Form 4: UMH Properties Director, Jeffrey A. Carus, Reports Stock Transactions
SEC Form 4 Filing
Director Jeffrey A. Carus of UMH Properties, Inc. reported transactions involving the company's stock, including acquisitions through dividend reinvestment and holdings in custodial accounts.
Summary
- Jeffrey A. Carus, a director at UMH Properties, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- The transactions include the acquisition of shares through dividend reinvestment on December 16, 2024.
- Carus also holds shares indirectly through custodial accounts for his sons, Daniel and Ethan.
- Additionally, Carus owns preferred stock and derivative securities, including options with various exercise prices and expiration dates.
- The report details the number of shares and derivative securities owned directly and indirectly by Carus.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is a common practice in publicly traded companies. It provides transparency into the trading activities of insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for directors and officers of publicly traded companies in the United States.
- The reported transactions are typical for directors who may receive stock options or participate in dividend reinvestment programs.
- The level of detail provided in the filing is consistent with SEC requirements for insider trading disclosures.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
- The transactions do not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date options to purchase 10,000 shares at $14.36 become exercisable. |
| 12/16/2024 | Date of dividend reinvestment resulting in the acquisition of additional shares. |
| 12/27/2024 | Date the Form 4 was signed. |
| 01/10/2025 | Date options to purchase 11,000 shares at $15.80 become exercisable. |
| 03/21/2033 | Expiration date for options to purchase 10,000 shares at $14.36. |
| 01/10/2034 | Expiration date for options to purchase 11,000 shares at $15.80. |
Keywords
UMH Properties, Form 4, Beneficial Ownership, Director, Stock Transactions, Dividend Reinvestment, Derivative Securities, Options, Custodial Account
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