UMH Properties grants CFO Miller 6,781 shares

The restricted shares are subject to performance milestones, with achievement determined following the company’s Form 10-K for the year ending December 31, 2028.

Rhea-AI Filing Summary

UMH Properties, Inc. reports that EVP, CFO and Treasurer Kevin S. Miller received a direct grant of 6,781 restricted shares on October 6, 2026. Vesting is subject to previously established performance milestones; achievement will be determined following the filing of the company’s Form 10-K for the year ending December 31, 2028. Miller also reports four direct derivative positions: 2,000 underlying shares at a $14.36 exercise price, 13,740 at $15.66, 15,000 at $18.30 and 29,167 at $15.58, expiring March 21, 2033; March 26, 2034; March 6, 2035; and September 16, 2036, respectively. His reported direct Preferred D holding is 4,466.28 shares.

Insider Trade Summary

Grant/Award: 6,781 shares

Grant/Award 6 txns

Insider Miller Kevin S.

Role EVP, CFO, Treasurer

Type	Security	Shares	Price	Value
Grant/Award	UMH Properties, Inc. F1	6,781	$0.00	$0.00
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. — 31,308.91 shares (Direct); UMH Properties, Inc. — 59,907 contracts (Direct); UMH Properties, Inc. (Preferred D) — 4,466.28 shares (Direct)

Footnotes (1)

1. F1. Restricted stock granted to named executive officer. The vesting of these restricted shares of stock is subject to the achievement of certain previously established performance milestones. Whether such performance milestones have been achieved will be determined following the filing of the Company's Form 10-K for the year ending December 31, 2028.

Key Figures

Restricted shares granted: 6,781 shares Derivative position: 2,000 underlying shares; $14.36 exercise price Derivative position: 13,740 underlying shares; $15.66 exercise price +3 more

6 metrics

Restricted shares granted 6,781 shares October 6, 2026

Derivative position 2,000 underlying shares; $14.36 exercise price Expiration: March 21, 2033

Derivative position 13,740 underlying shares; $15.66 exercise price Expiration: March 26, 2034

Derivative position 15,000 underlying shares; $18.30 exercise price Expiration: March 6, 2035

Derivative position 29,167 underlying shares; $15.58 exercise price Expiration: September 16, 2036

Preferred D holding 4,466.28 shares Direct holding reported

Key Terms

restricted stock, vesting, performance milestones

3 terms

restricted stock financial

"Restricted stock granted to named executive officer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vesting financial

"The vesting of these restricted shares of stock"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

performance milestones financial

"subject to the achievement of certain previously established performance milestones"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many UMH shares did Kevin S. Miller receive?

Kevin S. Miller received a direct grant of 6,781 restricted shares on October 6, 2026. Vesting is subject to previously established performance milestones, with achievement determined following the filing of the company’s Form 10-K for the year ending December 31, 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/08/2026 - 12:38 PM Accepted by SEC EDGAR 10/08/2026 - 12:37 PM Learn about SEC filing dates

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

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO, Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
UMH Properties, Inc.	10/06/2026		A		6,781(1)	A	$0	31,308.91	D
UMH Properties, Inc. (Preferred D)								4,466.28	D

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.	2,000		2,000	D
UMH Properties, Inc.	$15.66							03/26/2025	03/26/2034	UMH Properties, Inc.	13,740		13,740	D
UMH Properties, Inc.	$18.3							03/06/2026	03/06/2035	UMH Properties, Inc.	15,000		15,000	D
UMH Properties, Inc.	$15.58							09/16/2027	09/16/2036	UMH Properties, Inc.	29,167		29,167	D

Explanation of Responses:

1. Restricted stock granted to named executive officer. The vesting of these restricted shares of stock is subject to the achievement of certain previously established performance milestones. Whether such performance milestones have been achieved will be determined following the filing of the Company's Form 10-K for the year ending December 31, 2028.

	Nelli Madden	10/08/2026
	** 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.
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)