Form 4: UMH Properties Executive Updates Beneficial Ownership
SEC Form 4 Filing
Daniel O. Landy, EVP and President of OZ Fund at UMH Properties, reports changes in beneficial ownership of company stock.
Summary
- Daniel O. Landy, an executive at UMH Properties, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report includes both direct and indirect holdings of UMH Properties, Inc. stock.
- Landy directly owns 85,521.81 shares, including shares acquired through dividend reinvestment and holdings in a 401(k).
- He also indirectly owns shares through The Landy 2022 Family Trust (47,471.71 shares), Juniper Plaza Associates, LTD. (37,903 shares), Samuel Landy Family LTD Partnership (16,220 shares), and Windsor Industrial Park Associates, LTD. (24,670 shares).
- Additionally, Landy indirectly owns 900 preferred shares through Windsor Industrial Park Associates, LTD.
- The report also details Landy's ownership of derivative securities, including options to purchase UMH Properties, Inc. stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a neutral report on changes in beneficial ownership, with no inherent positive or negative implications.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/25/2021 | Options for 71,760 shares at $9.7 exercisable, expiring 03/25/2030 |
| 07/14/2022 | Options for 100,000 shares at $22.57 exercisable, expiring 07/14/2031 |
| 02/08/2023 | Options for 78,100 shares at $23.81 exercisable, expiring 03/28/2032 |
| 03/21/2024 | Options for 75,000 shares at $14.36 exercisable, expiring 03/21/2033 |
| 09/16/2024 | Date of earliest transaction reported; dividend reinvestment occurred. |
| 03/26/2025 | Options for 75,000 shares at $15.66 exercisable, expiring 03/26/2034 |
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