STOCK TITAN

UMH director Chew granted 20,833 stock options

Director and Special Advisor Anna T. Chew received a new multi-year stock option award at UMH with five-year vesting and no reported sales.

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UMH PROPERTIES, INC. (UMH) reported that director and Special Advisor Anna T. Chew received a grant of derivative securities representing 20,833 underlying shares on September 16, 2026. The stock option has an exercise price of $15.58 per share and expires on September 16, 2036.

According to a footnote, this option will vest over five years in equal 20% installments on each anniversary from September 16, 2027 through September 16, 2031. No sales or exercises were reported, and no Rule 10b5-1 trading plan is indicated.

Positive

  • None.

Negative

  • None.
Insider CHEW ANNA T
Role Director
Type Security Shares Price Value
Grant/Award UMH Properties, Inc. F1 20,833 $15.58 $325K
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. — 414,833 contracts for 394,000 underlying shares (Direct); UMH Properties, Inc. — 1,065,222.61 shares (Direct)
Footnotes (1)
  1. F1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 4,166.6 shares vesting on 9/16/2027; 4,166.6 shares vesting on 9/16/2028; 4,166.6 shares vesting on 9/16/2029; 4,166.6 shares vesting on 9/16/2030; and 4,166.6 shares vesting on 9/16/2031.
New stock option underlying shares 20,833 shares Shares underlying the derivative grant to Anna T. Chew on September 16, 2026
New stock option exercise price $15.58 per share Exercise price for the September 16, 2026 option grant
New stock option expiration date September 16, 2036 Expiration date of the option granted to Anna T. Chew
First vesting tranche 4,166.6 shares Portion of the new option scheduled to vest on September 16, 2027
Existing option exercise price example $15.66 per share Exercise price of an existing option position with 50,000 underlying shares expiring March 26, 2034
Existing option exercise price example $14.36 per share Exercise price of an existing option position with 75,000 underlying shares expiring March 21, 2033
stock option financial
"This stock option will vest over the next five years, 20% per year"
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.
exercise price financial
"The stock option has an exercise price of $15.58 per share"
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
"has an expiration date of September 16, 2036"
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.
vest financial
"will vest over the next five years, 20% per year on each anniversary date"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did UMH (UMH) report for Anna T. Chew?

Anna T. Chew received a stock option grant for derivative securities representing 20,833 underlying shares of UMH Properties, Inc. on September 16, 2026, reported as an acquisition and not as a market purchase or sale.

What is the exercise price and term of the new UMH stock option grant?

The reported stock option for Anna T. Chew has an exercise price of $15.58 per share, becomes exercisable starting in 2027 as it vests, and has an expiration date of September 16, 2036.

How does the UMH stock option grant to Anna T. Chew vest?

The filing states the stock option will vest over five years, with 20% of the award (4,166.6 shares each tranche) vesting on September 16 of each year from 2027 through 2031.

Were any UMH shares bought or sold in the market in this Form 4?

No. The Form 4 reports a grant of derivative securities (a stock option) to Anna T. Chew and provides information on existing option holdings; it does not report any open-market purchases or sales of UMH common stock.

Does the UMH Form 4 indicate a Rule 10b5-1 trading plan for this grant?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, and the footnote describing the grant does not state that it was made pursuant to a Rule 10b5-1 trading plan.

What other UMH stock options are reported as held by Anna T. Chew?

The filing lists several existing stock option positions, including options with exercise prices such as $15.66, $14.36, $23.81, and others, each with stated expiration dates between 2027 and 2035 and underlying share amounts like 50,000 or 75,000 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
CHEW ANNA T

(Last)(First)(Middle)
3499 HIGHWAY 9
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)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Special Advisor
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
UMH Properties, Inc.1,065,222.61D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
UMH Properties, Inc.$15.6603/26/202503/26/2034UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$14.3603/21/202403/21/2033UMH Properties, Inc.75,00075,000D
UMH Properties, Inc.$23.8103/28/202303/28/2032UMH Properties, Inc.39,00039,000D
UMH Properties, Inc.$22.5707/14/202207/14/2031UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$9.703/25/202103/25/2030UMH Properties, Inc.20,00020,000D
UMH Properties, Inc.$13.904/02/202004/02/2029UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$15.0404/04/201804/04/2027UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$14.2501/19/201801/19/2027UMH Properties, Inc.10,00010,000D
UMH Properties, Inc.$16.8606/16/202606/16/2035UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$15.5809/16/2026A20,833(1)09/16/202709/16/2036UMH Properties, Inc.20,833$15.5820,833D
Explanation of Responses:
1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 4,166.6 shares vesting on 9/16/2027; 4,166.6 shares vesting on 9/16/2028; 4,166.6 shares vesting on 9/16/2029; 4,166.6 shares vesting on 9/16/2030; and 4,166.6 shares vesting on 9/16/2031.
Nelli Madden09/18/2026
** Signature of Reporting PersonDate
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)

Keep reading