Form 4: UMH Properties Director Matthew Hirsch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Matthew Hirsch reports changes in beneficial ownership of UMH Properties, including shares acquired through dividend reinvestment.
Summary
- On April 10, 2025, Matthew I. Hirsch, a director of UMH Properties, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates that Hirsch directly owns 53,419.82 shares of UMH Properties, Inc.
- Additionally, he indirectly owns 5,404.8 shares through his spouse.
- These totals include 497.78 and 54.38 shares respectively, acquired through dividend reinvestment on March 17, 2025.
- Hirsch also directly owns derivative securities, specifically options to purchase 11,000 shares at $15.80, exercisable between January 10, 2025, and January 10, 2034, and options to purchase 10,000 shares at $14.36, exercisable between March 21, 2024, and March 21, 2033.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing showing changes in ownership, with a slight positive leaning due to the director's continued investment through dividend reinvestment.
Positives
- The director's continued stock ownership, including 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 trading activities of company insiders. This filing indicates the director's continued investment in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date from which options to purchase 10,000 shares at $14.36 are exercisable. |
| 03/17/2025 | Date of dividend reinvestment resulting in the acquisition of additional shares. |
| 01/10/2025 | Date from which options to purchase 11,000 shares at $15.80 are exercisable. |
| 04/10/2025 | Date of Form 4 filing. |
| 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
beneficial ownership, Form 4, UMH Properties, director, Matthew Hirsch, dividend reinvestment, options, securities
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