Form 4: UMH Properties Director Sells 1,800 Shares
SEC Form 4 Filing
Amy Lynn Butewicz, a director at UMH Properties, sold 1,800 shares of the company's stock at a price of $19.84 per share on December 6, 2024.
Summary
- Amy Lynn Butewicz, a director at UMH Properties, sold 1,800 shares of the company's stock on December 6, 2024.
- The sale price was $19.84 per share.
- Following the transaction, Ms. Butewicz directly owns 10,730.95 shares of UMH Properties.
- Ms. Butewicz also holds derivative securities, including options to purchase 11,000 shares at $15.80 exercisable on January 10, 2025, and 10,000 shares at $14.36 exercisable on March 21, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale of 1,800 shares by a director is a relatively small transaction compared to the overall trading volume of UMH Properties.
- The option holdings are typical for executive compensation packages in the real estate industry.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but the transaction is relatively small.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date that options to purchase 10,000 shares at $14.36 become exercisable. |
| 12/06/2024 | Date of the stock sale by Amy Lynn Butewicz. |
| 01/10/2025 | Date that options to purchase 11,000 shares at $15.80 become exercisable. |
Keywords
UMH Properties, insider trading, stock sale, director, Form 4, equity securities, derivative securities, options
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