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. securities, including acquisitions through dividend reinvestment.
Summary
- On March 15, 2024, Amy Lynn Butewicz, a director of UMH Properties, Inc., reported changes in her beneficial ownership of the company's securities.
- The changes include the acquisition of 127.45 shares through dividend reinvestment.
- Butewicz directly owns 10,496.69 shares of UMH Properties, Inc.
- Butewicz also holds derivative securities including 11,000 shares exercisable 01/10/2025 expiring 01/10/2034 with an exercise price of $15.80 and 10,000 shares exercisable 03/21/2024 expiring 03/21/2033 with an exercise price of $14.36.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The director's participation in the dividend reinvestment program indicates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's investment activity in the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of earliest transaction (dividend reinvestment). |
| 04/12/2024 | Date of Form 4 filing. |
| 01/10/2025 | Date options for 11,000 shares become exercisable. |
| 03/21/2024 | Date options for 10,000 shares become exercisable. |
| 01/10/2034 | Expiration date for options on 11,000 shares. |
| 03/21/2033 | Expiration date for options on 10,000 shares. |
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