Carus Jeffrey A 4
Research Summary
AI-generated summary
UMH Properties Director Jeffrey A. Carus Buys 500 Shares
What Happened
Jeffrey A. Carus, a director of UMH PROPERTIES, INC. (UMH), acquired 500 shares on April 1, 2026 at $14.50 per share, for a total of $7,250. The Form 4 reports the transaction as a purchase (code P), indicating he added stock rather than selling or exercising options.
Key Details
- Transaction date: 2026-04-01
- Transaction type: Purchase (open market or private purchase)
- Shares acquired: 500 at $14.50 each; total value $7,250
- Footnote: F1 — "Purchase of shares."
- Shares owned after transaction: not provided in the excerpt supplied
- Filing timeliness: Form filed on 2026-04-01 (same day as reported transaction), indicating a timely report
Context
Purchases by company directors are often of interest because they represent insiders adding to their holdings, but this is a relatively small purchase ($7.25k) and should be viewed as one data point among many. The filing shows a straightforward buy (no options exercised, no awards, and no gifts).