Form 4: UMH Properties Director Amy Lynn Butewicz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Amy Lynn Butewicz reports changes in beneficial ownership of UMH Properties, Inc. stock, including acquisitions through dividend reinvestment.
Summary
- On June 17, 2024, Amy Lynn Butewicz, a director of UMH Properties, Inc., reported changes in her beneficial ownership of the company's stock.
- The report includes the acquisition of 153 shares through dividend reinvestment.
- Butewicz directly owns 11,632.69 shares of UMH Properties, Inc. common stock following the reported transaction.
- She also holds derivative securities, including options to purchase 11,000 shares exercisable between January 10, 2025, and January 10, 2034, with an exercise price of $15.80.
- Additionally, she holds options to purchase 10,000 shares exercisable between March 21, 2024, and March 21, 2033, with an exercise price of $14.36.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing showing a director's transactions, with a slight positive leaning due to the dividend reinvestment indicating confidence.
Positives
- The director's continued ownership and acquisition of shares through dividend reinvestment could be seen as a positive sign of confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the director's ongoing investment in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Options for 10,000 shares exercisable between March 21, 2024, and March 21, 2033, with an exercise price of $14.36. |
| 06/17/2024 | Date of the reported transaction, including dividend reinvestment. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
| 01/10/2025 | Options for 11,000 shares exercisable between January 10, 2025, and January 10, 2034, with an exercise price of $15.80. |
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