UMH EVP Daniel Landy Receives 75,000-Share Option Award

What Happened

Daniel O. Landy, EVP and President of OZ Fund at UMH Properties (UMH), was granted a derivative award of 75,000 shares on 2026-08-05. The award is reported at a strike/price of $15.20 per share, giving a notional value of $1,140,000. This filing reflects an award/grant (derivative instrument) — not an open-market purchase or a sale.

Key Details

• Transaction date: 2026-08-05; Price/strike: $15.20 per share; Total notional value: $1,140,000.
• Instrument: Derivative award (stock option grant), code A (award/grant).
• Vesting (footnote): 75,000 options vest 20% per year — 15,000 shares vesting on each anniversary 8/05/2027, 2028, 2029, 2030 and 2031.
• Shares owned after the transaction: Not specified in this Form 4.
• Filing timeliness: Reported on 2026-08-06 for a 2026-08-05 transaction — filed promptly (not listed as late).

Context

This was an option award (derivative grant), not an exercise or sale. The options will vest over five years and must be exercised in the future before resulting in actual common shares; no shares were sold or immediately received as common stock in this filing. Option awards are commonly used for compensation and retention and do not by themselves indicate an insider buying or selling stock on the open market.