UMH Properties (UMH) director granted 1,381-share equity award, holds options
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 Trade Summary
| 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. | -- | -- | -- |
Footnotes (1)
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