Form 4: UMH Properties CEO Samuel Landy Gifts Shares
SEC Form 4 Filing
Samuel Landy, CEO of UMH Properties, reports a gift transfer of 5,522 shares of UMH Properties, Inc. stock.
Summary
- On September 6, 2024, Samuel A. Landy, the President and CEO of UMH Properties, Inc., gifted 5,522 shares of UMH Properties, Inc.
- stock.
- The transaction was a gift transfer.
- Following the transaction, Landy directly owns 1,150,484.99 shares.
- Landy also indirectly owns shares through his spouse (11,000.45 shares), jointly with his spouse (44,185.8 shares), The Landy 2022 Family Trust (46,954.01 shares), and as co-manager of EWL Grandchildren Fund LLC (48,000 shares).
- Landy also owns derivative securities in the form of options to purchase UMH Properties, Inc. stock.
- These options have various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The gift transfer may have a minor impact on shareholders, as it represents a change in the CEO's holdings.
- The impact is likely to be minimal given the size of the transaction relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/04/2018 | Date of exercisable and expiration of UMH Properties, Inc. options at $15.04. |
| 01/19/2018 | Date of exercisable and expiration of UMH Properties, Inc. options at $14.25. |
| 04/02/2019 | Date of exercisable and expiration of UMH Properties, Inc. options at $13.09. |
| 03/21/2024 | Date of exercisable and expiration of UMH Properties, Inc. options at $14.36. |
| 09/06/2024 | Date of gift transfer of UMH Properties, Inc. stock. |
| 09/09/2024 | Date of signature on the Form 4 filing. |
| 01/19/2027 | Expiration date of UMH Properties, Inc. options at $14.25. |
| 04/04/2027 | Expiration date of UMH Properties, Inc. options at $15.04. |
| 04/02/2028 | Expiration date of UMH Properties, Inc. options at $13.09. |
| 03/21/2033 | Expiration date of UMH Properties, Inc. options at $14.36. |
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