BUTEWICZ AMY LYNN 4

What Happened

• Amy Lynn Butewicz, a director of UMH Properties, received stock awards on 2026-01-21 consisting of 1,220 shares acquired outright at $16.15 each (value $19,703) and a 12,000-share derivative award priced at $16.15 (notional value $193,800). These awards are grants for director compensation, not open-market purchases or sales.

Key Details

• Transaction date: 2026-01-21; filing date: 2026-01-23 (filed within the typical 2-business-day window).
• Prices and values: $16.15 per share; 1,220 shares = $19,703; 12,000 derivative shares = $193,800; total ~13,220 shares ≈ $213,503.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnotes: F1 = stock award for directors. F2 = the 12,000-share derivative vests 20% per year over five years (2,400 shares vesting each anniversary on 1/21/2027 through 1/21/2031).
• Filing timeliness: Report appears timely (filed two days after the grant).

Context

• The 12,000-share item is a derivative award subject to multi-year vesting (not immediately tradable); the 1,220-share award was recorded as acquired on the filing date. Director stock awards are routine compensation and should be viewed as such rather than an immediate market endorsement.