Kevin S. Miller, Executive Vice President, CFO, and Treasurer of UMH Properties, Inc. (UMH), filed a Form 4 on August 10, 2026, reporting the exercise of stock options and resulting changes in his beneficial ownership of company securities.

Key Highlights

  • Transaction date: August 10, 2026, with transaction code M, indicating an exercise of stock options.
  • Options exercised: 1,000 shares acquired at a price of $14.36 per share.
  • Common shares held after transaction: 24,041.12 shares of UMH Properties, Inc., held directly.
  • Preferred shares held: 4,466.28 shares of UMH Properties, Inc. (Preferred D), held directly, as reported in the filing.
  • Remaining derivative securities: Miller retains options on 2,000 shares at $14.36 (expiring 03/21/2033), 13,740 shares at $15.66 (expiring 03/26/2034), and 15,000 shares at $18.30 (expiring 03/06/2035), all held directly.
  • Filing signed by: Nelli Madden on behalf of the reporting person, dated August 10, 2026.

Miller's Option Exercise and Beneficial Ownership at UMH Properties

According to the filing, Kevin S. Miller, serving as EVP, CFO, and Treasurer of UMH Properties, Inc., reported a single transaction on August 10, 2026. The transaction, coded M, reflects the exercise of 1,000 stock options with a conversion price of $14.36 per share. The filing notes in its explanation of responses that the transaction represents "Exercise of stock options."

Following the reported transaction, the filing discloses that Miller directly holds 24,041.12 shares of UMH Properties, Inc. common stock and 4,466.28 shares of UMH Properties, Inc. Preferred D stock. Both positions are reported as directly owned. The exercised options originated from a grant with an exercisable date of 03/21/2024 and an expiration date of 03/21/2033, according to Table II of the filing.

The filing further discloses that Miller retains three tranches of derivative securities. These consist of 2,000 remaining options at an exercise price of $14.36 expiring 03/21/2033, 13,740 options at $15.66 expiring 03/26/2034, and 15,000 options at $18.30 expiring 03/06/2035. All three tranches are reported as directly held. The filing was submitted as an individual filing by one reporting person.

What Was Disclosed

The Form 4 discloses the exercise of 1,000 stock options at $14.36 per share by UMH Properties' EVP and CFO on August 10, 2026, along with the reporting person's resulting beneficial ownership of common, preferred, and remaining derivative securities.