Form 4: UMH Properties EVP Craig Koster Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Craig Koster, EVP and General Counsel of UMH Properties, reports changes in beneficial ownership of company stock, including shares acquired through dividend reinvestment and holdings in a 401(k).
Summary
- Craig Koster, the EVP and General Counsel of UMH Properties, filed a Form 4 detailing changes in his beneficial ownership of UMH Properties stock.
- The reported transactions include shares acquired through dividend reinvestment on September 16, 2024, and shares held in a 401(k) as of the same date.
- Koster directly owns 107,026.34 shares of UMH Properties, Inc. common stock and 337.002 shares of preferred stock.
- He also holds options to purchase a total of 324,000 shares of UMH Properties, Inc. common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in beneficial ownership.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions in the company's stock. This filing is specific to UMH Properties and doesn't provide broader industry context.
Key Dates
| Date | Description |
|---|---|
| 01/02/2020 | Date exercisable for options on 20,000 shares at $11.42, expiring 01/02/2029 |
| 03/25/2021 | Date exercisable for options on 30,000 shares at $9.70, expiring 03/25/2030 |
| 07/14/2022 | Date exercisable for options on 50,000 shares at $22.57, expiring 07/14/2031 |
| 03/28/2023 | Date exercisable for options on 39,000 shares at $23.81, expiring 03/28/2032 |
| 03/21/2024 | Date exercisable for options on 75,000 shares at $14.36, expiring 03/21/2033 |
| 09/16/2024 | Date of dividend reinvestment acquiring 1,061.56 shares; also date of 401(k) holdings of 8,993 shares |
| 09/16/2024 | Date of earliest transaction reported |
| 03/26/2025 | Date exercisable for options on 50,000 shares at $15.66, expiring 03/26/2034 |
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