Daniel O. Landy, EVP and President of OZ Fund at UMH Properties, Inc., filed a Form 4 on August 10, 2026, reporting the exercise of stock options in UMH Properties, Inc. common shares on August 6, 2026.

Key Highlights

  • Transaction type: Landy exercised 11,000 stock options (transaction code M) on August 6, 2026, at a price of $9.70 per share.
  • Direct ownership following transaction: Landy directly holds 112,563.73 shares of UMH Properties, Inc. common stock after the reported transaction.
  • Indirect holdings: Additional shares are held 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).
  • Preferred shares: Windsor Industrial Park Associates, LTD. also holds 900 shares of UMH Properties, Inc. Preferred D indirectly.
  • Remaining derivative securities: Following the exercise, 60,760 options with an exercise price of $9.70 and an expiration date of March 25, 2030, remain directly held, along with multiple other option grants ranging in exercise price from $13.09 to $16.86.
  • Role: Landy is identified in the filing as EVP and President of OZ Fund, and is not listed as a director or 10% owner.

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

According to the filing, Daniel O. Landy exercised 11,000 stock options in UMH Properties, Inc. (UMH) on August 6, 2026, at an exercise price of $9.70 per share, as indicated by transaction code M. The filing notes this was an "exercise of stock options." Following the transaction, Landy directly beneficially owns 112,563.73 shares of UMH Properties common stock.

The filing also reports several indirect holdings. Through The Landy 2022 Family Trust, Landy indirectly holds 52,401.86 shares. Juniper Plaza Associates, LTD. accounts for an additional 37,903 shares held indirectly, while the Samuel Landy Family LTD Partnership holds 16,220 shares and Windsor Industrial Park Associates, LTD. holds 24,670 shares of common stock. Windsor Industrial Park Associates, LTD. also holds 900 shares of UMH Properties, Inc. Preferred D indirectly.

In Table II, the filing lists several derivative security positions held directly by Landy. After the reported exercise, 60,760 options with an exercise price of $9.70 remain, with an expiration date of March 25, 2030. Other option grants reported include positions at exercise prices of $13.09, $15.75, $12.94, $13.90, $22.57, $23.81, $14.36, $15.66, $16.86, and $15.20, with share amounts ranging from 1,000 to 100,000 options each, all held directly. The filing was signed by Nelli Madden on August 10, 2026.

What Was Disclosed

The filing discloses Daniel O. Landy's exercise of 11,000 stock options in UMH Properties, Inc. at $9.70 per share on August 6, 2026, along with his resulting direct and indirect beneficial ownership positions in the company's common and preferred shares.