UMH Properties (NYSE:UMH) director Kenneth K. Quigley Jr. has expanded his direct holdings in the company, acquiring 2,500 shares at $14.34 apiece on March 25, 2026, in a transaction reported on a Form 4 filed with the Securities and Exchange Commission. The purchase amounted to $35,850.
In addition to that open-market purchase, Quigley was granted 1,381 shares on March 24, 2026 as a director stock award. That award was valued at $14.26 per share, for a total reported value of $19,693. Together, the two moves leave Quigley with 42,366.63 shares held directly in UMH Properties, according to the filing.
At the time of the purchase, UMH shares were trading at $14.48 and remain close to a 52-week low of $13.93. InvestingPro places the stock’s Fair Value at $15.24, meaning the current market price is below that benchmark, a detail noted in the filing summary.
The Form 4 also lists Quigley’s derivative positions in the company. The filing shows options to buy 11,000 shares with an exercise price of $15.80 expiring on 2034-01-10; 10,000 options at an exercise price of $14.36 expiring on 2033-03-21; 12,000 options at an exercise price of $16.86 expiring on 2035-06-16; and 12,000 options at an exercise price of $16.15 expiring on 2036-01-21.
UMH Properties is also notable for its income profile. The company offers a 6.3% dividend yield and, according to InvestingPro, has paid dividends for 37 consecutive years. InvestingPro additionally tracks more than eight ProTips and provides a Pro Research Report on UMH.
Financially, UMH reported results for the fourth quarter of 2025 that fell short of expectations. The company posted earnings per share of -$0.01, below the projected $0.05, which the filing characterizes as a 120% negative surprise. Revenue for the quarter was $66.97 million, versus the anticipated $68.84 million, a shortfall of 2.72% relative to expectations.
These filings and reported results give investors a current snapshot of insider activity, ownership structure and recent operating performance at UMH Properties. The Form 4 details and the company’s reported quarter are primary sources for the ownership totals and the derivative positions disclosed above.
Summary
Director Kenneth K. Quigley Jr. purchased 2,500 UMH shares for $35,850 and received a director award of 1,381 shares valued at $19,693, resulting in 42,366.63 shares held directly. The company’s shares trade near a 52-week low and below InvestingPro’s Fair Value. Quigley also holds multiple long-dated options, and UMH reported a Q4 2025 EPS and revenue miss.
Key points
- Insider purchase: Quigley bought 2,500 shares at $14.34 on March 25, 2026, totaling $35,850.
- Director award and ownership: Quigley received 1,381 shares on March 24, 2026 (valued at $19,693) and now directly owns 42,366.63 shares.
- Sectors impacted: real estate equities and REIT income strategies, given UMH’s dividend yield and status as a publicly traded residential REIT.
Risks and uncertainties
- Recent financial performance: UMH’s Q4 2025 EPS of -$0.01 missed the $0.05 estimate, a 120% negative surprise, which may affect investor confidence in near-term results.
- Revenue shortfall: Reported Q4 2025 revenue of $66.97 million missed the expected $68.84 million, a 2.72% shortfall compared with analyst projections.
- Ownership complexity: Quigley’s holdings include multiple long-dated options with varied strike prices and expiration dates, which adds complexity to the insider ownership profile.