Umh

Director's Dealing • Aug 13, 2023

Instruction 1(b).

Form 4 or Form 5 obligations may continue. See

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

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

FORM 4	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549	OMB APPROVAL
		OMB Number: Estimated average burden	3235-0287
Check this box if no longer subject to Section 16.	STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP	hours per response:	0.5

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) (First) (Middle) 3499 ROUTE 9 NORTH SUITE 3C				3. Date of Earliest Transaction (Month/Day/Year) 08/10/2023												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 (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 Reported Transaction(s) (Instr. 3			6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)		7. Nature of Indirect Beneficial Ownership
								Code	V	Amount		(A) or (D) Price			and 4)				(Instr. 4)
UMH Properties, Inc.					08/10/2023			A			18,437(1)	A	\$15.83		923,161.9			D
UMH Properties, Inc.															112,849			I	The Sheltered Family Trust
UMH Properties, Inc.															122,880		I		Eugene W. and Gloria Landy Family Foundation
UMH Properties, Inc.															172,607.725			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
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)		6. Date Exercisable and Expiration Date (Month/Day/Year)		(e.g., puts, calls, warrants, options, convertible securities) 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		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			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. Bonus stock award

Nelli Madden 08/11/2023

** 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).

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.