Form 4: UMH Properties EVP and COO, Brett Taft, Reports Changes in Beneficial Ownership
SEC Form 4
Brett Taft, EVP and COO of UMH Properties, reported changes in beneficial ownership of company stock, including shares acquired through dividend reinvestment and holdings in a 401(k).
Summary
- On April 17, 2024, Brett Taft, the EVP and COO of UMH Properties, filed a Form 4 with the SEC.
- The filing reports changes in his beneficial ownership of UMH Properties stock.
- As of March 15, 2024, Taft directly owns 117,320.12 shares of UMH Properties, Inc.
- This includes 196.17 shares acquired through dividend reinvestment on March 15, 2024, and 6,910 shares held in a 401(k) as of the same date.
- Taft also holds derivative securities in the form of options to purchase UMH Properties stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership in a publicly traded company. It provides transparency to investors regarding the holdings of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive ownership.
Key Dates
| Date | Description |
|---|---|
| 03/25/2021 | Date exercisable for options to purchase 50,000 shares at $9.7 expiring on 03/25/2030 |
| 07/14/2022 | Date exercisable for options to purchase 50,000 shares at $22.57 expiring on 07/14/2031 |
| 03/28/2023 | Date exercisable for options to purchase 39,000 shares at $23.81 expiring on 03/28/2032 |
| 03/15/2024 | Date of dividend reinvestment and 401(k) holdings. |
| 03/26/2024 | Date exercisable for options to purchase 50,000 shares at $15.66 expiring on 03/26/2034 |
| 04/17/2024 | Date of Form 4 filing. |
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