[Form 4] UMH PROPERTIES, INC. Insider Trading Activity
Rhea-AI Filing Summary
UMH Properties Form 4: Director Angela D. Pruitt received a director stock award of 1,243 shares on 09/17/2025 at a reported price of $15.08, bringing her total reported beneficial ownership to 11,147.73 shares (direct). The filing also reports derivative securities beneficially owned by Ms. Pruitt: 11,000 underlying shares from options with a $15.80 exercise price (exercisable 01/10/2025, expiring 01/10/2034), 10,000 underlying shares from options with a $14.36 exercise price (exercisable 03/21/2024, expiring 03/21/2033), and 12,000 underlying shares from options with a $16.86 exercise price (exercisable 06/16/2026, expiring 06/16/2035). The transaction is described as a "stock award for Directors."
Positive
- None.
Negative
- None.
Insights
TL;DR: A director received a routine equity award and holds multiple outstanding options; transaction appears administrative and nondisruptive.
The Form 4 documents a director stock award of 1,243 shares at $15.08, increasing direct beneficial ownership to 11,147.73 shares. The filing also itemizes three existing option tranches totaling 33,000 underlying shares with staggered exercise prices and expirations. These disclosures are standard for director compensation and provide transparency on potential future dilution and insider alignment with shareholders. No sales or dispositions were reported.
TL;DR: Director equity grant is consistent with typical board compensation; key governance detail is disclosure of option holdings and exercise terms.
The report explicitly notes the award as a director stock award and lists exercisable option amounts and expiry dates, which is helpful for assessing executive and director incentives. All items are presented as acquisitions or existing holdings; there is no indication of changes to governance structure or unusual insider activity. The filing fulfills Section 16 reporting requirements.