STOCK TITAN

UMH Properties (NYSE: UMH) awards 75,000-share option to Daniel Landy

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UMH Properties, Inc. reported that Daniel O. Landy, described as EVP and President of OZ Fund, received a stock option grant on 2026-08-05 covering 75,000 shares at an exercise price of $15.20, expiring 2036-08-05.

The option vests in five equal annual installments of 15,000 shares each on 8/05 from 2027 through 2031. Landy also holds multiple prior option awards with exercise prices between $9.70 and $23.81 and indirect ownership interests through trusts and limited partnerships, including common and Preferred D shares.

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Insider LANDY DANIEL O.
Role Insider
Type Security Shares Price Value
Grant/Award UMH Properties, Inc. F1 75,000 $15.20 $1.14M
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. -- -- --
holding UMH Properties, Inc. (Preferred D) -- -- --
Holdings After Transaction: UMH Properties, Inc. — 762,423.73 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)
  1. F1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 15,000 shares vesting on 8/05/2027; 15,000 shares vesting on 8/05/2028; 15,000 shares vesting on 8/05/2029; 15,000 shares vesting on 8/05/2030; and 15,000 shares vesting on 8/05/2031.
New option grant size 75000.0000 shares Underlying shares covered by stock option granted on 2026-08-05
New option exercise price 15.2000 per share Conversion or exercise price for the 75,000-share option granted 2026-08-05
Annual vesting tranche 15000 shares Each of five equal installments vesting annually from 2027-08-05 through 2031-08-05
Option expiration 2036-08-05 Expiration date of the 75,000-share stock option granted to Daniel O. Landy
Indirect holding - Landy 2022 Family Trust 52401.8600 shares Common shares indirectly owned through The Landy 2022 Family Trust
Indirect holding - Juniper Plaza Associates 37903.0000 shares Common shares indirectly owned through Juniper Plaza Associates, LTD.
Indirect holding - Samuel Landy Family LTD Partnership 16220.0000 shares Common shares indirectly owned through Samuel Landy Family LTD Partnership
Indirect holding - Preferred D 900.0000 shares UMH Properties, Inc. (Preferred D) shares indirectly owned via Windsor Industrial Park Associates, LTD.
stock option financial
"This <b>stock option</b> will vest over the next five years, 20% per year."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercisePrice financial
"Derivative summary lists an <b>exercisePrice</b> of 15.6600 for 75,000 underlying shares."
expirationDate financial
"Options include an <b>expirationDate</b> such as 2034-03-26 or 2031-07-14."
Preferred D financial
"Indirect holdings include 900.0000 shares of UMH Properties, Inc. (<b>Preferred D</b>)."

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FAQ

What insider transaction in UMH (UMH) is disclosed for Daniel O. Landy?

Daniel O. Landy received a stock option grant from UMH Properties, Inc. covering 75,000 underlying shares on 2026-08-05 at an exercise price of $15.20. The option is a derivative award that expires on 2036-08-05 and is reported as directly owned.

What are the vesting terms of Daniel O. Landy’s new UMH (UMH) option grant?

The stock option vests over five years, 20% per year. Specifically, 15,000 shares vest on each 8/05 from 2027 through 2031, resulting in full vesting after the fifth anniversary while the option remains exercisable until 2036-08-05.

What other UMH (UMH) stock options does Daniel O. Landy hold?

Landy holds several prior option awards listed with exercisePrice values from 9.7000 to 23.8100 and expirationDates ranging from 2028 to 2035. Underlying share amounts include grants such as 100,000 shares at 22.5700 and 71,760 shares at 9.7000, all reported as directly owned derivatives.

What indirect UMH (UMH) shareholdings are associated with Daniel O. Landy?

Indirect holdings include 52,401.8600 common shares in The Landy 2022 Family Trust, 37,903.0000 in Juniper Plaza Associates, LTD., 16,220.0000 in Samuel Landy Family LTD Partnership, and 24,670.0000 common plus 900.0000 Preferred D shares in Windsor Industrial Park Associates, LTD.

Is Daniel O. Landy’s UMH (UMH) transaction a sale of shares?

No shares were reported as sold. The Form 4 shows a grant/award acquisition of a stock option covering 75,000 shares under transaction code A, with no corresponding sale, exercise, or disposition transactions reported for the same date.
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*
LANDY DANIEL O.

(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
Officer (give title below)XOther (specify below)
EVP and President of OZ Fund
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
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.101,563.73D
UMH Properties, Inc.52,401.86IThe Landy 2022 Family Trust
UMH Properties, Inc.37,903IJuniper Plaza Associates, LTD.
UMH Properties, Inc.16,220ISamuel Landy Family LTD Partnership
UMH Properties, Inc.24,670IWindsor Industrial Park Associates, LTD.
UMH Properties, Inc. (Preferred D)900IWindsor Industrial Park Associates, LTD.
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.$15.6603/26/202503/26/2034UMH Properties, Inc.75,00075,000D
UMH Properties, Inc.$14.3603/21/202403/21/2033UMH Properties, Inc.75,00075,000D
UMH Properties, Inc.$23.8102/08/202303/28/2032UMH Properties, Inc.78,10078,100D
UMH Properties, Inc.$22.5707/14/202207/14/2031UMH Properties, Inc.100,000100,000D
UMH Properties, Inc.$9.703/25/202103/25/2030UMH Properties, Inc.71,76071,760D
UMH Properties, Inc.$13.904/02/202004/02/2029UMH Properties, Inc.100,000100,000D
UMH Properties, Inc.$12.9412/10/201912/10/2028UMH Properties, Inc.25,00025,000D
UMH Properties, Inc.$15.7507/09/201907/09/2028UMH Properties, Inc.10,00010,000D
UMH Properties, Inc.$13.0904/02/201904/02/2028UMH Properties, Inc.1,0001,000D
UMH Properties, Inc.$16.8606/16/202606/16/2035UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$15.208/05/2026A75,000(1)08/05/202708/05/2036UMH Properties, Inc.75,000$15.275,000D
Explanation of Responses:
1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 15,000 shares vesting on 8/05/2027; 15,000 shares vesting on 8/05/2028; 15,000 shares vesting on 8/05/2029; 15,000 shares vesting on 8/05/2030; and 15,000 shares vesting on 8/05/2031.
Nelli Madden08/06/2026
** 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)