Form 4: UMH Properties Director Stuart Levy Reports Changes in Beneficial Ownership

Director Stuart Levy reports changes in beneficial ownership of UMH Properties, Inc. shares, including acquisitions through dividend reinvestment.

Summary

• On July 2, 2024, Stuart Levy, a director of UMH Properties, Inc., filed a Form 4 to report changes in beneficial ownership.
• The report indicates that Mr. Levy directly owns 18,623.63 shares of UMH Properties, Inc.
• This includes 253.44 shares acquired through dividend reinvestment on June 17, 2024.
• Mr. Levy also holds 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 a director's transactions, with a slight positive leaning due to dividend reinvestment.

Positives

• The director's participation in the dividend reinvestment program indicates confidence in the company's future performance.

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