UMH Properties (NYSE: UMH) awards 100,000 stock options to chairman Landy
Rhea-AI Filing Summary
UMH Properties, Inc. reports that Chairman Eugene W. Landy received a grant of stock options covering 100,000 shares of UMH Properties, Inc. on 2026-08-05 at an exercise price of 15.2000, expiring on 2036-08-05. According to the accompanying footnote, this option vests over five years in equal 20,000-share installments on 8/05/2027, 8/05/2028, 8/05/2029, 8/05/2030 and 8/05/2031. The filing also lists existing option awards with exercise prices between 9.7000 and 22.5700 and indirect holdings of common stock through related entities, including 112,849 shares held by The Sheltered Family Trust and 154,380 shares held by the Eugene W. and Gloria Landy Family Foundation.
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Insights
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Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
LANDY EUGENE W
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | UMH Properties, Inc. F1 | 100,000 | $15.20 | $1.52M |
| 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. | -- | -- | -- |
Holdings After Transaction:
UMH Properties, Inc. — 1,931,897.9 shares (Direct);
UMH Properties, Inc. — 112,849 shares (Indirect, The Sheltered Family Trust);
UMH Properties, Inc. — 154,380 shares (Indirect, Eugene W. and Gloria Landy Family Foundation);
UMH Properties, Inc. — 33,561.288 shares (Indirect, Landy & Landy Employees' Pension Plan);
UMH Properties, Inc. — 42,912.51 shares (Indirect, Landy & Landy Employees' Profit Sharing Plan)
Footnotes (1)
- F1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 20,000 shares vesting on 8/05/2027; 20,000 shares vesting on 8/05/2028; 20,000 shares vesting on 8/05/2029; 20,000 shares vesting on 8/05/2030; and 20,000 shares vesting on 8/05/2031.
Key Figures
Stock options granted: 100000.0000 shares
Exercise price (new grant): 15.2000
Option expiration (new grant): 2036-08-05
+4 more
7 metrics
Stock options granted
100000.0000 shares
Underlying shares for options granted to Eugene W. Landy on 2026-08-05
Exercise price (new grant)
15.2000
Exercise price per share for options granted on 2026-08-05
Option expiration (new grant)
2036-08-05
Expiration date for stock options granted to Eugene W. Landy
First vesting tranche
20000 shares
Portion of the 100,000-share option vesting on 8/05/2027 per footnote F1
Existing option exercise price
15.6600
Exercise price for an existing option expiring 2034-03-26 on 100000.0000 underlying shares
Indirect shares – The Sheltered Family Trust
112849.0000 shares
Indirect common stock holdings reported as of 2026-08-05
Indirect shares – Family Foundation
154380.0000 shares
Indirect holdings via Eugene W. and Gloria Landy Family Foundation as of 2026-08-05
Key Terms
stock option, vest, exercise date, expiration date, +1 more
5 terms
stock option financial
"This stock option 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.
vest financial
"will vest over the next five years, 20% per year on each anniversary date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise date financial
"exercise_date": "2027-08-05""
expiration date financial
"expiration_date": "2036-08-05""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
indirect financial
"ownership_type": "indirect""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock options were granted to UMH (UMH) chairman Eugene W. Landy?
Chairman Eugene W. Landy received stock options on 100,000 shares of UMH Properties, Inc. at an exercise price of 15.2000 per share. The options were granted on 2026-08-05 and are scheduled to expire on 2036-08-05, subject to the vesting schedule.
What is the vesting schedule for Eugene W. Landy’s new UMH (UMH) option grant?
The new stock option will vest over five years, 20% per year. Footnote F1 states that 20,000 shares vest on each of these dates: 8/05/2027, 8/05/2028, 8/05/2029, 8/05/2030, and 8/05/2031, until the full 100,000 shares are vested.
What are the key terms of Eugene W. Landy’s existing UMH (UMH) option awards?
The filing lists several existing option awards with exercise prices from 9.7000 to 22.5700 and expiration dates between 2027-04-04 and 2035-06-16, each covering 75,000 or 100,000 underlying shares of UMH Properties, Inc., all reported as directly owned derivatives.
Was Eugene W. Landy’s UMH (UMH) option grant reported under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not marked as affirming a plan-based transaction, and footnote F1 only describes the vesting schedule. The disclosure does not indicate that this specific option grant was executed under a Rule 10b5-1 plan.