Umh

Director's Dealing • Dec 14, 2023

SEC Form 4

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934

or Section 30(h) of the Investment Company Act of 1940

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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 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 Instruction 10.

1. Name and Address of Reporting Person* LANDY EUGENE W		2. Issuer Name and Ticker or Trading Symbol UMH PROPERTIES, INC. [ UMH ]					5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner
										X Officer (give title below)		Other (specify below)
(Last) 3499 ROUTE 9 NORTH SUITE 3C	(First)	12/11/2023	3. Date of Earliest Transaction (Month/Day/Year)					Chairman
(Street) FREEHOLD	NJ	07728	4. If Amendment, Date of Original Filed (Month/Day/Year)							6. Individual or Joint/Group Filing (Check Applicable Line) 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	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 Reported	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial
				(Month/Day/Year)	Code	V	Amount	(A) or (D)	Price	Transaction(s) (Instr. 3 and 4)		Ownership (Instr. 4)
UMH Properties, Inc.			12/11/2023		G		30,000(1)	D	\$14.69	893,571.9(2)	D
UMH Properties, Inc.										112,849	I	The Sheltered Family Trust
UMH Properties, Inc.			12/11/2023		G		30,000(1)	A	\$14.69	152,880	I	Eugene W. and Gloria Landy Family Foundation
UMH Properties, Inc.										129,455.725(3)	I	Landy Investments
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	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number 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	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
	Security			Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares		Following Reported Transaction(s) (Instr. 4)
UMH Properties, Inc.	\$14.36								03/21/2024 03/21/2033	UMH Properties, Inc.	75,000		75,000	D
UMH Properties, Inc.	\$18.52								09/09/2023 09/09/2032	UMH Properties, Inc.	100,000		100,000	D
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
UMH Properties, Inc.	\$9.77								04/05/2017 04/05/2024	UMH Properties, Inc.	100,000		100,000	D

Explanation of Responses:

1. Intra-family gift transfer.

2. Total share ownership reflects a pro rata distribution in October 2023 of 432 shares by Landy Investments Ltd.

3. Total share ownership reflects a pro rata distribution in October 2023 of 43,152 shares.

Nelli Madden 12/13/2023

** 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).

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