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.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LANDY MICHAEL P

(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)
01/21/2026

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.	01/21/2026		A		1,220(1)	A	$16.15	363,271.59	D
UMH Properties, Inc.								18,310.2	I	Account is C/F Son Aaron
UMH Properties, Inc.								48,000	I	Co-Manager of EWL Grandchildren Fund LLC

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
UMH Properties, Inc.	$16.15	01/21/2026		A		12,000(2)		01/21/2027	01/21/2036	UMH Properties, Inc.	12,000	$16.15	12,000	D

Explanation of Responses:

1. Stock award for Directors.

2. 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.

	Nelli Madden	01/23/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

At what price were Michael P. Landys new UMH shares and options recorded?

The 1,220 common shares and the 12,000 stock options were each reported at a price or exercise price of $16.15 per share.

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.

How many UMH common shares does Michael P. Landy hold directly after this Form 4?

After the reported stock award, Michael P. Landy directly beneficially owns 363,271.59 UMH common shares, according to the filing.

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.

What indirect UMH share holdings are reported for Michael P. Landy?

The filing reports 18,310.2 UMH shares held in an account for his son Aaron and 48,000 UMH shares held through EWL Grandchildren Fund LLC, where he is co-manager.