Form 4: UMH Properties Director Michael P. Landy Reports Share and Derivative Holdings

Director Michael P. Landy of UMH Properties, Inc. has filed a Form 4 detailing changes in his beneficial ownership of company stock and derivative securities.

Summary

• Michael P. Landy, a director at UMH Properties, Inc., reported changes in his beneficial ownership of the company's securities.
• The report includes direct holdings of 347,642.59 shares and indirect holdings of 62,698.64 shares through a daughter's account, 18,310.2 shares through a son's account, and 48,000 shares through the EWL Grandchildren Fund LLC.
• These holdings include shares acquired through dividend reinvestment on December 16, 2024.
• The report also details direct holdings of 11,000 derivative securities with an exercise price of $15.80, expiring on January 10, 2034, and 10,000 derivative securities with an exercise price of $14.36, expiring on March 21, 2033.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a factual report of transactions.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, which is a standard practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for directors and officers of publicly traded companies in the United States.
• The reported transactions are typical for directors who may receive shares through compensation or dividend reinvestment programs.
• The derivative holdings are also common, often used as part of executive compensation packages.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key company director.
• The information is relevant for investors tracking insider transactions.

Key Dates

Keywords

UMH Properties, Form 4, Beneficial Ownership, Michael P. Landy, Director, Derivative Securities, Dividend Reinvestment, Share Holdings