UMH Chairman Eugene W. Landy Receives 100,000-Share Option Award

What Happened
Eugene W. Landy, Chairman and Director of UMH PROPERTIES, INC. (UMH), was granted a derivative award on 2026-08-05 that entitles him to acquire 100,000 shares at $15.20 per share (total nominal value $1,520,000). This filing reports an award/acquisition (grant of stock options or similar equity-based instrument), not a cash purchase or sale.

Key Details

• Transaction date: 2026-08-05; filing date: 2026-08-06 (timely Form 4 filing).
• Award: 100,000-share derivative grant with an acquisition/exercise price of $15.20 per share; reported value $1,520,000.
• Vesting: The award vests 20% per year over five years — 20,000 shares vesting on each anniversary: 08/05/2027, 08/05/2028, 08/05/2029, 08/05/2030, and 08/05/2031.
• Shares owned after transaction: Not specified in the filing.
• Notes: The filing identifies the instrument as a derivative award. No 10b5-1 plan, tax-withholding sale, or immediate cashless exercise/sale is disclosed in this Form 4.

Context
This was a grant of equity-based compensation (an option/derivative award) rather than an open-market purchase or sale. Such grants give the insider the potential to acquire shares in the future at the stated price if the vesting and any exercise conditions are met; they do not represent immediate share purchases or sales.