LANDY MICHAEL P 4
Research Summary
AI-generated summary
UMH Director Michael P. Landy Receives 1,284-Share Award
What Happened Director Michael P. Landy received a director stock award of 1,284 shares of UMH Properties (UMH) on June 10, 2026. The award was valued at $15.34 per share, for a total reported value of $19,697. This transaction is coded as an award/acquisition (A) — a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; Filing date (Form 4): 2026-06-11 (filed timely).
- Price per share: $15.34; Total value: $19,697.
- Transaction type: A (award/grant to director). Footnote F1: "Stock award for Directors."
- Shares owned after transaction: Not specified in the provided filing.
- No indication this was part of a 10b5-1 plan, sale, gift, or option exercise.
Context Director awards are a routine form of non-cash compensation and do not by themselves indicate the director bought or sold stock on the open market. Such grants are typically part of board compensation programs; retail investors should note the award but avoid inferring strong buy/sell signals from a director grant alone.