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UMH Properties: Daniel O. Landy exercises 2,500 options

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Form Type
4

Rhea-AI Filing Summary

UMH Properties, Inc. reported that Daniel O. Landy, EVP and President of OZ Fund, exercised 2,500 stock options on November 12, 2026, at a $9.70 exercise price, acquiring 2,500 UMH shares. Reported indirect holdings include 53,194 shares through The Landy 2022 Family Trust, 37,903 through Juniper Plaza Associates, LTD., 16,220 through Samuel Landy Family LTD Partnership, and 24,670 UMH shares plus 900 Preferred D shares through Windsor Industrial Park Associates, LTD. Direct option holdings also include options for 75,000 underlying shares at a $15.66 exercise price, expiring March 26, 2034.

Insider LANDY DANIEL O.
Role Insider
Type Security Shares Price Value
Exercise UMH Properties, Inc. F1 2,500 $9.70 $24K
Exercise UMH Properties, Inc. F1 2,500 $9.70 $24K
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Holding UMH Properties, Inc. -- -- --
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Holding UMH Properties, Inc. -- -- --
Holding UMH Properties, Inc. -- -- --
Holding UMH Properties, Inc. (Preferred D) -- -- --
Holdings After Transaction: UMH Properties, Inc. — 624,960, with 589,100 underlying shares of UMH Properties, Inc. (Direct); UMH Properties, Inc. — 137,801.82 shares (Direct); UMH Properties, Inc. — 53,194.49 shares (Indirect, The Landy 2022 Family Trust); UMH Properties, Inc. — 37,903 shares (Indirect, Juniper Plaza Associates, LTD.); UMH Properties, Inc. — 16,220 shares (Indirect, Samuel Landy Family LTD Partnership); UMH Properties, Inc. — 24,670 shares (Indirect, Windsor Industrial Park Associates, LTD.); UMH Properties, Inc. (Preferred D) — 900 shares (Indirect, Windsor Industrial Park Associates, LTD.)
Holdings Before and After: UMH Properties, Inc., 627,460 to 624,960 (Direct); UMH Properties, Inc., 135,301.82 to 137,801.82 shares (Direct)
Footnotes (1)
  1. F1. Exercise of stock options.
Stock options exercised 2,500 options November 12, 2026
Shares acquired 2,500 shares Through option exercise on November 12, 2026
Exercise price $9.70 per share Option exercise on November 12, 2026
Indirect UMH shares 53,194 shares Held through The Landy 2022 Family Trust as of November 12, 2026
Indirect UMH shares 37,903 shares Held through Juniper Plaza Associates, LTD. as of November 12, 2026
Indirect UMH shares 16,220 shares Held through Samuel Landy Family LTD Partnership as of November 12, 2026
Indirect UMH shares 24,670 shares Held through Windsor Industrial Park Associates, LTD. as of November 12, 2026
Remaining direct option position 75,000 underlying shares At a $15.66 exercise price; expires March 26, 2034
stock options financial
"Exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"Options exercised at a $9.70 exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

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How many UMH shares did Daniel O. Landy acquire through option exercise?

Daniel O. Landy acquired 2,500 UMH shares by exercising 2,500 stock options on November 12, 2026, at a $9.70 exercise price per share.

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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*
LANDY DANIEL O.

(Last)(First)(Middle)
3499 US HIGHWAY 9
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)
Director10% Owner
Officer (give title below)XOther (specify below)
EVP and President of OZ Fund
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/12/2026
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.11/12/2026M2,500(1)A$9.7137,801.82D
UMH Properties, Inc.53,194.49IThe Landy 2022 Family Trust
UMH Properties, Inc.37,903IJuniper Plaza Associates, LTD.
UMH Properties, Inc.16,220ISamuel Landy Family LTD Partnership
UMH Properties, Inc.24,670IWindsor Industrial Park Associates, LTD.
UMH Properties, Inc. (Preferred D)900IWindsor Industrial Park Associates, LTD.
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.$15.6603/26/202503/26/2034UMH Properties, Inc.75,00075,000D
UMH Properties, Inc.$14.3603/21/202403/21/2033UMH Properties, Inc.75,00075,000D
UMH Properties, Inc.$23.8102/08/202303/28/2032UMH Properties, Inc.78,10078,100D
UMH Properties, Inc.$22.5707/14/202207/14/2031UMH Properties, Inc.100,000100,000D
UMH Properties, Inc.$9.711/12/2026M2,500(1)03/25/202103/25/2030UMH Properties, Inc.38,360$9.735,860D
UMH Properties, Inc.$13.904/02/202004/02/2029UMH Properties, Inc.100,000100,000D
UMH Properties, Inc.$12.9412/10/201912/10/2028UMH Properties, Inc.25,00025,000D
UMH Properties, Inc.$15.7507/09/201907/09/2028UMH Properties, Inc.10,00010,000D
UMH Properties, Inc.$13.0904/02/201904/02/2028UMH Properties, Inc.1,0001,000D
UMH Properties, Inc.$16.8606/16/202606/16/2035UMH Properties, Inc.50,00050,000D
UMH Properties, Inc.$15.208/05/202708/05/2036UMH Properties, Inc.75,00075,000D
Explanation of Responses:
1. Exercise of stock options.
Nelli Madden11/12/2026
** 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)

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