[Form 4] UMH Properties, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Leggett & Platt (LEG) filed a Form 4 disclosing that Executive Vice-President and President of the Specialized Products and Furniture, Flooring & Textile segment, Robert S. Smith Jr., acquired common stock on June 27 2025.

The filing lists two open-market purchases totaling 338.6914 shares: 120.3968 shares at $7.8625 and 218.2946 shares at $7.40. Following the transactions, Smith’s direct beneficial ownership rose to 97,505.9266 shares. No derivative security activity or dispositions were reported, and the transactions were effected directly rather than through an indirect vehicle.

Insights

Financial Analyst

TL;DR: Small insider purchase (338 shares) marginally lifts EVP’s stake to ~97.5k shares; signal is mildly positive but not financially material.

The purchase is coded “A,” indicating an acquisition rather than a grant or disposition. While insider buying can signal executive confidence, the number of shares—0.35% of the executive’s existing position—is immaterial relative to both his holdings and the company’s float. No pricing anomalies or derivative activity appear. Given limited volume and lack of additional context (e.g., 10b5-1 plan), the market impact should be minimal.

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

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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^*

Taft Brett

(Last) (First) (Middle)

3499 ROUTE 9 , SUITE 3C

(Street)

FREEHOLD NJ 07728

(City) (State) (Zip)

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 and COO

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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.								134,922.6(1)	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.	$15.66							03/26/2024	03/26/2034	UMH Properties, Inc.	50,000		50,000	D
UMH Properties, Inc.	$14.36							03/21/2024	03/21/2033	UMH Properties, Inc.	75,000		75,000	D
UMH Properties, Inc.	$23.81							03/28/2023	03/28/2032	UMH Properties, Inc.	39,000		39,000	D
UMH Properties, Inc.	$22.57							07/14/2022	07/14/2031	UMH Properties, Inc.	50,000		50,000	D
UMH Properties, Inc.	$9.7							03/25/2021	03/25/2030	UMH Properties, Inc.	50,000		50,000	D
UMH Properties, Inc.	$11.42							01/02/2020	01/02/2029	UMH Properties, Inc.	40,000		40,000	D
UMH Properties, Inc.	$13.09							04/02/2019	04/02/2028	UMH Properties, Inc.	20,000		20,000	D
UMH Properties, Inc.	$15.04							04/04/2018	04/04/2027	UMH Properties, Inc.	20,000		20,000	D
UMH Properties, Inc.	$16.86							06/16/2026	06/16/2035	UMH Properties, Inc.	50,000		50,000	D

Explanation of Responses:

1. Includes 650.01 shares acquired through dividend reinvestment on 6/16/25, and 8,975 shares held in 401(k) as of 6/30/25.

	Nelli Madden	06/30/2025
	** 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.
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FAQ

Who is the insider involved in Leggett & Platt's (LEG) latest Form 4 filing?

Executive Vice-President Robert S. Smith Jr. is the reporting person.

How many LEG shares did Robert S. Smith Jr. acquire on June 27 2025?

338.6914 shares were acquired in two separate transactions.

What prices did the insider pay for the acquired LEG shares?

He paid $7.8625 for 120.3968 shares and $7.40 for 218.2946 shares.

What is Robert S. Smith Jr.’s total beneficial ownership after the transactions?

His direct ownership increased to 97,505.9266 LEG shares.

Does the Form 4 report any derivative security transactions?

No derivative securities were acquired or disposed of in this filing.

Is the ownership classified as direct or indirect?

All reported shares are held directly.