UMH EVP/COO Brett Taft Receives 50,000-Share Award

What Happened

• Brett Taft, EVP and COO of UMH Properties (UMH), received a derivative award of 50,000 shares on 2026-09-16. The grant was reported at an exercise/price of $15.58 per share, for a reported acquisition value of $779,000. This is an option-style award (derivative) that does not represent immediately transferable common shares.

Key Details

• Transaction date: 2026-09-16; Form 4 filed: 2026-09-18 (appears timely).
• Award: 50,000-share derivative grant at $15.58 per share; reported total $779,000.
• Vesting: 20% per year over five years — 10,000 shares vesting each anniversary from 9/16/2027 through 9/16/2031 (per footnote).
• Shares owned after transaction: not disclosed in the filing.
• Transaction code: A (award/grant); derivative transaction (stock option).
• No tax withholding, sale, or cashless-exercise noted in this filing.

Context

• This was a grant of stock options (a common form of executive compensation). Because the award vests over five years, the options are not immediately exercisable/sellable in full; future ownership depends on vesting and any exercise. The filing reports an acquisition-type award rather than a sale, which indicates the company granted long-term incentive pay rather than an insider buying or selling shares on the open market.