[Form 4] UMH Properties, Inc. Insider Trading Activity
UMH Properties director Mitchell William Edward reported a sale of common stock and discloses existing option holdings. The filing shows a sale of 75,849 shares at $16.32 per share, leaving 41,368.03 shares reported as beneficially owned indirectly through Mitchell Portfolio Management. The report also lists 33,000 exercisable derivative securities held directly: 11,000 at a $15.80 exercise price (expiring 01/10/2034), 10,000 at $14.36 (expiring 03/21/2033) and 12,000 at $16.86 (expiring 06/16/2035).
The filing includes an explanation that the sold shares were liquidated so Mitchell Partners could return capital to limited partners, identifying the sale as part of fund-level redemptions rather than an unexplained transfer.
Mitchell William Edward, dirigente di UMH Properties, ha comunicato la vendita di azioni ordinarie e ha reso note le opzioni in suo possesso. La segnalazione indica la vendita di 75,849 azioni a $16.32 per azione, lasciando 41,368.03 azioni dichiarate come detenute indirettamente tramite Mitchell Portfolio Management. Il rapporto elenca inoltre 33,000 strumenti derivati esercitabili detenuti direttamente: 11,000 con prezzo di esercizio $15.80 (scadenza 01/10/2034), 10,000 a $14.36 (scadenza 03/21/2033) e 12,000 a $16.86 (scadenza 06/16/2035).
La comunicazione specifica che le azioni vendute sono state liquidate affinché Mitchell Partners potesse restituire capitale ai soci accomandanti, precisando che la vendita rientra in rimborsi a livello di fondo e non in un trasferimento non spiegato.
Mitchell William Edward, directivo de UMH Properties, informó la venta de acciones comunes y divulgó las opciones que mantiene. La presentación muestra la venta de 75,849 acciones a $16.32 por acción, quedando 41,368.03 acciones reportadas como propiedad indirecta a través de Mitchell Portfolio Management. El informe también lista 33,000 valores derivados ejercitables mantenidos directamente: 11,000 con precio de ejercicio $15.80 (vencimiento 01/10/2034), 10,000 a $14.36 (vencimiento 03/21/2033) y 12,000 a $16.86 (vencimiento 06/16/2035).
La presentación incluye la explicación de que las acciones vendidas se liquidaron para que Mitchell Partners pudiera devolver capital a los socios comanditarios, identificando la venta como parte de reembolsos a nivel de fondo y no como una transferencia sin explicación.
UMH Properties의 임원 Mitchell William Edward가 보통주 매각을 신고하고 보유 중인 옵션을 공개했습니다. 제출서류에는 주당 $16.32에 75,849주를 매각했다고 기재되어 있으며, Mitchell Portfolio Management를 통해 간접적으로 41,368.03주를 계속 보유하고 있는 것으로 보고되어 있습니다. 보고서에는 또한 직접 보유 중인 행사 가능한 파생상품 33,000주가 기재되어 있는데, 행사가는 $15.80(만기 01/10/2034)인 11,000주, $14.36(만기 03/21/2033)인 10,000주, $16.86(만기 06/16/2035)인 12,000주입니다.
서류에는 매각한 주식이 Mitchell Partners가 유한파트너에게 자본을 반환하기 위해 청산된 것이라고 설명되어 있으며, 해당 매각을 설명 없는 이전이 아닌 펀드 차원의 환매의 일부로 명시하고 있습니다.
Mitchell William Edward, directeur d'UMH Properties, a déclaré une vente d'actions ordinaires et a divulgué les options qu'il détient. Le dépôt indique la vente de 75,849 actions à $16.32 par action, laissant 41,368.03 actions signalées comme détenues indirectement via Mitchell Portfolio Management. Le rapport énumère également 33,000 titres dérivés exerçables détenus directement : 11,000 au prix d'exercice de $15.80 (expiration 01/10/2034), 10,000 à $14.36 (expiration 03/21/2033) et 12,000 à $16.86 (expiration 06/16/2035).
Le dépôt précise que les actions vendues ont été liquidées afin que Mitchell Partners puisse restituer du capital aux commanditaires, identifiant la vente comme faisant partie de rachats au niveau du fonds et non comme un transfert inexpliqué.
Mitchell William Edward, Direktor von UMH Properties, meldete den Verkauf von Stammaktien und legte seine bestehenden Optionsbestände offen. Die Einreichung weist den Verkauf von 75,849 Aktien zu je $16.32 aus, wobei 41,368.03 Aktien weiterhin als indirekt über Mitchell Portfolio Management wirtschaftlich gehalten gemeldet sind. Der Bericht führt zudem 33,000 ausübungsfähige Derivate auf, die direkt gehalten werden: 11,000 zu einem Ausübungspreis von $15.80 (Laufzeit bis 01/10/2034), 10,000 zu $14.36 (Laufzeit bis 03/21/2033) und 12,000 zu $16.86 (Laufzeit bis 06/16/2035).
In der Einreichung wird erklärt, dass die verkauften Aktien liquidiert wurden, damit Mitchell Partners Kapital an die Limited Partners zurückgeben konnte, und dass es sich bei dem Verkauf um Fondsrücknahmen auf Fondsebene und nicht um eine unerklärte Übertragung handelt.
- Reason for sale disclosed: The filing explicitly states the shares were sold to return capital to limited partners, improving transparency.
- Remaining alignment: The reporting person still holds 41,368.03 beneficial shares indirectly and 33,000 exercisable options, preserving continued economic interest.
- Material disposition: The director sold 75,849 shares, a notable reduction in holdings reported on this Form 4.
- Reduced direct ownership: The sale lowered the director's direct/economic stake in the issuer, which could reduce insider-signal weight from future trades.
Insights
TL;DR: Director sold a block of shares to fund redemptions; continued option holdings maintain some alignment with shareholders.
The transaction is disclosed with a stated business reason: Mitchell Partners is liquidating holdings to return capital to limited partners. That explanation reduces ambiguity about motive compared with unexplained sales. The director retains indirect beneficial ownership of 41,368.03 shares and holds 33,000 exercisable options across three strike prices, which preserves partial alignment of interests but reflects a meaningful reduction in directly held equity.
TL;DR: Sale of 75,849 shares at $16.32 is material for insider activity; options exposure remains significant (33,000).
The reported sale size and the explicit sale price provide clear, actionable data for monitoring insider activity. The existence of three option tranches with differing strikes and multi-year expirations indicates ongoing potential for future exercises and dilution timing. The stated reason—returning capital to limited partners—frames the sale as a fund liquidity event rather than a directional signal about UMH's fundamentals.
Mitchell William Edward, dirigente di UMH Properties, ha comunicato la vendita di azioni ordinarie e ha reso note le opzioni in suo possesso. La segnalazione indica la vendita di 75,849 azioni a $16.32 per azione, lasciando 41,368.03 azioni dichiarate come detenute indirettamente tramite Mitchell Portfolio Management. Il rapporto elenca inoltre 33,000 strumenti derivati esercitabili detenuti direttamente: 11,000 con prezzo di esercizio $15.80 (scadenza 01/10/2034), 10,000 a $14.36 (scadenza 03/21/2033) e 12,000 a $16.86 (scadenza 06/16/2035).
La comunicazione specifica che le azioni vendute sono state liquidate affinché Mitchell Partners potesse restituire capitale ai soci accomandanti, precisando che la vendita rientra in rimborsi a livello di fondo e non in un trasferimento non spiegato.
Mitchell William Edward, directivo de UMH Properties, informó la venta de acciones comunes y divulgó las opciones que mantiene. La presentación muestra la venta de 75,849 acciones a $16.32 por acción, quedando 41,368.03 acciones reportadas como propiedad indirecta a través de Mitchell Portfolio Management. El informe también lista 33,000 valores derivados ejercitables mantenidos directamente: 11,000 con precio de ejercicio $15.80 (vencimiento 01/10/2034), 10,000 a $14.36 (vencimiento 03/21/2033) y 12,000 a $16.86 (vencimiento 06/16/2035).
La presentación incluye la explicación de que las acciones vendidas se liquidaron para que Mitchell Partners pudiera devolver capital a los socios comanditarios, identificando la venta como parte de reembolsos a nivel de fondo y no como una transferencia sin explicación.
UMH Properties의 임원 Mitchell William Edward가 보통주 매각을 신고하고 보유 중인 옵션을 공개했습니다. 제출서류에는 주당 $16.32에 75,849주를 매각했다고 기재되어 있으며, Mitchell Portfolio Management를 통해 간접적으로 41,368.03주를 계속 보유하고 있는 것으로 보고되어 있습니다. 보고서에는 또한 직접 보유 중인 행사 가능한 파생상품 33,000주가 기재되어 있는데, 행사가는 $15.80(만기 01/10/2034)인 11,000주, $14.36(만기 03/21/2033)인 10,000주, $16.86(만기 06/16/2035)인 12,000주입니다.
서류에는 매각한 주식이 Mitchell Partners가 유한파트너에게 자본을 반환하기 위해 청산된 것이라고 설명되어 있으며, 해당 매각을 설명 없는 이전이 아닌 펀드 차원의 환매의 일부로 명시하고 있습니다.
Mitchell William Edward, directeur d'UMH Properties, a déclaré une vente d'actions ordinaires et a divulgué les options qu'il détient. Le dépôt indique la vente de 75,849 actions à $16.32 par action, laissant 41,368.03 actions signalées comme détenues indirectement via Mitchell Portfolio Management. Le rapport énumère également 33,000 titres dérivés exerçables détenus directement : 11,000 au prix d'exercice de $15.80 (expiration 01/10/2034), 10,000 à $14.36 (expiration 03/21/2033) et 12,000 à $16.86 (expiration 06/16/2035).
Le dépôt précise que les actions vendues ont été liquidées afin que Mitchell Partners puisse restituer du capital aux commanditaires, identifiant la vente comme faisant partie de rachats au niveau du fonds et non comme un transfert inexpliqué.
Mitchell William Edward, Direktor von UMH Properties, meldete den Verkauf von Stammaktien und legte seine bestehenden Optionsbestände offen. Die Einreichung weist den Verkauf von 75,849 Aktien zu je $16.32 aus, wobei 41,368.03 Aktien weiterhin als indirekt über Mitchell Portfolio Management wirtschaftlich gehalten gemeldet sind. Der Bericht führt zudem 33,000 ausübungsfähige Derivate auf, die direkt gehalten werden: 11,000 zu einem Ausübungspreis von $15.80 (Laufzeit bis 01/10/2034), 10,000 zu $14.36 (Laufzeit bis 03/21/2033) und 12,000 zu $16.86 (Laufzeit bis 06/16/2035).
In der Einreichung wird erklärt, dass die verkauften Aktien liquidiert wurden, damit Mitchell Partners Kapital an die Limited Partners zurückgeben konnte, und dass es sich bei dem Verkauf um Fondsrücknahmen auf Fondsebene und nicht um eine unerklärte Übertragung handelt.
FAQ
What insider activity did UMH (UMH) report on this Form 4?
Why were the 75,849 UMH shares sold?
Does the reporting person still hold options in UMH?
Who holds the remaining beneficial shares reported?
When did the reported sale occur and who signed the Form 4?
