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Umh Director's Dealing 2025

Nov 12, 2025

7099_rns_2025-11-12_e3a02e49-d259-4747-8586-400e5249fa42.pdf

Director's Dealing

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20:24 ,12.11.2025 SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL
OMB Number: 3235-028
Estimated average burden
hours per response: 0.5

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

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

securiti to satis fy the affirmativons of Rule 10b that is intendede defense
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) (Middle)3499 ROUTE 9 NORTH, SUITE 3C 3. Date of Earliest Transaction (Month/Day/Year) 11/10/2025 Officer (give title Other (specify below) below)
(Street) FREEHO (City) 07728(Zip) 4. If 4. If Amendment, Date of Original Filed (Month/Da Individual or Joint/Group Filing (Check Applicable ine) X Form filed by One Reporting Person Form filed by More than One Reporting Person
Tab e I - N lon-Deri /ative Sec curiti es A cquired l, Di isposed of, or Be neficia Ily Owned d
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/ Execution Date, Transaction Disposed Code (Instr. 5) ies AcquiredOf (D) (Instr. 5. Amount ofSecuritiesBeneficiallyOwned FollowingReported 6. OwnershipForm: Direct(D) or Indirect(I) (Instr. 4) 7. Nature ofIndirectBeneficialOwnership(Instr. 4)
Code v Amount (A) or(D) Price Transaction(Instr. 3 and (msu. 4)
UMH Pro UMH Properties, Inc. 26,737 D
UMH Properties, Inc. 11/10/2 025 25 S 2,000(1 ) D $15 0(2) I MitchellPortfolioManagement
Т able I f, or Ben y Owned
1. Title ofDerivativeSecurity(Instr. 3) 2.Conversionor ExercisePrice ofDerivativeSecurity 3. TransactionDate(Month/Day/Year) 3A. DeemedExecution Date,if any(Month/Day/Year) 4.TransactionCode (Instr.8) 6. Date ExercisExpiration Dat(Month/Day/Ye e 7. Title and Amounof SecuritiesUnderlyingDerivative Security(Instr. 3 and 4) 8. Price ofDerivativeSecurity(Instr. 5) derivaSecurBeneOwneFollogRepo ritiesficiallyedwingrtedsaction(s) FormDirector Inc ershipn:ct (D) 11. Natureof IndirectBeneficialOwnership(Instr. 4)
Code v (A) (D) DateExercisal ExpirationDate Title AmountorNumberofShares
UMHProperties,Inc. $15.8 01/10/202 25 01/10/2034 UMHProperties,Inc. 11,000 1 1,000 1 D
UMHProperties,Inc. $14.36 03/21/202 24 03/21/2033 UMHProperties,Inc. 10,000 1 0,000 D
UMHProperties, $16.86 06/16/202 26 06/16/2035 UMHProperties, 12,000 1 2,000 D

Explanation of Responses:

    1. Mitchell Partners, for which Mitchell Portfolio Management is the fund manager, completed the sale of its stake in UMH Properties, Inc., which was required to return capital to its limited partners after the death of the portfolio manager.
    1. The ending balance reflects the sale being filed on this Form 4 and the corrected number of shares acquired through dividend reinvestment since September 2024.

Nelli Madden

11/12/2025

** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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.

$^{</sup>star}$ 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).