HIRSCH MATTHEW I 4
Research Summary
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UMH Properties (UMH) Director Matthew Hirsch Receives Stock Award
What Happened Matthew I. Hirsch, a director of UMH Properties, received a director stock award on March 24, 2026. The Form 4 reports an acquisition (code A) of 1,381 shares at $14.26 per share, with a reported value of $19,693 (1,381 × $14.26 ≈ $19,693.06). This was a grant/award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-24; filing date: 2026-03-26 (Form 4 accession 0000752642-26-000036).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 1,381 at $14.26 each; total reported value ≈ $19,693.
- Footnote: F1 — Stock award for Directors.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Timeliness: Filing was submitted two days after the transaction, within the typical two-business-day Form 4 reporting window.
Context Director stock awards are commonly used as part of board compensation and represent an acquisition of company stock, but they typically reflect routine compensation rather than a direct signal of the director’s personal trading decision. This transaction increases insider-held shares but should be interpreted as a grant unless additional trading activity or disclosures indicate otherwise.