UMH CEO Sells 45,700 Shares at $16.40; Retains 179,500 Options
Samuel A. Landy, who serves as President and CEO and as a director of UMH Properties, sold common stock on 08/11/2025, disposing of 45,700 shares at a reported price of $16.40 per share.
Rhea-AI Filing Summary
Samuel A. Landy, who serves as President and CEO and as a director of UMH Properties, sold common stock on 08/11/2025, disposing of 45,700 shares at a reported price of $16.40 per share. The form reports the amount of securities beneficially owned following the transaction as 1,101,282.87 (as shown on the form). The filing also discloses multiple indirect holdings: 12,068.99 shares held by spouse, 41,317.15 held with spouse, 49,295.19 held by The Landy 2022 Family Trust, and 48,000 via co-management of EWL Grandchildren Fund LLC.
The filing lists derivative holdings consisting of four option grants totaling 179,500 underlying shares with various exercise prices and expiration dates, indicating continued option-based exposure to UMH stock.
Positive
- Continued substantial ownership: Reporting person retains a reported post-transaction beneficial ownership of 1,101,282.87 (as shown) and multiple indirect holdings.
- Significant option exposure: Holds 179,500 underlying option shares across four grants, indicating ongoing alignment with long-term stock performance.
Negative
- Insider sale executed: The reporting person sold 45,700 shares at $16.40, representing an insider liquidity event that reduces direct holdings.
Insights
TL;DR: CEO sold 45,700 shares at $16.40 but retains substantial direct, indirect and option exposure to UMH.
The sale of 45,700 shares at $16.40 reduces direct stock holdings but does not eliminate executive exposure: the reporting person reports a post-transaction beneficial ownership figure of 1,101,282.87 (as shown) and holds 179,500 option-based shares exercisable over multiple dates. For investors, this is a routine insider liquidity event rather than a forfeiture of alignment, given continued sizeable holdings across direct, indirect and trust vehicles. The presence of multiple long-dated option grants suggests ongoing incentive alignment with stock performance.
TL;DR: Insider sale disclosed; mixed governance signal because executive remains heavily invested through direct, indirect and derivative positions.
The Form 4 shows a reported sale (S) of 45,700 shares on 08/11/2025 at $16.40. The reporting person continues to report indirect holdings via spouse, a family trust and a co-managed fund, plus substantial option holdings totaling 179,500 underlying shares with staggered exercisability and expirations. From a governance standpoint, the combination of an open-market sale and sustained ownership through multiple vehicles is common; materiality depends on company size and the executive's proportional holdings, which the form documents but does not contextualize relative to total outstanding shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UMH Properties, Inc. | 45,700 | $16.40 | $749K |
| 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. | -- | -- | -- |
Footnotes (1)
- F1. Sale of shares.
FAQ
What did UMH (UMH) insider Samuel A. Landy do on 08/11/2025?
Does the filing show indirect or family holdings for the UMH reporting person?
Are there any derivative or option positions disclosed for UMH insider Landy?
What roles does the reporting person hold at UMH?
AI-generated analysis. How Rhea-AI works. Not financial advice.
