EUGENE W. LANDY - 06 Mar 2024 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Signature
Nelli Madden
Issuer symbol
UMH
Transactions as of
06 Mar 2024
Transactions value $
-$18,005
Form type
4
Filing time
08 Mar 2024, 16:30:02 UTC
Previous filing
13 Dec 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Sale -$18,005 -1,108 -0.12% $16.25 893,757 06 Mar 2024 Direct F1, F2
holding UMH UMH Properties, Inc. 112,849 06 Mar 2024 The Sheltered Family Trust
holding UMH UMH Properties, Inc. 152,880 06 Mar 2024 Eugene W. and Gloria Landy Family Foundation
holding UMH UMH Properties, Inc. 0 06 Mar 2024 Landy Investments F3
holding UMH UMH Properties, Inc. 33,561 06 Mar 2024 Landy & Landy Employees' Pension Plan
holding UMH UMH Properties, Inc. 42,912 06 Mar 2024 Landy & Landy Employees' Profit Sharing Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UMH UMH Properties, Inc. 75,000 06 Mar 2024 UMH Properties, Inc. 75,000 $14.36 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $18.52 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $22.57 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $9.7 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $13.9 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $13.09 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $15.04 Direct
holding UMH UMH Properties, Inc. 100,000 06 Mar 2024 UMH Properties, Inc. 100,000 $9.77 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares.
F2 Includes 1,294 shares received in a pro rata distribution upon the liquidation of Landy Investments Ltd.
F3 Balance reflecting the liquidation of Landy Investments Ltd.