Umh — Director's Dealing 2025

Jan 15, 2025

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Check this box if no longer subject to 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

Instruction 10.
1. Name and Address of Reporting Person* Koster Craig			2. Issuer Name and Ticker or Trading Symbol UMH PROPERTIES, INC. [ UMH ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
					Director	10% Owner
(Last)	(First)	(Middle)			Officer (give title below)	Other (specify below)
			3. Date of Earliest Transaction (Month/Day/Year)		EVP and
3499 ROUTE 9 NORTH			01/07/2025		General
SUITE 3C					Counsel
(Street)			4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable
FREEHOLD	NJ	07728		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. 4. Securities Acquired (A) or Transaction Disposed Of (D) (Instr. 3, 4 and Code (Instr. 5) 8)			5. Amount of Securities Beneficially Owned Following Reported	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership
			Code	V	Amount	(A) or (D)	Price	Transaction(s) (Instr. 3 and 4)		(Instr. 4)
UMH Properties, Inc.	01/07/2025		A		10,714(1)	A	\$18.2	119,129.2	D
UMH Properties, Inc. (Preferred D)								337.002	D

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) 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 Following Reported Transaction(s) (Instr. 4) 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 UMH Properties, Inc. \$15.66 03/26/2025 03/26/2034 UMH Properties, Inc. 50,000 50,000 D UMH Properties, Inc. \$14.36 03/21/2024 03/21/2033 UMH Properties, Inc. 75,000 75,000 D UMH Properties, Inc. \$23.81 03/28/2023 03/28/2032 UMH Properties, Inc. 39,000 39,000 D UMH Properties, Inc. \$22.57 07/14/2022 07/14/2031 UMH Properties, Inc. 50,000 50,000 D UMH Properties, Inc. \$9.7 03/25/2021 03/25/2030 UMH Properties, Inc. 30,000 30,000 D UMH Properties, Inc. \$11.42 01/02/2020 01/02/2029 UMH Properties, Inc. 20,000 20,000 D UMH Properties, Inc. \$13.09 04/02/2019 04/02/2028 UMH Properties, Inc. 20,000 20,000 D UMH Properties, Inc. \$15.04 04/04/2018 04/04/2027 UMH Properties, Inc. 20,000 20,000 D

1. Restricted stock granted to named executive officers. Participant's rights in and to the restricted stock shall be subject to both time and performance vesting criteria as per employment agreement.

Nelli Madden 01/08/2025

** 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.