Form 4: UMH Properties EVP & CFO Boosts Stake via Dividend Reinvestment
Insider Ownership Report
UMH Properties' Executive Vice President and CFO, Anna T. Chew, increased her beneficial ownership of company shares through dividend reinvestment.
Summary
- Anna T. Chew, Executive Vice President and Chief Financial Officer of UMH Properties, Inc., reported her beneficial ownership of company securities.
- She directly owns 1,121,577.19 shares of UMH Properties, Inc. common stock.
- This total includes 4,051.29 shares acquired through dividend reinvestment on December 15, 2025.
- It also includes 54,839 shares held in a 401(k) as of December 31, 2025.
- Additionally, she holds various derivative securities (stock options) totaling 444,000 underlying shares, with exercise prices ranging from $9.70 to $23.81.
- These stock options have expiration dates spanning from April 4, 2027, to June 16, 2035.
Sentiment
Score: 6
Explanation: Slightly positive due to an insider increasing their stake through dividend reinvestment, indicating continued confidence in the company's long-term prospects.
Positives
- EVP and CFO Anna T. Chew increased her direct beneficial ownership of UMH Properties, Inc. shares by 4,051.29 shares through dividend reinvestment on December 15, 2025, indicating continued confidence in the company.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of insider ownership changes, specifically an increase in shares through dividend reinvestment. It reflects an executive's ongoing stake in the company and is a standard regulatory requirement for publicly traded companies. It does not provide broader industry context or specific industry trends.
Stakeholder Impact
- Shareholders may view the EVP and CFO's increased stake through dividend reinvestment as a positive signal of management's alignment with shareholder interests and confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 01/19/2018 | Date exercisable for 10,000 derivative securities with an exercise price of $14.25, expiring 01/19/2027. |
| 04/04/2018 | Date exercisable for 50,000 derivative securities with an exercise price of $15.04, expiring 04/04/2027. |
| 04/02/2020 | Date exercisable for 50,000 derivative securities with an exercise price of $13.90, expiring 04/02/2029. |
| 03/25/2021 | Date exercisable for 20,000 derivative securities with an exercise price of $9.70, expiring 03/25/2030. |
| 07/14/2022 | Date exercisable for 50,000 derivative securities with an exercise price of $22.57, expiring 07/14/2031. |
| 03/28/2023 | Date exercisable for 39,000 derivative securities with an exercise price of $23.81, expiring 03/28/2032. |
| 03/21/2024 | Date exercisable for 75,000 derivative securities with an exercise price of $14.36, expiring 03/21/2033. |
| 03/26/2025 | Date exercisable for 50,000 derivative securities with an exercise price of $15.66, expiring 03/26/2034. |
| 12/15/2025 | Date of earliest transaction reported, related to acquisition of 4,051.29 shares through dividend reinvestment. |
| 12/31/2025 | Date as of which 54,839 shares were held in 401(k). |
| 01/09/2026 | Signature date of the reporting person. |
| 06/16/2026 | Date exercisable for 50,000 derivative securities with an exercise price of $16.86, expiring 06/16/2035. |
Recommendation
holdThe filing is a routine insider ownership disclosure showing a minor increase in shares through dividend reinvestment by a key executive. While this indicates continued confidence, it does not present new material information significant enough to warrant a change from a 'hold' position based solely on this filing. Investors should consider broader company fundamentals and market conditions.
Keywords
UMH Properties, UMH, Anna T. Chew, Form 4, Insider Ownership, Dividend Reinvestment, Stock Options, Executive Compensation, Beneficial Ownership
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