AI assistant
Umh — Director's Dealing 2026
Jan 11, 2026
7099_rns_2026-01-11_ad029619-a447-45f0-aa87-03fb1053ebbe.pdf
Director's Dealing
Open in viewerOpens in your device viewer
{0}------------------------------------------------
12:58 ,10,1,2026 SEC FORM 4
SEC Form 4
(Last)
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | ||||||||
|---|---|---|---|---|---|---|---|---|
| OMB Number: | 3235-0287 | |||||||
| Estimated average burd | len | |||||||
| hours per response: | 0.5 |
10% Owner
below)
Other (specify
-
Relationship of Reporting Person(s) to Issuer (Check all applicable)
-
Individual or Joint/Group Filing (Check Applicable
Director
below)
Officer (give title
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 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 Instruction 10.
- Name and Address of Reporting Person*
(First)
3499 ROUTE 9 NORTH, SUITE 3C
(Middle)
BUTEWICZ AMY LYNN
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
- Issuer Name and Ticker or Trading Symbol
UMH PROPERTIES, INC. [ UMH ]
-
Date of Earliest Transaction (Month/Day/Year)
-
If Amendment, Date of Original Filed (Month/Day/Year)
12/15/2025
| (Street) | OLD N | J | 07728 | _ | Line | Form | iled by One | • | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (City) | (S | tate) | (Zip) | 1 6150 | ' | ||||||||||||||
| Tab | le I - Nor | ı-Deriv | ative | Se | curiti | es A | cquired, | Disp | osed | of, or | Bene | eficiall | y Owne | d | |||||
| 1. Title of | Security (Ins | tr. 3) | 2. TransDate(Month/ | sactionDay/Yea | ır) i | 2A. DeeExecutiif any(Month | on Da | Code (I | urities Acsed Of (D | Benefic | esiallyFollowing | Form: | : DirectIndirectstr. 4) | 7. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||
| Code | v | Amou | nt ( | A) orD) | Price | Transac(Instr. 3 | tion(s) | (msu. 4) | |||||||||||
| UMH Pro | operties, Inc | . . | 13,18 | 83.78 (1) | D | ||||||||||||||
| quired, Dts, option | • | • | - | Owned | |||||||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3. TransactionDate(Month/Day/Year) | 3A, DeemeExecutionif any(Month/Da | Date, | 4.TransacCode (li8) | ofDeriv | vativepritiespiredrosed)r, 3, 4 | 6. Date ExeExpiration I(Month/Day | of SecuritiesUnderlying | nderlyingerivative Security | 9. NumberderivativeSecuritiesBeneficiallOwnedFollowingReportedTransactio(Instr. 4) | ly | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | BeneficialOwnership(Instr. 4) | |||||
| Code | v | (A) | (D) | DateExercisable | iration | Title | ONO | umber | |||||||||||
| UMHProperties,Inc. | $15.8 | 01/10/2025 | 01/1 | 0/2034 | UMHPropertion | 1,000 | 11,000 | D | |||||||||||
| UMHProperties,Inc. | $14.36 | 03/21/2024 | 03/2 | 1/2033 | UMHPropertion | 0,000 | 10,000 | D | |||||||||||
| UMHProperties,Inc. | $16.86 | 06/16/2026 | 06/1 | 6/2035 | UMHPropertion | 2,000 | 12,000 | D |
Explanation of Responses:
Nelli Madden ** Signature of Reporting Person 01/09/2026 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.
$1. </sup> Includes \ 191.69 \ shares \ acquired \ through \ dividend \ reinvestment \ on \ 12/15/25.$
* 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).
{1}------------------------------------------------
13:11 ,10.1.2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPRO | OVAL |
|---|---|
| OMB Number: | 3235-0287 |
| Estimated average burd | len |
| hours per response: | 0.5 |
- Relationship of Reporting Person(s) to Issuer
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
- Issuer Name and Ticker or Trading Symbol
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 securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
- Name and Address of Reporting Person*
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
| ANNA | Reporting Person | RTIES, II | н] | ck all applic | cable)or | ·g · o | 10% Ov | vner | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last)3499 RCSUITE 3 | UTE 9 NO | (Middle) | of Earli025 | est Tra | ansaction (Mo | onth/I | Day/Year | r) | X | Officerbelow)EVPCFO | and | Other (sbelow) | specify | ||||||||
| (Street) | OLD N | J | 07728 | 4. If | Ame | ndmer | nt, Dat | e of Original | Filed | (Month/ | Day/Year) | 6. Inc | )C Form f | iled by One | e Rep | g (Check Aporting Person One Repo | n | ||||
| (City) | (S | (Zip) | Persor | n | |||||||||||||||||
| 1. Title of | Security (Ins | 2. TransaDate(Month/D | action | Execution Date, Transaction Disposed Of (D) (Instr. 3, 4 | 5. AmourSecuritieBeneficiaOwned F | nt ofsally | Forn(D) o | n: Director Indirect | 7. Natureof IndirectBeneficialOwnership | ||||||||||||
| Code V Amount (A) or Pr | r Pric | e | Reported | (Instr. 4) | |||||||||||||||||
| UMH Pro | operties, Inc | ive Securities Acquired, Disposed of, or Benefici | 1,121,577.19 (1) D | ||||||||||||||||||
| T | quired, Dits, option | Owned | |||||||||||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3. TransactionDate(Month/Day/Year) | 3A. DeemeExecutionif any(Month/Da | Date, | 4.TransacCode (li8) | vativepritiespricedrosed)r. 3, 4 | 6. Date ExerExpiration D(Month/Day/ | 8. Price ofDerivativeSecurity(Instr. 5) | 9. NumberderivativeSecuritiesBeneficialOwnedFollowingReportedTransactic(Instr. 4) | iiilly | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||||||
| Code | ode V (A) (D) Date | oiratione | Title | AmouorNumbofShare | er | ||||||||||||||||
| UMHProperties,Inc. | $15.66 | 03/26/2025 | 03/ | 26/2034 | UMHProperties,Inc. | 50,00 | 00 | 50,000 | ) | D | |||||||||||
| UMHProperties,Inc. | $14.36 | 03/21/2024 | 03/ | 21/2033 | UMHProperties,Inc. | 75,00 | 00 | 75,00 | 0 | D | |||||||||||
| UMHProperties,Inc. | $23.81 | 03/28/2023 | 03/ | 28/2032 | UMHProperties,Inc. | 39,00 | 00 | 39,000 | ) | D | |||||||||||
| UMHProperties,Inc. | $22.57 | 07/14/2022 | 07/ | 14/2031 | UMHProperties,Inc. | 50,00 | 00 | 50,000 | ) | D | |||||||||||
| UMHProperties,Inc. | $9.7 | 03/25/2021 | 03/ | 25/2030 | UMHProperties,Inc. | 20,00 | 00 | 20,000 | ) | D | |||||||||||
| UMHProperties,Inc. | $13.9 | 04/02/2020 | 04/ | 02/2029 | UMHProperties,Inc. | 50,00 | 00 | 50,000 | 0 | D | |||||||||||
| UMHProperties,Inc. | $15.04 | 04/04/2018 | 04/ | 04/2027 | UMHProperties,Inc. | 50,00 | 00 | 50,000 | 0 | D | |||||||||||
| UMHProperties,Inc. | $14.25 | 01/19/2018 | 01/ | 19/2027 | UMHProperties,Inc. | 10,00 | 00 | 10,000 | 0 | D | |||||||||||
| UMHProperties,Inc. | $16.86 | 06/16/2026 | 06/ | 16/2035 | UMHProperties,Inc. | 50,00 | 00 | 50,000 | 0 | D | |||||||||||
| xplanatio | n of Respon | ses: | inc. |
Nelli Madden
01/09/2026
$1.</sup> Includes\ 4,051.29\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25,\ and\ 54,839\ shares\ held\ in\ 401(k)\ as\ of\ 12/31/25.$
{2}------------------------------------------------
13:11 ,10.1.2026 SEC FORM 4
** 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.
{3}------------------------------------------------
13:11 ,10.1,2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB AP | PROVAL |
|---|---|
| OMB Number: | 3235-02 |
287 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
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
| for the psecuritieintendeddefense | t, instruction orourchase or saes of the issued to satisfy thee conditions ofthe Instruction 1 | le of equityr that isaffirmativeRule 10b5- | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| f Reporting Person* | ker or Trac | Symbol | 1 | elationshick all app | ing P | erson(s) to I | ssuer | ||||||||||||
| Clark T | lodd J. | , | - L | 1 | X | Direc | ctor | 10% O | vner | ||||||||||
| (Last)3499 US | • | rst) (M | /liddle) | 3. Date 12/15 | t Trans | saction (M | onth/ | 'Day/Year) | Officebelov | er (give titlew) | Other (sbelow) | specify | |||||||
| SUITE 3 | C | 4. If Ar | mend | ment, | Date o | of Original | Filed | d (Month/Da | ay/Yea | r) | 6. Inc | or Joint/Grou | ıp Fil | ing (Check A | Applicable | ||||
| (Street) | X | n filed by Or | ne Re | porting Pers | on. | ||||||||||||||
| FREEHO | OLD N. | 0 | 7728 | n filed by Mo | an One Rep | ||||||||||||||
| (City) | (St | ate) (Z | ːip) | ||||||||||||||||
| Table | l - Non-Dei | rivat | tive Se | ecur | ities | Acq | uired, [ | Disp | osed of | , or I | Bene | ficial | ly Owr | ned | |||||
| 1. Title of | Security (Ins | tr. 3) | Date | tiony/Year) | Execif any | 3.TransacCode (In8) | 4. SecuritDisposedand 5) | SecuriBenefiOwnedFollow | iciallyd⁄ing | For(D) | m: Directorirect (I) | 7. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||||
| Code | v | Amount | (A(D | ) or) | Price | tedaction(s)3 and 4) | |||||||||||||
| UMH Pro | operties, In | o. | 1,8 | 361.7 (1) | D | ||||||||||||||
| Tab | le II - Deriv(e.g., | sed of,onvertib | Owne | ed | |||||||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3. TransactionDate(Month/Day/Year) | 3A. DeemedExecution Daif any(Month/Day/Y | · | 4.TransacCode (II8) | SecuAcqu(A) orDispoof (D)(Instr | vativeritiesriredrosed) | 6. Date E:Expiratio(Month/D | n Dat | DerivSecu | unt ofritiesrlyingative | DeSe(Ir | Price oferivativeecurityestr. 5) | 9. NumberderivativeSecuritiesBeneficiallOwnedFollowingReportedTransactio(Instr. 4) | у | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficiaOwnersh(Instr. 4) | ||
| Code V (A) (D) Exercisable Date Title Shares |
Explanation of Responses:
- Includes 19.4 shares acquired through dividend reinvestment on 12/15/2025.
Nelli Madden
01/09/2026
** 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.
{4}------------------------------------------------
13:00 ,10,1,2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPRO | VAL |
|---|---|
| OMB Number: | 3235-0287 |
| Estimated average burd | en |
| hours per response: | 0.5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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 securities of the issuer that is intended to salisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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. Title of Security | y (Instr. 3) | 2. TransactionDate(Month/Day/Year) | 2A. DeemedExecution Date,if any(Month/Day/Year) | 3.TransactionCode (Instr.8) | 4. Securities Acquired (ADisposed Of (D) (Instr. 35) | 5. Amount ofSecuritiesBeneficiallyOwned Following | 6. OwnershipForm: Direct(D) or Indirect(I) (Instr. 4) | 7. Natureof IndirectBeneficialOwnership | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Table I - Noi | n-Derivative S | ecurities Acqı | uired, Disp | osed of, or Benef | cially | Owned | ||||
| (City) | (State) | (Zip) | ||||||||
| (Street) FREEHOLD | NJ | 07728 | X | Form filed by OneForm filed by MorPerson | ||||||
| STE 3-C | 4. If An | nendment, Date of | Original Filed ( | Month/Day/Year) | 6. Indiv | vidual or Joint/Group | Filing (Check A | Applicable | ||
| (Last)3499 RT 9 NO | (First)RTH | (Middle) | 3. Date 12/15 | e of Earliest Transac/2025 | ction (Month/D | ay/Year) | below) | below | ||
| 1. Name and Addro | H PROPERTI | call applicable) Director Officer (give title | 10% C | |||||||
| Instruction 10. | * | 2 1 | er Name and Ticke | a an Tandina C | l | E Dala | tionship of Reportin | - Danasa(a) ta I |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
Code
| (5-, | p a , . | -, | то, орион | ., | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3. TransactionDate(Month/Day/Year) | 3A. DeemedExecution Date,if any(Month/Day/Year) | 4.TransacCode (II8) | 6. Date ExerExpiration D(Month/Day/ | ate | 7. Title andof SecuritieUnderlyingDerivative(Instr. 3 and | esSecurity | 8. Price ofDerivativeSecurity(Instr. 5) | 9. Number ofderivativeSecuritiesBeneficiallyOwnedFollowingReportedTransaction(s)(Instr. 4) | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficialOwnership(Instr. 4) | |||
| Code | v | (A) | (D) | DateExercisable | ExpirationDate | Title | AmountorNumberofShares | ||||||||
| UMHProperties,Inc. | $15.8 | 01/10/2025 | 01/10/2034 | UMHProperties,Inc. | 11,000 | 11,000 | D | ||||||||
| UMHProperties,Inc. | $14.36 | 03/21/2024 | 03/21/2033 | UMHProperties,Inc. | 10,000 | 10,000 | D | ||||||||
| UMHProperties,Inc. | $16.86 | 06/16/2026 | 06/16/2035 | UMHProperties,Inc. | 12,000 | 12,000 | D |
Explanation of Responses:
UMH Properties, Inc.
UMH Properties, Inc.
- $1.\ Includes\ 667.82\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25.$
- $2.\ Includes\ 67.10\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25.$
Nelli Madden
01/09/2026
** Signature of Reporting Person
Date
Transaction(s) (Instr. 3 and 4)
57,691.3(1)
5,602.55(2)
D
Held by
Spouse
(A) or (D)
Amount
Price
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.
* 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).
{5}------------------------------------------------
13:12 ,10,1,2026 SEC FORM 4
SEC Form 4
FORM 4
Check this box if no longer subject to
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | ||||||||
|---|---|---|---|---|---|---|---|---|
| OMB Number: | 3235-0287 | |||||||
| Estimated average burd | en | |||||||
| hours per response: | 0.5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
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 Koster Craig | s of Reporting Per | son * | Issuer Name and Ticke | ationship of Reportirk all applicable)Director | ng Person(s) to I10% ( | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last) 3499 ROUTE 9 N SUITE 3C | (First)NORTH | (Middle) | Date of Earliest Transa2/15/2025 | ction (Mo | onth/[ | Day/Year) | _ X | Officer (give titlebelow) EVP and General Counsel | Otherbelow | (specify) | ||
| (Street) FREEHOLD (City) | NJ(State) | 07728(Zip) | 4. | If Amendment, Date of | Original | Filed | (Month/Day/ | 6. IndiLine) | vidual or Joint/GrouForm filed by OnForm filed by MoPerson | e Reporting Per | son | |
| 7 | able I - Nor | n-Derivativ | e Securities Acq | uired, | Disp | osed of, | or Ben | eficially | Owned | |||
| 1. Title of Security ( | Instr. 3) | 2. TransactionDate(Month/Day/Ye | Execution Date, | 3.TransacCode (II8) | 4. SecuritieDisposed C5) | 5. Amount ofSecuritiesBeneficiallyOwned following | 6. OwnershipForm: Direct(D) or Indirect(I) (Instr. 4) | 7. Natureof IndirectBeneficialOwnership | ||||
| Code | v | Amount | Price | ReportedTransaction(s)(Instr. 3 and 4) | (Instr. 4) | |||||||
| UMH Properties, | Inc. | 126,552.45(1) | D | |||||||||
| UMH Properties, | MH Properties, Inc. (Preferred D) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 11. Nature of Indirect Beneficial 1. Title of Derivative 3. Transaction Date 3A. Deemed Execution Date, 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities 8. Price of Derivative 9. Number of derivative 10. Ownership Form: Transaction Code (Instr. (Month/Day/Year) (Month/Day/Year) Underlying Derivative Security Security (Instr. 3) or Exercise Price of of Derivative Security (Instr. 5) Securities 8) Direct (D) (Month/Day/Year) Beneficially Ownership Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) Derivative Security (Instr. 3 and 4) Owned Following or Indirect (I) (Instr. 4) (Instr. 4) Reported Transaction(s) (Instr. 4) Amount Number Expiration Code ٧ (A) (D) Exercisable Title Shares UMH UMH 03/26/2025 03/26/2034 50,000 50,000 ropertie Properties Inc UMH UMH ropertie Inc. Properties Inc. $14.36 03/21/2024 03/21/2033 75,000 75,000 D UMH UMH 03/28/2023 03/28/2032 39,000 Properties Inc. $23.81 39,000 D ropertie UMH HMH $22.57 07/14/2022 07/14/2031 50,000 50,000 D Propert ropertie Înc UMH UMH Properties $9.7 03/25/2021 03/25/2030 ropertie Inc. 30,000 30,000 D UMH UMH $11.42 01/02/2020 01/02/2029 20.000 Properties Inc. roperties Inc. 20,000 D UMH UMH 04/02/2019 04/02/2028 20,000 20,000 D Properties ropertie Inc Inc UMH UMH $15.04 04/04/2018 04/04/2027 opertie 20,000 20,000 D Properties Inc. UMH UMH 06/16/2026 06/16/2035 ropertie: Inc. 50,000 50.000 D Properties $16.86
Explanation of Responses:
$1.</sup> Includes\ 1,678.05\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25,\ and\ 10,376\ shares\ held\ in\ 401(k)\ as\ of\ 12/31/25.$
{6}------------------------------------------------
13:12 ,10.1.2026 SEC FORM 4
Nelli Madden
01/09/2026
** Signature of Reporting Person
Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
- $^{\star}$ 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
{7}------------------------------------------------
13:10 ,10,1,2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| OMB Number: | 3235-0287 | |||||||||
| Estimated average but | Estimated average burden | |||||||||
| hours nor reconones: | 0.5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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 securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See
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 arLevy S | f Reporting Person | • | 2. Issuer Name and Ticker or Trading Symbol UMH PROPERTIES, INC. [ UMH ] | telationshipeck all appliX Directo | cable) | , | s) to Iss0% Ov | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last)3499 RC | (FOUTE 9 NC | • | (Middle) | 3. Date of Earliest Transaction (Month/Day/Year) 12/15/2025 | Officerbelow) | (give title | Other (selow) | pecify | ||||||||||||
| SUITE 3 (Street) | BC | 4. lf | ndividual or | • | ||||||||||||||||
| FREEHO | OLD N | J | 07728 | - | iled by Oneiled by Morei | |||||||||||||||
| (City) | (S | itate) | (Zip) | |||||||||||||||||
| le I - Nor | _ | d, C | )isp | ly Owned | 1. | |||||||||||||||
| 1. Little of 3 | Security (Ins | tr. 3) | 2. TransDate(Month/ | action 2A. Deemed 3. Transaction Disposed Of (D) (Instr. 3, (Month/Day/Year) (Month/Day/Year) 2. (Month/Day/Year) 3. (Month/Day/Year) 4. Securities Acquired (A) Disposed Of (D) (Instr. 3, 5) | Benefici | esallyFollowing | 6. Owner:Form: Dir(D) or Ind(I) (Instr. | ectirect ( | 7. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||||||||
| Code V Amount (A) or (D) | Price | Transac(Instr. 3 | tion(s) | insu. 4) | ||||||||||||||||
| UMH Pro | operties, In | o. | 25,5 | 37.1 (1) | D | |||||||||||||||
| Т | able II - | quired,ts, opti | Owned | |||||||||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3, TransactionDate(Month/Day/Year) | 3A. DeemeExecutionif any(Month/Da | Date, | 4.TransacCode (II8) | ofDerivSecuAcqu(A) o | vativeritiesriredrosed) | 6. Date EExpiration (Month/I | n Da | ate | e and | 7. Titleof SecuUnderlyDerivat(Instr. 3 | rities/ingive Sec | urity | 8. Price ofDerivativeSecurity(Instr. 5) | 9. NumberderivativeSecuritiesBeneficiallOwnedFollowingReportedTransactio(Instr. 4) | y OwnForDireor I | nershipn:ct (D)ndirectnstr. 4) | 11. Naturof IndireBeneficiOwnersh(Instr. 4) | |
| Code | v | (A) | (D) | DateExercisa | ble | ExpiDate | ration | Title | ONO | umber | ||||||||||
| UMHProperties,Inc. | $15.8 | 01/10/20 | 25 | 01/10 | 0/2034 | UMFPropertiInc. | 1,000 | 11,000 | D | |||||||||||
| UMHProperties,Inc. | $14.36 | 03/21/20 | 124 | 03/2 | 1/2033 | UMFPropertiInc. | 0,000 | 10,000 | D | |||||||||||
| UMH | I | I | I | 1 | 1 | UMF | es, 1 | 1 - | Ι - |
Explanation of Responses:
$1.\ Includes\ 371.29\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25.$
Nelli Madden 01/09/2026
** 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.
$^{</sup>star}$ 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).
{8}------------------------------------------------
13:11 ,10.1,2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
| OMB APPR | OVAL |
|---|---|
| OMB Number: | 3235-0287 |
| Estimated average bu | rden |
| 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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
| contract, instructi | ssuer that is intendemative defense | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Name and Addre | ier Name and TickeH PROPERTI | 5. Relationship of Reporting Person(s) to (Check all applicable) X Director 10% 0 | |||||||||||
| (Last)3499 ROUTE 9 | (First) NORTH, SUI | (Middle) | e of Earliest Transac5/2025 | ction (Mo | nth/D | ay/Year) | - ^ | Officer (give title below) | (specify | ||||
| (Street) FREEHOLD (City) | NJ(State) | 07728(Zip) | 4. If A | mendment, Date of | Original F | Filed ( | (Month/Day/Ye | 6. IndivLine)X | lividual or Joint/Group Filing (Check Applicable Form filed by One Reporting Person Form filed by More than One Reporting Person | ||||
| Table I - Nor | n-Derivative S | Securities Acqu | uired, [ | Disp | osed of, o | r Bene | ficially | Owned | |||||
| Da | 2. TransactionDate(Month/Day/Year) | 2A. DeemedExecution Date,if any(Month/Day/Year) | Fransaction Code (Instr. 3 5) Disposed Of (D) (Instr. 3 5) (A) or Francisco | 5. Amount ofSecuritiesBeneficiallyOwned FollowingReportedTransaction(s) | 6. OwnershipForm: Direct(D) or Indirect(I) (Instr. 4) | 7. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||||
| UMH Properties | , Inc. | Ė | (D) | (Instr. 3 and 4)29,131.48 (1) | D |
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3, TransactionDate(Month/Day/Year) | 3A. DeemedExecution Date,if any(Month/Day/Year) | Code (li | Transaction NumberCode (Instr. of | 6. Date ExerExpiration D(Month/Day/) | ate | 7. Title andof SecuritieUnderlyingDerivative S(Instr. 3 and | sSecurity | 8. Price ofDerivativeSecurity(Instr. 5) | 9. Number ofderivativeSecuritiesBeneficiallyOwnedFollowingReportedTransaction(s)(Instr. 4) | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficialOwnership(Instr. 4) | ||
| Code | v | (A) | (D) | DateExercisable | ExpirationDate | Title | AmountorNumberofShares | ||||||||
| UMHProperties,Inc. | $15.8 | 01/10/2025 | 01/10/2034 | UMHProperties,Inc. | 11,000 | 11,000 | D | ||||||||
| UMHProperties,Inc. | $14.36 | 03/21/2024 | 03/21/2033 | UMHProperties,Inc. | 10,000 | 10,000 | D | ||||||||
| UMHProperties,Inc. | $16.86 | 06/16/2026 | 06/16/2035 | UMHProperties,Inc. 12,000 | 12,000 | D |
Explanation of Responses:
$1.\ Includes\ 394.48\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/2025.$
01/09/2026 Nelli Madden
** 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.
* 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).
{9}------------------------------------------------
12:59 ,10,1,2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| OMB Number: | 3235-0287 | ||||||||||
| Estimated average burden | |||||||||||
| haura nor roonanaa | 0.5 |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
obligations may continue. See Instruction 1(b).
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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
| Instruct | ion 10. | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| nd Address of | 2. Issuer Name and Ticker or Trading Symbol UMH PROPERTIES, INC. [ UMH ] | eck all appli | cable) | ng Per | erson(s) to Issuer | |||||||||||||||
| IKUII | TANOL | LAD. | _ | - | X Directo | or | 10% Ov | vner | ||||||||||||
| (Last)3499 RC | (FOUTE 9 NO | irst)RTH | 3. Date of Earliest Transaction (Month/Day/Year) 12/15/2025 Officer (give title below) below) below) | specify | ||||||||||||||||
| SUITE 3 | C | 4. If A | If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable) | pplicable | ||||||||||||||||
| (Street) | Line | , | ilad by On | a Ban | orting Perso | , | ||||||||||||||
| FREEHO | OLD N | J | 07728 | iled by Moi | • | n One Repo | ||||||||||||||
| (City) | (S | tate) | (Zip) | |||||||||||||||||
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||||||||||||
| 1. Title of Security (Instr. 3) 2. Trans: Date (Month/I | Execution Date | . | Code (Instr. | 4. Securities Acquired (Disposed Of (D) (Instr. 5) | n: Director Indirectnstr. 4) | 7. Natureof IndirectBeneficialOwnership | ||||||||||||||
| Code | Code V | mount (A) or (D) | Price | Transac(Instr. 3 | tion(s) | (Instr. 4) | ||||||||||||||
| UMH Pro | operties, Inc | ·. | 11,46 | 58.16 (1) | D | |||||||||||||||
| Т | able II - De | red, Di | Owned | |||||||||||||||||
| 4 771 6 | · ` | ans | · | IIaII | · · | • | 0.01 | l | 40 | 14. 11. | ||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | rative Conversion Date Execution Date, Transacrity or Exercise (Month/Day/Year) if any Code (In | Pate Exercipitation Day/N | ate | curity | 8. Price ofDerivativeSecurity(Instr. 5) | 9. NumberderivativeSecuritiesBeneficialOwnedFollowingReportedTransactio(Instr. 4) | sIly | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficialOwnership(Instr. 4) | |||||||||||
| c | ode | v | (A) | (D) | DatExe | eercisable | Title | 1 | AmountorNumberofShares | |||||||||||
| UMHProperties,Inc. | $15.8 | 01/ | /10/2025 | 01/1 | 0/2034 | UMProperInc | ties, | 11,000 | 11,000 | ) | D | |||||||||
| UMH | UM | Н |
03/21/2024
06/16/2026
03/21/2033
06/16/2035
Explanation of Responses:
Properties Inc.
HMH
Properti
$14.36
$16.86
$1.\ Includes\ 166.74\ shares\ acquired\ through\ dividend\ reinvestment\ on\ 12/15/25.$
Nelli Madden 01/09/2026
10,000
12,000
D
D
** Signature of Reporting Person Date
10,000
12,000
roperties
HMH
ropertie Inc.
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.
* 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).
{10}------------------------------------------------
13:12 ,10.1.2026 SEC FORM 4
SEC Form 4
FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| OMB APPROVAL | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OMB Number: | 3235-0287 | |||||||||||
| Estimated average bur | den | |||||||||||
| hours per response: |
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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 securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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 Taft Brett | RTIES, IN | ck all appli | wner(specify | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Last)3499 RC | (FOUTE 9 , SU | irst)JITE 3C | of Earli2025 | est Tra | ansaction (Mo | onth/C | ay/Yea | ^ | below) | EVP and | |||||||||
| (Street) FREEHOLD NJ 07728 | 4. If | Ame | endmei | nt, Dat | te of Original I | Filed | (Month/ | 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting | |||||||||||
| (City) | (5 | (Zip) | n Doriv | rativo | So | ourit | ioc A | Loquirod I | Dien | acad | of or Pa | nofi | oiall | Persor | |||||
| 1. Title of Security (Instr. 3) 2. Transa Date (Month/D | action | Execution Date, | te, TransacCode (Ir | 3. 4. SeTransaction Dispo | 4. Securities Acquired (A)Disposed Of (D) (Instr. 3, | nt ofesallyfollowing | Form: Direct(D) or Indirect(I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership | |||||||||||
| Code | v | Amoui | nt (A) (D) | or Pi | ice | ReportedTransact(Instr. 3 | ion(s) | (Instr. 4) | |||||||||||
| UMH Pr | operties, Inc | o. | 136,6 | 136,606.27(1) | |||||||||||||||
| T | quired, Di | Owned | |||||||||||||||||
| 1. Title ofDerivativeSecurity(Instr. 3) | 2.Conversionor ExercisePrice ofDerivativeSecurity | 3. TransactionDate(Month/Day/Year) | /Year) Execution Date, Transaction Number Expiration Date Of Securiting Month/Day/Year) Transaction Number Expiration Date Of Securiting Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office Office O | 7. Title and of Securiti Underlying Derivative (Instr. 3 an | I AmouesJSecuri | ınt | 8. Price ofDerivativeSecurity(Instr. 5) | 9. NumberderivativeSecuritiesBeneficiallyOwnedFollowingReportedTransaction(Instr. 4) | у | 10.OwnershipForm:Direct (D)or Indirect(I) (Instr. 4) | 11. Natureof IndirectBeneficialOwnership(Instr. 4) | ||||||||
| Code | v | (A) | (D) | DateExercisable | Exp | iratione | Title | AmoorNumofShar | ber | ||||||||||
| UMHProperties,Inc. | $15.66 | 03/26/2024 | 03/2 | 26/2034 | UMHProperties,Inc. 50 | 000 | 50,000 | D | |||||||||||
| UMHProperties,Inc. | $14.36 | 03/21/2024 | 03/2 | 21/2033 | UMHProperties,Inc. | 75,0 | 000 | 75,000 | D | ||||||||||
| UMHProperties,Inc. | $23.81 | 03/28/2023 | 03/2 | 28/2032 | UMHProperties,Inc. | 39,0 | 000 | 39,000 | D | ||||||||||
| UMHProperties,Inc. | $22.57 | 07/14/2022 | 07/1 | 14/2031 | UMHProperties,Inc. | 50,0 | 000 | 50,000 | D | ||||||||||
| UMHProperties,Inc. | $9.7 | 03/25/2 | 03/25/2021 | 03/2 | 25/2030 | UMHProperties,Inc. | 50,0 | 000 | 50,000 | D | |||||||||
| UMHProperties,Inc. | $11.42 | 01/02/2020 | 01/0 | 02/2029 | UMHProperties,Inc. | 40,0 | 000 | 40,000 | D | ||||||||||
| UMHProperties,Inc. | $13.09 | 04/02/2019 | 04/0 | 02/2028 | UMHProperties,Inc. | 20,0 | 000 | 20,000 | D | ||||||||||
| UMHProperties,Inc. | $15.04 | 04/04/2018 | 04/0 | )4/2027 | UMHProperties,Inc. | 20,0 | 000 | 20,000 | D | ||||||||||
| UMHProperties, | $16.86 | 06/16/2026 | 06/1 | 6/2035 | UMHProperties, | 50,0 | 000 | 50,000 | D |
Explanation of Responses:
Nelli Madden
01/09/2026
1. Includes 713.12 shares acquired through dividend reinvestment on 12/15/25, and 9,207 shares held in 401(k) as of 12/31/25.
** Signature of Reporting Person
{11}------------------------------------------------
13:12 ,10.1.2026 SEC FORM 4
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.