STOCK TITAN

UMH Properties (UMH) director granted 1,381-share equity award, holds options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UMH Properties, Inc. director Amy Lynn Butewicz received an equity grant of 1,381 UMH shares on March 24, 2026 at a price of $14.26 per share, described as a stock award for directors. Following this award, she directly holds 15,784.78 UMH shares.

The filing also lists outstanding option-like derivative awards held directly by her over 11,000 underlying shares at an exercise price of $15.80 expiring on January 10, 2034, 10,000 shares at $14.36 expiring on March 21, 2033, 12,000 shares at $16.86 expiring on June 16, 2035, and 12,000 shares at $16.15 expiring on January 21, 2036.

Positive

  • None.

Negative

  • None.

Insights

Routine director stock award with sizable remaining option position.

Director Amy Lynn Butewicz received a grant of 1,381 UMH shares at $14.26 as a stock award for directors. This is a compensation-related acquisition (code A), not an open-market purchase, so it carries limited signaling value about her view of the stock.

After the award, she directly holds 15,784.78 shares, and the filing shows multiple option-style awards over 10,000–12,000 underlying shares each, with exercise prices between $14.36 and $16.86 expiring from 2033 to 2036. These derivative positions indicate continued long-term equity exposure rather than a reduction in stake.

Since there are no sales, tax withholdings, or 10b5-1 trading plan references in the provided data, this looks like standard director compensation. From an investment thesis perspective, it is a routine governance and pay disclosure rather than a materially impactful trading event.

Insider BUTEWICZ AMY LYNN
Role Director
Type Security Shares Price Value
Grant/Award UMH Properties, Inc. 1,381 $14.26 $20K
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. -- -- --
holding UMH Properties, Inc. -- -- --
Holdings After Transaction: UMH Properties, Inc. — 15,784.78 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
BUTEWICZ AMY LYNN

(Last)(First)(Middle)
3499 ROUTE 9 NORTH, 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026
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.03/24/2026A1,381(1)A$14.2615,784.78D
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.$15.801/10/202501/10/2034UMH Properties, Inc.11,00011,000D
UMH Properties, Inc.$14.3603/21/202403/21/2033UMH Properties, Inc.10,00010,000D
UMH Properties, Inc.$16.8606/16/202606/16/2035UMH Properties, Inc.12,00012,000D
UMH Properties, Inc.$16.1501/21/202701/21/2036UMH Properties, Inc.12,00012,000D
Explanation of Responses:
1. Stock award for Directors.
Nelli Madden03/26/2026
** 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)

FAQ

What insider transaction did UMH (UMH) director Amy Lynn Butewicz report?

Director Amy Lynn Butewicz reported receiving a stock award of 1,381 UMH shares at $14.26 per share. The award is classified as a grant or other acquisition, reflecting routine equity compensation for directors rather than an open-market share purchase or sale.

How many UMH (UMH) shares does director Amy Lynn Butewicz hold after this Form 4?

After the March 24, 2026 award, Amy Lynn Butewicz directly holds 15,784.78 UMH shares. This total reflects her updated non-derivative ownership position following the 1,381-share director stock award disclosed in the Form 4 filing.

Was the UMH (UMH) insider transaction an open-market buy or a stock award?

The transaction was a stock award, not an open-market buy. The Form 4 uses transaction code A and a footnote describing it as a stock award for directors, indicating compensation-related share issuance rather than discretionary market purchasing.

Did the UMH (UMH) Form 4 show any insider selling or share disposals?

No insider selling or share disposals appear in the provided data. The Form 4 reflects one acquisition via a director stock award and several existing option-like derivative holdings, with no reported sales, gifts, or tax-withholding dispositions.

What does transaction code A mean in the UMH (UMH) Form 4 filing?

Transaction code A indicates a grant, award, or other acquisition of shares. In this UMH filing, it represents a stock award for directors, meaning the insider received 1,381 shares as part of director compensation rather than through an open-market transaction.