PRUITT ANGELA D. 4
Research Summary
AI-generated summary
UMH Director Angela D. Pruitt Receives Stock Award
What Happened
- Angela D. Pruitt, a director of UMH PROPERTIES (UMH), was granted stock awards on 2026-01-21. The filing shows two awards: 1,220 shares acquired at $16.15 per share ($19,703) and a 12,000-share derivative award valued at $16.15 per share ($193,800). The total reported value is $213,503. These were grants/awards (transaction code A), part of director compensation rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-01-21; Filing date: 2026-01-23 (timely filing).
- Awards: 1,220 shares @ $16.15 = $19,703; 12,000-share derivative award @ $16.15 = $193,800.
- Vesting: The 12,000-share stock option vests 20% per year over five years (2,400 shares vest each year on 1/21/2027–1/21/2031). (Footnotes F1–F2)
- Shares owned following the transaction: not specified in the provided summary of the filing.
- Transaction type code: A = Grant/Award; derivative indicates an option award (not an immediate sale or purchase).
Context
- This transaction reflects director compensation (routine stock awards/options). The 12,000-share award is subject to multi-year vesting, so the shares/options are not fully transferable or realizable immediately. Awards like this are common for board members and do not by themselves indicate the director is buying or selling shares in the open market.