	10,000		10,000	D
UMH Properties, Inc.	$16.86							06/16/2026	06/16/2035	UMH Properties, Inc.	12,000		12,000	D
UMH Properties, Inc.	$16.15							01/21/2027	01/21/2036	UMH Properties, Inc.	12,000		12,000	D

Explanation of Responses:

1. Stock award for Directors.

	Nelli Madden	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did UMH (UMH) director Jeffrey Carus report in this Form 4?

Director Jeffrey A. Carus reported receiving a stock award of 1,381 UMH Properties common shares at $14.26 per share. This award is described as a stock award for directors, indicating routine equity compensation rather than an open-market transaction or discretionary share purchase.

Is the UMH (UMH) Form 4 transaction a director purchase or a stock award?

The Form 4 reports a stock award, not an open-market purchase. Transaction code A and the footnote state it is a stock award for directors, meaning the shares were granted as part of director compensation instead of being bought on the open market.

How many UMH shares does Jeffrey Carus hold after this reported award?

Following the award, Jeffrey A. Carus directly holds 33,065.73 UMH common shares. He also reports indirect holdings in custodial accounts for his sons and 500 shares of Preferred D, plus multiple stock option positions on additional underlying common shares with various exercise prices and expirations.

What stock options on UMH shares does Jeffrey Carus have outstanding?

He reports options on 11,000 underlying shares at $15.80 expiring January 10, 2034; 10,000 at $14.36 expiring March 21, 2033; 12,000 at $16.86 expiring June 16, 2035; and 12,000 at $16.15 expiring January 21, 2036, all tied to UMH common stock.

Does the UMH (UMH) Form 4 show any insider selling activity by Jeffrey Carus?

The summarized data show no reported sales; the only characterized transaction is an acquisition via stock award of 1,381 common shares. Additional entries in the filing list existing holdings and option positions rather than new open-market buys or sells during the reported period.

What indirect holdings in UMH stock does Jeffrey Carus disclose?

He discloses 729.39 UMH common shares held in a custodial account for his son Daniel and 620.58 shares in a custodial account for his son Ethan. These positions are reported as indirect ownership, separate from his direct common and preferred share holdings and stock options.