Form 4: UMH Properties Executive Craig Koster Reports Beneficial Ownership Changes
SEC Form 4 Filing
EVP and General Counsel of UMH Properties, Craig Koster, files Form 4 detailing changes in beneficial ownership of company stock and derivative securities.
Summary
- Craig Koster, EVP and General Counsel of UMH Properties, filed a Form 4 with the SEC on April 17, 2024.
- The form reports changes in his beneficial ownership of UMH Properties stock and derivative securities.
- As of March 15, 2024, Koster directly owns 103,577.25 shares of UMH Properties, Inc., including shares acquired through dividend reinvestment and holdings in a 401(k).
- He also directly owns 337.002 shares of UMH Properties, Inc. (Preferred D).
- The filing details ownership of derivative securities, specifically options to purchase UMH Properties 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 corporate governance, providing transparency into the trading activities of company insiders. This filing allows investors to track the ownership stake of key executives like Craig Koster.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership of UMH Properties by its executives.
Key Dates
| Date | Description |
|---|---|
| 01/02/2020 | Date exercisable for options on UMH Properties, Inc. expiring 01/02/2029 with an exercise price of $11.42 for 20,000 shares. |
| 03/25/2021 | Date exercisable for options on UMH Properties, Inc. expiring 03/25/2030 with an exercise price of $9.7 for 30,000 shares. |
| 07/14/2022 | Date exercisable for options on UMH Properties, Inc. expiring 07/14/2031 with an exercise price of $22.57 for 50,000 shares. |
| 03/28/2023 | Date exercisable for options on UMH Properties, Inc. expiring 03/28/2032 with an exercise price of $23.81 for 39,000 shares. |
| 03/15/2024 | Date of the earliest transaction reported; includes dividend reinvestment and 401(k) holdings. |
| 03/21/2024 | Date exercisable for options on UMH Properties, Inc. expiring 03/21/2033 with an exercise price of $14.36 for 75,000 shares. |
| 03/26/2025 | Date exercisable for options on UMH Properties, Inc. expiring 03/26/2034 with an exercise price of $15.66 for 50,000 shares. |
| 04/17/2024 | Date of the Form 4 filing. |
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