UMH (UMH) director granted 1,381-share stock award in Form 4

Rhea-AI Filing Summary

UMH Properties, Inc. director Michael P. Landy received a stock award of 1,381 shares on March 24, 2026 at $14.26 per share, recorded as an acquisition under a director compensation plan.

Following this award, he holds 364,652.59 shares directly, along with indirect interests including 18,310.2 shares in an account for his son Aaron and 48,000 shares through EWL Grandchildren Fund LLC. He also retains option-style rights over additional shares at exercise prices between $14.36 and $16.86 expiring from 2033 to 2036.

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^*

LANDY MICHAEL P

(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	364,652.59	D
UMH Properties, Inc.								18,310.2	I	Account is C/F Son Aaron
UMH Properties, Inc.								48,000	I	Co-Manager of EWL Grandchildren Fund LLC

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 insider transaction did UMH (UMH) report for Michael P. Landy?

UMH reported that director Michael P. Landy received a stock award of 1,381 shares on March 24, 2026. The award was priced at $14.26 per share and classified as a grant or other acquisition rather than an open-market purchase.

How many UMH shares does Michael P. Landy hold directly after this Form 4?

After the stock award, Michael P. Landy directly holds 364,652.59 UMH shares. This figure reflects his updated direct ownership position as reported, showing that the 1,381-share grant is small relative to his existing stake in UMH Properties, Inc.

Does Michael P. Landy have indirect holdings in UMH Properties, Inc.?

Yes. The filing shows 18,310.2 shares held in an account for his son Aaron and 48,000 shares held through EWL Grandchildren Fund LLC. These positions are reported as indirect ownership interests associated with Landy.

What type of transaction code appears for the UMH director’s new shares?

The new 1,381-share position is reported with transaction code A, described as a grant, award, or other acquisition. A footnote clarifies this is a stock award for directors, indicating compensation rather than an open-market trade.

What equity awards or options does Michael P. Landy retain in UMH stock?

The Form 4 lists remaining derivative awards over 11,000 shares at $15.80, 10,000 at $14.36, 12,000 at $16.86, and 12,000 at $16.15. These awards expire between 2033 and 2036, indicating long-dated incentive grants.

Was the UMH director’s 1,381-share award an open-market purchase?

No. The transaction is coded A and described as a grant or award, with a footnote stating it is a stock award for directors. This means the shares were issued as compensation, not bought on the open market by the director.