Umh

Director's Dealing • Aug 14, 2025

SEC Form 4
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Instruction 10.

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

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0287 Estimated average burden

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

1. Name and Address of Reporting Person* Mitchell William Edward					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
(Last)		(First) 3499 ROUTE 9 NORTH, SUITE 3C	(Middle)			08/13/2025					3. Date of Earliest Transaction (Month/Day/Year)			Officer (give title below)				Other (specify below)
											4. If Amendment, Date of Original Filed (Month/Day/Year)
(Street)													6. Individual or Joint/Group Filing (Check Applicable Line)
FREEHOLD	NJ		07728										X Form filed by One Reporting Person
												Form filed by More than One Reporting Person
(City)		(State)	(Zip)
				Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)		2. Transaction Date (Month/Day/Year)		if any		2A. Deemed Execution Date, (Month/Day/Year)		Transaction Code (Instr.	5)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and			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		Amount	(A) or (D)	Price		Reported Transaction(s) (Instr. 3 and 4)			(Instr. 4)
	UMH Properties, Inc.											25,104.45			D
	UMH Properties, Inc.			08/13/2025					S		75,849(1)	D	\$16.32		41,368.03		Mitchell I Portfolio
																			Management
				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. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		Expiration Date (Month/Day/Year)		6. Date Exercisable and	7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)		derivative Securities Owned Following Reported (Instr. 4)	9. Number of Beneficially Transaction(s)	10. Form:	Ownership 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.	\$15.8										01/10/2025 01/10/2034	UMH Properties, Inc.	11,000				11,000		D
UMH Properties,	\$14.36										03/21/2024 03/21/2033	UMH Properties,	10,000				10,000		D

Explanation of Responses:

Inc.

UMH Properties, Inc.

1. These shares are being sold because Mitchell Partners, for which Mitchell Portfolio Management is the fund manager, must liquidate some of its holdings to return capital to its limited partners.

Nelli Madden 08/14/2025

Inc.

UMH Properties, Inc.

** Signature of Reporting Person Date

12,000 12,000 D

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).

\$16.86 06/16/2026 06/16/2035

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.