LANDY SAMUEL A 4

What Happened

• Samuel A. Landy, President & CEO and a director of UMH Properties, reported a gift transfer of 7,932 common shares on May 6, 2026. The shares are reported at $15.70 each for a total reported value of $124,532. The transaction is recorded as a disposition (code G) because the shares were transferred as a gift, not sold on the open market.

Key Details

• Transaction date: 2026-05-06; filing date (Form 4): 2026-05-07 (appears timely).
• Price per share reported: $15.70; total reported value: $124,532.
• Shares disposed: 7,932 (gift transfer, disposition code G; footnote F1 = Gift transfer).
• Shares owned after transaction: Not disclosed in this filing.
• No 10b5-1 plan, tax-withholding, or exercise activity reported in this transaction.

Context

• A gift is a non-sale transfer (often to family members, trusts, or charities) and generally should not be interpreted as a buy/sell signal about the insider’s view of the company. It is a disposition for reporting purposes but does not represent a market sale. The filing appears timely (Form 4 filed the next day), which is standard for insider reporting.