Umh

Director's Dealing • Jul 9, 2024

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL OMB Number: 3235-0287

Estimated average burden

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
----------------------------------------------	--	--

	Section 16. Form 4 or Form 5	Check this box if no longer subject to														hours per response:		0.5
	obligations may continue. See Instruction 1(b).										Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
	Check this box to indicate that a transaction was made pursuant to a the purchase or sale of equity to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.	contract, instruction or written plan for securities of the issuer that is intended
		1. Name and Address of Reporting Person*									2. Issuer Name and Ticker or Trading Symbol			5. Relationship of Reporting Person(s) to Issuer
	LANDY SAMUEL A					UMH PROPERTIES, INC. [ UMH ]								(Check all applicable) X Director 10% Owner
(Last)		(First)	(Middle)											Officer (give title X below)		Other (specify below)
	3499 ROUTE 9 NORTH					3. Date of Earliest Transaction (Month/Day/Year) 06/17/2024								President and CEO
STE 3C
(Street)											4. If Amendment, Date of Original Filed (Month/Day/Year)			6. Individual or Joint/Group Filing (Check Applicable Line)
FREEHOLD		NJ	07728									X Form filed by One Reporting Person
(City)		(State)	(Zip)											Form filed by More than One Reporting Person
														Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)		2. Transaction Date (Month/Day/Year)			2A. Deemed Execution Date, if any (Month/Day/Year)			3. Transaction Code (Instr. 8)		and 5)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4		5. Amount of Securities Beneficially Owned Following		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial	Ownership (Instr.
									Code	V	Amount	(A) or (D)	Price	Reported Transaction(s) (Instr. 3 and 4)			4)
	UMH Properties, Inc.													1,156,006.99(1)		D
	UMH Properties, Inc.													11,000.45(2)		I	Held by Spouse
	UMH Properties, Inc.													44,185.8(3)		I	Held with Spouse
	UMH Properties, Inc.													46,954.01(4)		I	Trust	The Landy 2022 Family
	UMH Properties, Inc.										48,000		I	Co-Manager of EWL Grandchildren Fund LLC
														Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
											(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)		3A. Deemed 4. 5. 6. Date Exercisable and Execution Date, Transaction Number Expiration Date if any Code (Instr. of (Month/Day/Year) (Month/Day/Year) 8) Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		of Securities Underlying (Instr. 3 and 4)	7. Title and Amount Derivative Security	8. Price of Derivative Security (Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
													Amount or Number
					Code	V	(A)	(D)	Date Exercisable		Expiration Date	Title	of Shares
UMH Properties, Inc.	\$14.36										03/21/2024 03/21/2033	UMH Properties, Inc.	29,500			29,500	D
UMH Properties, Inc.	\$13.09										04/02/2019 04/02/2028	UMH Properties, Inc.	50,000			50,000	D
UMH Properties, Inc.	\$15.04										04/04/2018 04/04/2027	UMH Properties, Inc.	50,000			50,000	D
UMH Properties, Inc.	\$14.25										01/19/2018 01/19/2027	UMH Properties, Inc.	50,000			50,000	D

Explanation of Responses:

1. Includes 4,479.67 shares acquired through dividend reinvestment on 6/17/24, and 90,996 shares held in 401(k) as of 6/17/24.

2. Includes 12.12 shares acquired through dividend reinvestment on 6/17/24.

3. Includes 8.83 shares acquired through dividend reinvestment on 6/17/24.

4. Includes 674.58 shares acquired through dividend reinvestment on 6/17/24.

Nelli Madden 07/08/2024

** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4

Instruction 10.

obligations may continue. See Instruction 1(b).

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0287

Check this box if no longer subject to Section 16. Form 4 or Form 5	STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP	hours per response:	0.5

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

Estimated average burden

Check this box to indicate that a
transaction was made pursuant to a
contract, instruction or written plan for
the purchase or sale of equity
securities of the issuer that is intended
to satisfy the affirmative defense
conditions of Rule 10b5-1(c). See

	1. Name and Address of Reporting Person*		2. Issuer Name and Ticker or Trading Symbol UMH PROPERTIES, INC. [ UMH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
LANDY EUGENE W (Last)	(First) 3499 ROUTE 9 NORTH SUITE 3C	(Middle)	3. Date of Earliest Transaction (Month/Day/Year) 07/08/2024	X X	Director Officer (give title below) Chairman	10% Owner Other (specify below)
(Street) FREEHOLD	NJ	07728	4. If Amendment, Date of Original Filed (Month/Day/Year)	Line) X	6. Individual or Joint/Group Filing (Check Applicable Form filed by One Reporting Person
(City)	(State)	(Zip)			Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership
			Code V		(A) or Amount (D)		Price	Reported Transaction(s) (Instr. 3 and 4)		(Instr. 4)
UMH Properties, Inc.								993,757.9	D
UMH Properties, Inc.								112,849	I	The Sheltered Family Trust
UMH Properties, Inc.	07/08/2024		G		8,500	D	\$16.37	144,380(1)	I	Eugene W. and Gloria Landy Family Foundation
UMH Properties, Inc.								33,561.288	I	Landy & Landy Employees' Pension Plan
UMH Properties, Inc.								42,912.51	I	Landy & Landy Employees' Profit Sharing Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. of (A) or of (D) and 5)	6. Date Exercisable and Number Expiration Date (Month/Day/Year) Derivative Securities Acquired Disposed (Instr. 3, 4			7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
UMH Properties, Inc.	\$15.66								03/26/2025 03/26/2034	UMH Properties, Inc.	100,000		100,000	D
UMH Properties, Inc.	\$14.36								03/21/2024 03/21/2033	UMH Properties, Inc.	75,000		75,000	D
UMH Properties,	\$18.52								09/09/2023 09/09/2032	UMH Properties,	100,000		100,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. 8)	5. Transaction Number Code (Instr. of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Inc.										Inc.
UMH Properties, Inc.	\$22.57								07/14/2022 07/14/2031	UMH Properties, Inc.	100,000		100,000	D
UMH Properties, Inc.	\$9.7								03/25/2021 03/25/2030	UMH Properties, Inc.	100,000		100,000	D
UMH Properties, Inc.	\$13.9								04/02/2020 04/02/2029	UMH Properties, Inc.	100,000		100,000	D
UMH Properties, Inc.	\$13.09								04/02/2019 04/02/2028	UMH Properties, Inc.	100,000		100,000	D
UMH Properties, Inc.	\$15.04								04/04/2018 04/04/2027	UMH Properties, Inc.	100,000		100,000	D

Explanation of Responses:

1. Gift transfer.

Nelli Madden 07/08/2024

** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.