HIRSCH MATTHEW I 4
Research Summary
AI-generated summary
UMH Properties Director Matthew Hirsch Buys 500 Shares
What Happened
- Matthew I. Hirsch, a director of UMH Properties, bought 500 shares in an open-market purchase on 2026-03-27 at $14.48 per share, for a total cost of $7,240. This transaction is a purchase (often viewed as a more informative/bullish action than a sale), though the filing does not state Hirsch's motivation.
Key Details
- Transaction date and price: 2026-03-27, 500 shares at $14.48 each.
- Total value: $7,240.
- Transaction code: P (purchase — open market or private purchase).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — Purchase of shares.
- Timeliness: Report filed the same day (2026-03-27); no late filing indicated.
- No 10b5-1 trading plan or other trading arrangement is noted in the filing.
Context
- Purchases by insiders can signal confidence but do not prove future performance; retail investors should consider this alongside other fundamentals and disclosures.
- The size of this purchase ($7,240) is relatively small compared with many insider transactions, so its market impact may be limited.