Daniel O. Landy, EVP and President of OZ Fund at UMH Properties, Inc. (UMH), filed a Form 4 on August 6, 2026, disclosing the acquisition of 75,000 stock options granted on August 5, 2026.

Key Highlights

  • New option grant: Daniel O. Landy acquired 75,000 stock options on August 5, 2026, with an exercise price of $15.20 per share.
  • Expiration date: The newly granted options are exercisable beginning August 5, 2027, and expire on August 5, 2036.
  • Vesting schedule: The options vest 20% per year over five years, with 15,000 shares vesting annually on each anniversary from August 5, 2027 through August 5, 2031.
  • Direct beneficial ownership: Following the transaction, Landy directly holds 101,563.73 shares of UMH Properties, Inc. common stock.
  • Indirect holdings: Landy also holds shares indirectly through The Landy 2022 Family Trust (52,401.86 shares), Juniper Plaza Associates, LTD. (37,903 shares), Samuel Landy Family LTD Partnership (16,220 shares), and Windsor Industrial Park Associates, LTD. (24,670 shares).
  • Additional derivative holdings: Landy holds a total of nine other outstanding option grants with exercise prices ranging from $9.70 to $16.86, all directly owned.

Daniel Landy's Option Grant and Beneficial Ownership at UMH Properties

According to the filing, Daniel O. Landy, identified as EVP and President of OZ Fund of UMH Properties, Inc., was granted 75,000 stock options on August 5, 2026, at an exercise price of $15.20 per share. The options carry an expiration date of August 5, 2036. As disclosed in the filing's explanation of responses, the options "will vest over the next five years, 20% per year on each anniversary date," with 15,000 shares vesting on each of August 5, 2027, 2028, 2029, 2030, and 2031.

The filing lists Landy's direct beneficial ownership of UMH Properties common stock at 101,563.73 shares following the reported transaction. Indirect holdings are reported across four entities: 52,401.86 shares through The Landy 2022 Family Trust, 37,903 shares through Juniper Plaza Associates, LTD., 16,220 shares through the Samuel Landy Family LTD Partnership, and 24,670 shares through Windsor Industrial Park Associates, LTD. Windsor Industrial Park Associates, LTD. also holds 900 shares of UMH Properties Preferred D stock indirectly.

In addition to the newly granted options, the filing reports nine previously outstanding derivative securities held directly by Landy, with exercise prices of $13.09, $15.75, $12.94, $13.90, $9.70, $22.57, $23.81, $14.36, and $16.86, covering share amounts ranging from 1,000 to 100,000 per grant and expiration dates extending from 2028 to 2035.

What Was Disclosed

The Form 4 filed August 6, 2026, disclosed that Daniel O. Landy of UMH Properties, Inc. acquired 75,000 stock options at $15.20 per share on August 5, 2026, vesting 20% annually, along with a summary of his total direct and indirect beneficial ownership.