Form 4: UMH Properties CEO Samuel Landy Updates Beneficial Ownership in Latest SEC Form 4 Filing
Insider Ownership Update
UMH Properties, Inc. President and CEO Samuel A. Landy has filed an updated Form 4, detailing his direct and indirect beneficial ownership of company shares and derivative securities, including recent dividend reinvestments.
Summary
- Samuel A. Landy, who serves as President and CEO, Director, and a 10% Owner of UMH Properties, Inc. (UMH), has filed a Form 4 statement with the SEC.
- The filing reports his beneficial ownership of UMH common stock and derivative securities, with the earliest transaction date being June 16, 2025, and holdings reported as of June 30, 2025.
- Landy directly owns 1,146,982.87 shares of UMH Properties, Inc. This total includes 4,739.79 shares acquired through dividend reinvestment on June 16, 2025, and 95,734 shares held in a 401(k) as of June 30, 2025.
- Indirect holdings include 12,068.99 shares held by his spouse (including 26.11 shares from dividend reinvestment on June 16, 2025), 41,317.15 shares held jointly with his spouse (including 18.79 shares from dividend reinvestment on June 16, 2025), and 49,295.19 shares held by The Landy 2022 Family Trust (including 673.23 shares from dividend reinvestment on June 16, 2025).
- Additionally, Landy indirectly holds 48,000 shares as Co-Manager of EWL Grandchildren Fund LLC.
- Landy also beneficially owns 179,500 derivative securities in the form of stock options, with exercise prices ranging from $13.09 to $15.04 per share and expiration dates between 2027 and 2033.
Sentiment
Score: 6
Explanation: The filing indicates continued significant insider ownership and dividend reinvestment, which is generally a positive signal of management's confidence, but it is a routine disclosure without new strategic or financial performance information.
Positives
- Continued significant insider ownership by President and CEO Samuel A. Landy, demonstrating strong alignment with shareholder interests.
- The acquisition of shares through dividend reinvestment indicates a long-term holding strategy and confidence in the company's ongoing performance and dividend policy.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency on insider holdings, potentially signaling management's confidence in the company's long-term prospects due to continued ownership and dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 01/19/2018 | Date exercisable for 50,000 stock options with an exercise price of $14.25. |
| 04/04/2018 | Date exercisable for 50,000 stock options with an exercise price of $15.04. |
| 04/02/2019 | Date exercisable for 50,000 stock options with an exercise price of $13.09. |
| 03/21/2024 | Date exercisable for 29,500 stock options with an exercise price of $14.36. |
| 06/16/2025 | Date of dividend reinvestment for various shareholdings. |
| 06/30/2025 | Date as of which 401(k) shares are held and the signature date of the filing. |
| 01/19/2027 | Expiration date for 50,000 stock options with an exercise price of $14.25. |
| 04/04/2027 | Expiration date for 50,000 stock options with an exercise price of $15.04. |
| 04/02/2028 | Expiration date for 50,000 stock options with an exercise price of $13.09. |
| 03/21/2033 | Expiration date for 29,500 stock options with an exercise price of $14.36. |
Keywords
UMH Properties Inc., UMH, Samuel A. Landy, SEC Form 4, Beneficial Ownership, Insider Holdings, Stock Options, Dividend Reinvestment, Executive Compensation
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