Umh

Major Shareholding Notification • Apr 18, 2024

□ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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

1. Name and Address of Reporting Person -						2. Issuer Name and Ticker or Trading Symbol									5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
Koster Craig								UMH PROPERTIES, INC. UMH
(Last) (First) (Middle)					3. Date of Earliest Transaction (MM/DD/YYYY) 3/15/2024 4. If Amendment, Date Original Filed (MM/DD/YYYY)									Director 10% Owner X Officer (give title below) Other (specify below) EVP and General Counsel 6. Individual or Joint/Group Filing (Check Applicable Line)
3499 ROUTE 9 NORTH, SUITE 3C
(Street)
FREEHOLD, NJ 07728															X Form filed by One Reporting Person
	(City) (State)	(Zip)															Form filed by More than One Reporting Person
															Table 1 - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)						2. Trans. Date 2A. Deemed Execution		3. Trans. Code (Instr. 8)		or Disposed of (D)				4. Securities Acquired (A) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)			6.	7. Nature Ownership of Indirect
							Date, if any				(Instr. 3, 4 and 5)				(Instr. 3 and 4) Form: Direct (D) Ownership				Beneficial
											(A) or				or Indirect (Instr. 4) (I) (Instr.
								Code	V		Amount	(D)	Price					4)
UMH Properties, Inc.																	103,577.25 11	D
UMH Properties, Inc. (Preferred D)																	337.002	D
															Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion	3. Trans. Date	3A. Deemed 4. Trans. Execution		Code	5. Number of Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		Derivative Securities and Expiration Date		6. Date Exercisable 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)			Derivative derivative		8. Price of 9. Number of 10.		11. Nature Ownership of Indirect
	or Exercise Price of Derivative Security		Date, if any		(Instr. 8)										Security (Instr. 5)	Securities Beneficially Owned	Form of Derivative Ownership Security:	Beneficial (Instr. 4)
					Code	V	(A)	(D)	Date Exercisable Date		Amount or Expiration Title Number of Shares		Following Reported Transaction(s) (I) (Instr. (Instr. 4)	Direct (D) or Indirect 4)
UMH Properties, Inc.	\$15.66										3/26/2025 3/26/2034		UMH Properties, Inc.		50,000		50,000	D
UMH Properties, Inc.	\$14.36										3/21/2024 3/21/2033		UMH Properties, Inc.		75,000		75,000	D
UMH Properties, Inc.	\$23.81										3/28/2023 3/28/2032		UMH Properties, Inc.		39,000		39,000	D
UMH Properties, Inc.	\$22.57										7/14/2022 7/14/2031		UMH Properties, Inc.		50,000		50,000	D
UMH Properties, Inc.	\$9.7								3/25/2021		3/25/2030		UMH Properties, Inc.		30,000		30,000	D
UMH Properties, Inc.	\$11.42								1/2/2020		1/2/2029		UMH Properties, Inc.		20,000		20,000	D
UMH Properties, Inc.	\$13.09								4/2/2019		4/2/2028		UMH Properties, Inc.		20,000		20,000	D
UMH Properties, Inc.	\$15.04								4/4/2018		4/4/2027		UMH Properties, Inc.		20,000		20,000	D

Explanation of Responses:

(1) Includes 863.66 shares acquired through dividend reinvestment on 3/15/24, and 7,989 shares held in 401(k) as of 3/15/24.

Reporting Owners

Reporting Owner Name / Address	Relationships
		Director 10% Owner Officer		()ther
Koster Craig 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD, NJ 07728			EVP and General Counsell

Signatures Nelli Madden

4/17/2024

** Signature of Reporting Person

Date

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