Form 4: UMH Properties EVP Craig Koster Exercises Stock Options
SEC Form 4 Filing
Craig Koster, EVP and General Counsel of UMH Properties, Inc., exercised stock options for 4,500 shares at a price of $9.77 on March 5, 2024.
Summary
- On March 5, 2024, Craig Koster, the EVP and General Counsel of UMH Properties, Inc., exercised stock options to acquire 4,500 shares of UMH Properties, Inc.
- The transaction was executed at a price of $9.77 per share.
- Following the transaction, Koster directly owns 76,589.59 shares of UMH Properties, Inc. common stock and 337.002 shares of preferred stock.
- Koster also holds derivative securities in the form of options to purchase UMH Properties, Inc. stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Positives
- The exercise of stock options by an executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/25/2021 | Options exercisable from this date expire 03/25/2030 at $9.70 |
| 01/02/2020 | Options exercisable from this date expire 01/02/2029 at $11.42 |
| 04/02/2019 | Options exercisable from this date expire 04/02/2028 at $13.09 |
| 04/04/2018 | Options exercisable from this date expire 04/04/2027 at $15.04 |
| 04/05/2017 | Options exercisable from this date expire 04/05/2024 at $9.77 |
| 07/14/2022 | Options exercisable from this date expire 07/14/2031 at $22.57 |
| 03/28/2023 | Options exercisable from this date expire 03/28/2032 at $23.81 |
| 03/05/2024 | Date of transaction: Craig Koster exercised stock options. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
| 03/21/2024 | Options exercisable from this date expire 03/21/2033 at $14.36 |
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