QUIGLEY KENNETH K JR 4

What Happened
Kenneth K. Quigley Jr., a director of UMH PROPERTIES, acquired a total of 3,881 shares through two transactions: a director stock award of 1,381 shares on 2026-03-24 valued at $19,693 (1,381 @ $14.26) and an open-market purchase of 2,500 shares on 2026-03-25 costing $35,850 (2,500 @ $14.34). Both transactions are acquisitions (not sales), which are straightforward purchases/awards rather than dispositions.

Key Details

• Transaction dates and prices:
  • 2026-03-24: Award (A) — 1,381 shares @ $14.26; value $19,693 (Footnote F1: director stock award)
  • 2026-03-25: Purchase (P) — 2,500 shares @ $14.34; value $35,850 (Footnote F2: purchase)
• Total shares acquired: 3,881; total reported value ≈ $55,543.
• Shares owned after the transactions: not specified in the supplied filing.
• Filing: Form 4 filed 2026-03-26 (appears timely given the transaction dates).
• Footnotes: F1 indicates a stock award for directors; F2 notes a purchase of shares.

Context
Director awards are common as compensation and do not by themselves indicate a trading decision; the separate open-market purchase is a personal acquisition. Both actions increased the director’s stake in UMH PROPERTIES. This filing reports acquisitions (potentially seen as a neutral-to-bullish signal), but it does not disclose the director’s broader holdings or motive.