Form 4: UMH Properties Director, Jeffrey Carus, Reports Stock Acquisition
SEC Form 4 Filing
Director Jeffrey Carus reports acquiring 831 shares of UMH Properties, Inc. stock on January 7, 2025, at a price of $18.20 per share.
Summary
- On January 7, 2025, Jeffrey A. Carus, a director of UMH Properties, Inc., acquired 831 shares of the company's common stock at $18.20 per share.
- Following this transaction, Carus directly owns 25,350.72 shares of UMH Properties, Inc.
- Carus also indirectly owns 586.91 shares through a custodial account for his son, Daniel, and 429.38 shares through a custodial account for his son, Ethan.
- Additionally, Carus directly owns 500 shares of UMH Properties, Inc. preferred stock.
- Carus also holds derivative securities, including 11,000 shares exercisable at $15.80 expiring on January 10, 2034, and 10,000 shares exercisable at $14.36 expiring on March 21, 2033.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company director; it doesn't inherently convey strong positive or negative sentiment.
Positives
- The director's stock purchase could be interpreted as a positive signal about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date exercisable for 10,000 derivative securities at $14.36 |
| 01/07/2025 | Date of stock acquisition of 831 shares at $18.20 per share. |
| 01/08/2025 | Date of signature on the report. |
| 01/10/2025 | Date exercisable for 11,000 derivative securities at $15.80 |
| 03/21/2033 | Expiration date for 10,000 derivative securities at $14.36 |
| 01/10/2034 | Expiration date for 11,000 derivative securities at $15.80 |
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