Brett Taft, Executive Vice President and Chief Operating Officer of UMH Properties, Inc., filed a Form 4 on September 18, 2026, disclosing the acquisition of a stock option grant dated September 16, 2026.

Key Highlights

  • New option grant: Brett Taft acquired 50,000 stock options on September 16, 2026, with an exercise price of $15.58 per share.
  • Expiration date: The newly granted options are exercisable beginning September 16, 2027 and expire on September 16, 2036.
  • Vesting schedule: The options vest 20% per year over five years, with 10,000 shares vesting on each of: 9/16/2027, 9/16/2028, 9/16/2029, 9/16/2030, and 9/16/2031.
  • Post-transaction share ownership: Following the reported transaction, Taft directly holds 129,593.53 shares of UMH Properties common stock.
  • Total derivative holdings: Taft holds nine tranches of stock options covering a combined 444,000 shares directly, with exercise prices ranging from $9.70 to $23.81.
  • Role of reporting person: Brett Taft is identified in the filing as EVP and COO of UMH Properties, Inc.

Details of Brett Taft's Option Grant and Existing Holdings at UMH Properties

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Brett Taft, EVP and COO of UMH Properties, Inc. (NYSE:UMH), reported the acquisition of 50,000 stock options on September 16, 2026. The options carry an exercise price of $15.58 per share, become exercisable beginning September 16, 2027, and expire on September 16, 2036. The filing notes that these options will vest in equal annual installments of 10,000 shares over five years.

The filing also discloses Taft's previously existing derivative security holdings. These include eight additional option tranches, all held directly, with exercise prices of $15.04, $13.09, $11.42, $9.70, $22.57, $23.81, $14.36, $15.66, and $16.86, covering grants dating back to April 2018 and expiring on dates ranging from April 2027 through June 2035. The individual tranches cover between 20,000 and 75,000 shares each, according to the filing.

In Table I of the filing, Taft's direct beneficial ownership of UMH Properties common stock following the reported transaction is listed as 129,593.53 shares. No transaction code or price is recorded in Table I, indicating the shares were not acquired or disposed of as part of this specific filing event. The Form 4 was signed by Nelli Madden on September 18, 2026.

What Was Disclosed

The filing reports that Brett Taft, EVP and COO of UMH Properties, received 50,000 stock options on September 16, 2026, at an exercise price of $15.58, vesting 20% annually over five years, and directly holds 129,593.53 common shares following the transaction.