UMH Properties (NYSE: UMH) director receives 12,000 options and stock award
Rhea-AI Filing Summary
UMH Properties director Michael P. Landy reported new equity-based compensation in the form of common stock and stock options. On 01/21/2026, he received an award of 1,220 UMH common shares at a reported price of $16.15 per share, described as a stock award for directors, bringing his directly held common stock to 363,271.59 shares.
He was also granted 12,000 stock options with an exercise price of $16.15, which vest over five years at 20% per year from 01/21/2027 through 01/21/2031. In addition to this new grant, the filing lists previously awarded options on 11,000, 10,000, and 12,000 shares with exercise prices of $15.80, $14.36, and $16.86 and expirations in 2034, 2033, and 2035. Landy also reports indirect ownership of 18,310.2 shares in an account for his son Aaron and 48,000 shares as co‑manager of EWL Grandchildren Fund LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | UMH Properties, Inc. | 12,000 | $16.15 | $194K |
| Grant/Award | UMH Properties, Inc. | 1,220 | $16.15 | $20K |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
Footnotes (1)
- Stock award for Directors. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 2,400 shares vesting on 1/21/2027; 2,400 shares vesting on 1/21/2028; 2,400 shares vesting on 1/21/2029; 2,400 shares vesting on 1/21/2030; and 2,400 shares vesting on 1/21/2031.
FAQ
What insider transaction did UMH (UMH) report for Michael P. Landy?
The filing shows that director Michael P. Landy received an award of 1,220 UMH common shares and a grant of 12,000 stock options on 01/21/2026.
How do the new UMH stock options for Michael P. Landy vest?
The 12,000 stock options vest over five years at 20% per year, with 2,400 shares vesting on each of 01/21/2027, 01/21/2028, 01/21/2029, 01/21/2030, and 01/21/2031.
What other UMH stock option grants are listed for Michael P. Landy?
The filing lists additional options on 11,000, 10,000, and 12,000 UMH shares with exercise prices of $15.80, $14.36, and $16.86, expiring in 2034, 2033, and 2035, respectively.