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UMH Properties (UMH) CFO boosts stake through dividend reinvestment purchase

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UMH Properties, Inc. executive vice president, CFO and treasurer Kevin S. Miller reported an open-market purchase of 67.8 common shares at $14.75 per share on July 15, 2026, acquired through the company’s Dividend Reinvestment and Stock Purchase Plan, bringing his direct common share holdings to 23,041.12.

He also holds 4,466.28 shares of UMH Preferred D stock and retains option-like derivative positions covering 15,000, 13,740 and 3,000 underlying common shares with exercise prices of $18.30, $15.66 and $14.36, expiring in 2035, 2034 and 2033, respectively.

Positive

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Insider Miller Kevin S.
Role EVP, CFO, Treasurer
Bought 67.8 shs ($1K)
Type Security Shares Price Value
Purchase UMH Properties, Inc. 67.8 $14.75 $1K
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. (Preferred D) -- -- --
Holdings After Transaction: UMH Properties, Inc. — 23,041.12 shares (Direct); UMH Properties, Inc. (Preferred D) — 4,466.28 shares (Direct)
Footnotes (1)
  1. [object Object]
Common shares purchased 67.8 shares UMH common shares bought on July 15, 2026 at $14.75 per share
Purchase price per share $14.75 Price paid for 67.8 UMH common shares on July 15, 2026
Direct common holdings after transaction 23,041.12 shares Total UMH common shares directly owned by Kevin S. Miller after the purchase
Preferred D holdings 4,466.28 shares UMH Properties, Inc. Preferred D shares held directly
Option position 1 15,000 shares at $18.30 Underlying UMH common shares with $18.30 exercise price, expiring 2035-03-06
Option position 2 13,740 shares at $15.66 Underlying UMH common shares with $15.66 exercise price, expiring 2034-03-26
Option position 3 3,000 shares at $14.36 Underlying UMH common shares with $14.36 exercise price, expiring 2033-03-21
Dividend Reinvestment and Stock Purchase Plan financial
"Purchase of shares through the Dividend Reinvestment and Stock Purchase Plan on 7/15/2026."
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
underlying security financial
"underlying_security_title: UMH Properties, Inc."
exercise price financial
"exercisePrice: 18.3000"
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.
expiration date financial
"expirationDate: 2035-03-06"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
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FAQ

What insider transaction did UMH (UMH) report for Kevin S. Miller?

Kevin S. Miller reported buying 67.8 UMH common shares at $14.75 per share on July 15, 2026. The shares were acquired through UMH’s Dividend Reinvestment and Stock Purchase Plan, increasing his direct common stock ownership to 23,041.12 shares.

How many UMH (UMH) common shares does Kevin S. Miller now hold directly?

After the July 15, 2026 transaction, Kevin S. Miller directly holds 23,041.12 UMH common shares. This total reflects his new purchase of 67.8 shares at $14.75 per share through the Dividend Reinvestment and Stock Purchase Plan.

What preferred stock holdings of UMH (UMH) does Kevin S. Miller report?

Kevin S. Miller reports direct ownership of 4,466.28 shares of UMH Properties, Inc. Preferred D stock. These preferred shares are reported as a separate security from his common stock and derivative positions in UMH Properties, Inc.

What UMH (UMH) stock options or derivative positions does Kevin S. Miller retain?

He retains derivative positions over 15,000, 13,740 and 3,000 UMH common shares with exercise prices of $18.30, $15.66 and $14.36. These positions have expiration dates in 2035, 2034 and 2033, respectively.

Was the UMH (UMH) insider share purchase made through a dividend reinvestment plan?

Yes. The 67.8 UMH common shares were purchased on July 15, 2026 through the company’s Dividend Reinvestment and Stock Purchase Plan. This indicates the acquisition occurred via automatic reinvestment rather than a discretionary lump-sum open-market trade.
SEC Form 4
FORM 4UNITED 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*
Miller Kevin S.

(Last)(First)(Middle)
3499 US HIGHWAY 9
SUITE 3C

(Street)
FREEHOLD NEW JERSEY 07728

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UMH PROPERTIES, INC. [ UMH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CFO, Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
UMH Properties, Inc.07/15/2026P67.8(1)A$14.7523,041.12D
UMH Properties, Inc. (Preferred D)4,466.28D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
UMH Properties, Inc.$14.3603/21/202403/21/2033UMH Properties, Inc.3,0003,000D
UMH Properties, Inc.$15.6603/26/202503/26/2034UMH Properties, Inc.13,74013,740D
UMH Properties, Inc.$18.303/06/202603/06/2035UMH Properties, Inc.15,00015,000D
Explanation of Responses:
1. Purchase of shares through the Dividend Reinvestment and Stock Purchase Plan on 7/15/2026.
Nelli Madden07/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)