UMH (UMH) CEO Samuel Landy reports 13,000-share gift, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UMH Properties, Inc. President and CEO Samuel A. Landy reported a bona fide gift of 13,000 indirectly held shares of UMH Properties, Inc. on the date shown, at a price of $14.92 per share. After the gift, the position labeled “Held with Spouse” shows 28,359.12 shares. The filing also lists substantial direct share holdings, including 1,002,336.704 common shares, and several option-style awards covering 29,500, 50,000, 50,000, and 50,000 underlying shares at exercise prices between $13.09 and $15.04 with expirations from 2027 to 2033, indicating a large remaining equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,000 shares gifted
Mixed
9 txns
Insider
LANDY SAMUEL A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | UMH Properties, Inc. | 13,000 | $14.92 | $194K |
| 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. | -- | -- | -- |
Holdings After Transaction:
UMH Properties, Inc. — 28,359.12 shares (Indirect, Held with Spouse);
UMH Properties, Inc. — 29,500 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did UMH (UMH) disclose for Samuel A. Landy?
UMH reported that President and CEO Samuel A. Landy made a bona fide gift of 13,000 indirectly held UMH Properties, Inc. shares at $14.92 per share. The gifted shares were from a position labeled as held with spouse, reducing that particular indirect holding.
What option-style awards for UMH (UMH) does Samuel A. Landy hold?
The filing shows several option-style positions: 29,500 underlying shares at a $14.36 exercise price expiring in 2033, plus three blocks of 50,000 underlying shares at $13.09, $15.04, and $14.25 exercise prices, expiring between 2027 and 2028, all listed as direct holdings.
Does the reported UMH (UMH) gift transaction represent an open-market sale?
No. The transaction is coded as a bona fide gift, not an open-market sale or purchase. Gift transactions transfer shares without consideration and generally do not signal a change in the insider’s market view, especially when substantial holdings remain afterward.