Form 4: UMH Properties Director Amy Lynn Butewicz Reports Stock Acquisition

Amy Lynn Butewicz, a director of UMH Properties, acquired 966 shares of company stock at $15.66 per share on March 26, 2024, bringing her total direct holdings to 10,369.24 shares.

Summary

• On March 26, 2024, Amy Lynn Butewicz, a director of UMH Properties, Inc., acquired 966 shares of the company's stock at a price of $15.66 per share.
• This transaction increased her direct ownership to 10,369.24 shares.
• Butewicz also holds derivative securities, including options to purchase 11,000 shares exercisable from January 10, 2025, to January 10, 2034, at an exercise price of $15.80, and options to purchase 10,000 shares exercisable from March 21, 2024, to March 21, 2033, at an exercise price of $14.36.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

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 transaction could have a minor positive impact on shareholder sentiment.

Key Dates