UMH (UMH) CEO Samuel Landy reports 13,000-share gift, retains large stake

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.

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

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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 SAMUEL A

(Last) (First) (Middle)

3499 US HWY 9

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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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.								1,002,336.704	D
UMH Properties, Inc.								12,127.31	I	Held by Spouse
UMH Properties, Inc.	03/09/2026		G		13,000(1)	D	$14.92	28,359.12	I	Held with Spouse
UMH Properties, Inc.								50,798.71	I	The Landy 2022 Family Trust
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.	$14.36							03/21/2024	03/21/2033	UMH Properties, Inc.	29,500		29,500	D
UMH Properties, Inc.	$13.09							04/02/2019	04/02/2028	UMH Properties, Inc.	50,000		50,000	D
UMH Properties, Inc.	$15.04							04/04/2018	04/04/2027	UMH Properties, Inc.	50,000		50,000	D
UMH Properties, Inc.	$14.25							01/19/2018	01/19/2027	UMH Properties, Inc.	50,000		50,000	D

Explanation of Responses:

1. Gift transfer.

	Nelli Madden	03/10/2026
	** 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.
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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.

How many UMH (UMH) shares did Samuel A. Landy retain with his spouse after the gift?

After the 13,000-share gift, the filing shows 28,359.12 UMH Properties, Inc. shares in the “Held with Spouse” indirect ownership line. This reflects the remaining balance for that specific shared holding following the bona fide gift transaction reported in the Form 4.

What are Samuel A. Landy’s direct common share holdings in UMH (UMH)?

The Form 4 lists a direct holding of 1,002,336.704 UMH Properties, Inc. common shares for Samuel A. Landy. This direct position is separate from his indirect holdings through a spouse, family trust, and an LLC associated with grandchildren, which are shown on additional lines.

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.

What indirect UMH (UMH) holdings are reported for Samuel A. Landy besides the shared spouse account?

Beyond the “Held with Spouse” line, the Form 4 reports 12,127.31 shares held by spouse, 50,798.71 shares held by The Landy 2022 Family Trust, and 48,000 shares held through EWL Grandchildren Fund LLC, where Landy is identified as co-manager, all categorized as indirect ownership.

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.