Director at UMH Properties (NYSE: UMH) gets 1,284-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UMH Properties, Inc. director Michael P. Landy reported a stock award of 1,284 common shares, described as a stock award for directors, at a value of $15.34 per share. Following this grant, he directly holds 365,936.59 common shares.
The filing also lists indirect holdings of 48,000 shares through EWL Grandchildren Fund LLC and 18,310.2 shares in an account for his son Aaron. In addition, he holds several stock option awards with exercise prices between $14.36 and $16.86 expiring between 2033 and 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
LANDY MICHAEL P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | UMH Properties, Inc. | 1,284 | $15.34 | $20K |
| 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. — 365,936.59 shares (Direct, null);
UMH Properties, Inc. — 18,310.2 shares (Indirect, Account is C/F Son Aaron)
Footnotes (1)
- [object Object]
Key Figures
Director stock award: 1,284 shares
Award price: $15.34/share
Direct holdings after award: 365,936.59 shares
+5 more
8 metrics
Director stock award
1,284 shares
Grant, award, or other acquisition at $15.34 per share
Award price
$15.34/share
Value used for the 1,284-share director award
Direct holdings after award
365,936.59 shares
Common shares directly owned following the 1,284-share grant
Indirect holdings via EWL Grandchildren Fund LLC
48,000 shares
Indirect ownership; reporting person is co-manager
Indirect holdings for son Aaron
18,310.2 shares
Account is C/F son Aaron, reported as indirect ownership
Option exercise price
$16.15
Stock option over 12,000 underlying shares expiring January 21, 2036
Option exercise price
$16.86
Stock option over 12,000 underlying shares expiring June 16, 2035
Option exercise price
$14.36
Stock option over 10,000 underlying shares expiring March 21, 2033
Key Terms
Grant, award, or other acquisition, indirect ownership, exercise price, expiration date, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
exercise price financial
""conversion_or_exercise_price": "16.1500""
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": "2036-01-21T00:00:00.000Z""
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.
stock award for Directors financial
"footnote": {"_": "Stock award for Directors.""
FAQ
What insider transaction did UMH (UMH Properties, Inc.) report on this Form 4?
UMH reported a director stock award of 1,284 common shares to Michael P. Landy. The shares are described as a stock award for directors, representing compensation rather than an open-market purchase, at a value of $15.34 per share on the transaction date.
What stock options or derivative awards does Michael P. Landy have in UMH?
Michael P. Landy holds several stock option-type awards over UMH common stock, covering 12,000, 12,000, 10,000 and 11,000 underlying shares. Their exercise prices range from $14.36 to $16.86, with expiration dates between 2033 and 2036.