Umh

Director's Dealing • Aug 13, 2023

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

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP hours per response: 0.5 Check this box if no longer subject to

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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	the issuer that is intended to satisfy the
1. Name and Address of Reporting Person* CHEW ANNA T					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) (Middle) 3499 ROUTE 9 N STE 3-C					3. Date of Earliest Transaction (Month/Day/Year) 08/10/2023									Officer (give title Other (specify X below) below) EVP and CFO
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 Form filed by More than One Reporting Person
1. Title of Security (Instr. 3)						2A. Deemed Execution Date, if any		3. Transaction Code (Instr. 8)										7. Nature of Indirect Beneficial Ownership (Instr. 4)
								Code			(A) or (D)		Price	(Instr. 3 and 4)
							A		46,091		A		858,318.07			D
2. Conversion or Exercise Price of Derivative	3. Transaction Date (Month/Day/Year) if any	3A. Deemed		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	derivative Securities Beneficially Owned Following Reported		10. Form: Direct (D) or Indirect	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Security																	(I) (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Date	Expiration	Title		Amount or Number of Shares		Transaction(s) (Instr. 4)
\$14.36								03/21/2024 03/21/2033			UMH Properties, Inc.		75,000		75,000		D
\$23.81								03/28/2023 03/28/2032			UMH Properties, Inc.		39,000		39,000		D
\$22.57								07/14/2022 07/14/2031			UMH Properties, Inc.		50,000		50,000		D
\$9.7								03/25/2021 03/25/2030			UMH Properties, Inc.		30,000		20,000		D
\$13.9								04/02/2020 04/02/2029			UMH Properties, Inc.		50,000		50,000		D
\$15.04								04/04/2018 04/04/2027			UMH Properties, Inc.		50,000		50,000		D
	FREEHOLD UMH Properties, Inc.	affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. (State)	(Zip)	Date Execution Date, (Month/Day/Year)		2. Transaction (Month/Day/Year) 08/10/2023			(Month/Day/Year)	V		Amount		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) (e.g., puts, calls, warrants, options, convertible securities)	Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned \$15.83 Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned	5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 5)	9. Number of	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) Ownership

Explanation of Responses:

Remarks:

Bonus stock award.

** 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.

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