UMH Properties (UMH) director Levy Stuart details stock and option holdings

Rhea-AI Filing Summary

UMH Properties, Inc. director Levy Stuart reported updated holdings of the company’s equity. Following activity on 12/15/2025, he beneficially owned 25,537.1 shares of UMH Properties common stock directly, which includes 371.29 shares acquired through dividend reinvestment on 12/15/25.

He also held stock options on UMH Properties common stock, including 11,000 derivative securities with a $15.8 exercise price expiring on 01/10/2034, 10,000 with a $14.36 exercise price expiring on 03/21/2033, and 12,000 with a $16.86 exercise price expiring on 06/16/2035, all reported as directly owned. The filing reflects holdings rather than new open‑market purchases or sales.

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^*

Levy Stuart

(Last) (First) (Middle)

3499 ROUTE 9 NORTH

SUITE 3C

(Street)

FREEHOLD NJ 07728

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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.								25,537.1(1)	D

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

Explanation of Responses:

1. Includes 371.29 shares acquired through dividend reinvestment on 12/15/25.

	Nelli Madden	01/09/2026
	** 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.
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FAQ

Who is the insider in this UMH (UMH Properties, Inc.) Form 4 filing?

The reporting person is Levy Stuart, who is identified as a director of UMH Properties, Inc. He is not listed as an officer or 10% owner in this filing.

How many UMH Properties, Inc. common shares does Levy Stuart report owning?

After the reported activity, Levy Stuart beneficially owned 25,537.1 shares of UMH Properties, Inc. common stock directly. This amount includes 371.29 shares acquired through dividend reinvestment on 12/15/25.

What derivative securities on UMH stock does Levy Stuart hold according to this filing?

He holds stock options on UMH Properties, Inc. common stock, including 11,000 derivative securities with a $15.8 exercise price expiring on 01/10/2034, 10,000 with a $14.36 exercise price expiring on 03/21/2033, and 12,000 with a $16.86 exercise price expiring on 06/16/2035, all held directly.

Does this UMH insider filing show new open-market trades or mainly holdings?

The data presented describe beneficial ownership levels of common and derivative securities as of 12/15/2025. The narrative highlight is that the common stock total includes 371.29 shares acquired via dividend reinvestment, indicating a holdings update rather than clearly identified open‑market purchase or sale transactions.

How were some of Levy Stuart’s UMH shares acquired according to the footnote?

The footnote explains that his direct common stock position includes 371.29 shares acquired through dividend reinvestment on 12/15/25, meaning those shares came from reinvesting cash dividends into additional UMH shares.

Are Levy Stuart’s UMH holdings reported as direct or indirect ownership?

In this filing, the common stock holdings of 25,537.1 shares and all listed derivative securities are reported with ownership form “D” for direct, and no separate indirect ownership nature is described.