UMH Properties insider exercises 22,400 stock options
UMH Properties, Inc. executive Daniel O. Landy reported exercising 22,400 stock options for UMH common stock on 2026-08-07 at an exercise price of $9.70 per share.
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Form Type
4
Rhea-AI Filing Summary
UMH Properties, Inc. executive Daniel O. Landy reported exercising 22,400 stock options for UMH common stock on 2026-08-07 at an exercise price of $9.70 per share. The options were originally granted on 2021-03-25 and are scheduled to expire on 2030-03-25. This exercise converted derivative securities into the same number of common shares, while Landy continues to hold multiple additional option grants with exercise prices between $12.94 and $23.81 and expirations extending through 2036, as well as indirect holdings through several family-related entities and partnerships.
Insider Trade Summary
22,400 shares exercised/converted
Exercise
17 txns
Insider
LANDY DANIEL O.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | UMH Properties, Inc. F1 | 22,400 | $9.70 | $217K |
| Exercise | UMH Properties, Inc. F1 | 22,400 | $9.70 | $217K |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. | -- | -- | -- |
| holding | UMH Properties, Inc. (Preferred D) | -- | -- | -- |
Holdings After Transaction:
UMH Properties, Inc. — 627,460 contracts for 589,100 underlying shares (Direct);
UMH Properties, Inc. — 134,963.73 shares (Direct);
UMH Properties, Inc. — 52,401.86 shares (Indirect, The Landy 2022 Family Trust);
UMH Properties, Inc. — 37,903 shares (Indirect, Juniper Plaza Associates, LTD.);
UMH Properties, Inc. — 16,220 shares (Indirect, Samuel Landy Family LTD Partnership);
UMH Properties, Inc. — 24,670 shares (Indirect, Windsor Industrial Park Associates, LTD.);
UMH Properties, Inc. (Preferred D) — 900 shares (Indirect, Windsor Industrial Park Associates, LTD.)
Footnotes (1)
- F1. Exercise of stock options.
Key Figures
Options Exercised: 22,400 shares
Exercise Price: $9.70 per share
Remaining Options Grant: 75,000 underlying shares
+4 more
7 metrics
Options Exercised
22,400 shares
Stock options for UMH common stock exercised on 2026-08-07
Exercise Price
$9.70 per share
Exercise price of options granted 2021-03-25, expiring 2030-03-25
Remaining Options Grant
75,000 underlying shares
Options at $15.66 per share expiring 2034-03-26
Remaining Options Grant
75,000 underlying shares
Options at $14.36 per share expiring 2033-03-21
Indirect Trust Holdings
52,401.86 shares
Common shares held indirectly via The Landy 2022 Family Trust
Indirect Partnership Holdings
37,903 shares
Common shares held indirectly via Juniper Plaza Associates, LTD.
Preferred D Indirect Holdings
900 shares
UMH Properties, Inc. Preferred D shares held via Windsor Industrial Park Associates, LTD.
Key Terms
stock options, exercise price, derivative security, indirect ownership, +1 more
5 terms
stock options financial
"Footnote F1 states: Exercise of stock options."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price field shows an exercise price of 9.7000."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"ownership_type marked indirect for several entity-held positions."
Preferred D financial
"Security title listed as UMH Properties, Inc. (Preferred D)."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did UMH (UMH) insider Daniel O. Landy report in this Form 4?
Daniel O. Landy reported exercising 22,400 stock options for UMH Properties, Inc. common shares on 2026-08-07 at an exercise price of $9.70 per share, converting derivative securities into common stock.
At what price were the UMH (UMH) options exercised by Daniel O. Landy?
The options were exercised at an exercise price of $9.70 per share. These options were granted on 2021-03-25 and scheduled to expire on 2030-03-25 before the reported exercise on 2026-08-07.
How many UMH (UMH) options did Daniel O. Landy exercise in this filing?
Daniel O. Landy exercised 22,400 stock options, acquiring the same number of UMH Properties, Inc. common shares. The Form 4 characterizes this as an exercise or conversion of a derivative security rather than an open-market purchase or sale.
Does Daniel O. Landy still hold UMH (UMH) stock options after this exercise?
Yes. The filing lists remaining derivative positions, including options on 75,000 shares at $15.66 expiring in 2034 and 75,000 shares at $14.36 expiring in 2033, among several other grants with later expirations.
What indirect UMH (UMH) holdings are associated with Daniel O. Landy?
Indirect holdings include 52,401.86 shares held by The Landy 2022 Family Trust, 37,903 shares via Juniper Plaza Associates, LTD., 16,220 shares via Samuel Landy Family LTD Partnership, and 24,670 common shares plus 900 Preferred D shares via Windsor Industrial Park Associates, LTD.
Was this UMH (UMH) Form 4 transaction part of a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the single footnote specifies only that the transaction reflects an exercise of stock options, without referencing any trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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