Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-16

UMH PROPERTIES, INC. (UMH)

CEO Samuel Landy was paid $2,909,784 in fiscal year 2025, ↓ down 17.1% from fiscal year 2024, the 15th percentile of its disclosed peer group (SEC filing 0001493152-26-017167 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,909,784 ↓
Samuel Landy total, FY2025
15th
CEO pay percentile vs peers
59:1
CEO-to-median pay ratio
96.93%
Say-on-pay support, latest vote

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UMH's next annual pay disclosure, estimated April 17, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Samuel Landy$842,600$137,636$1,599,998$0$315,750$0$13,800$2,909,784
President and Chief Executive Officer
Anna Chew650,100106,2661,249,995168,500243,787013,8002,432,448
EVP and Chief Financial Officer
Craig Koster467,50053,043194,995168,500105,187013,8001,003,025
EVP, General Counsel and Secretary
Brett Taft429,00048,675229,993168,50096,525013,800986,493
EVP and Chief Operating Officer
Eugene Landy250,000145,1150337,0000050,000782,115
Founder and Chairman of the Board

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Samuel Landy$2,909,784$3,509,598$3,441,223↓ −599,814
Anna Chew2,432,4482,864,0962,837,017↓ −431,648
Craig Koster1,003,0251,131,9761,157,509↓ −128,951
Brett Taft986,4931,107,8251,139,016↓ −121,332
Eugene Landy782,115702,615652,115↑ +79,500

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$2,909,784 Samuel Landy total, FY2025

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Data as of October 16, 2026 · Source: 0001493152-26-017167 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Brett TaftCOO$986,493
Craig KosterGeneral Counsel$1,003,025
Anna ChewCFO$2,432,448
Samuel LandyCEO$2,909,784
Eugene LandyExecutive$782,115
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Amy L. ButewiczIndependent Director$188,038
Angela D. Pruitt-MarriottIndependent Director$194,092
Jeffrey A. CarusIndependent Director$197,580
Kenneth K. Quigley, JrIndependent Director$206,190
Kiernan ConwayIndependent Director$115,759
Matthew I. HirschIndependent Director$199,090
Michael P. LandyDirector$188,038
Stuart D. LevyIndependent Director$199,088
Todd J. ClarkIndependent Director$48,994
William E. MitchellIndependent Director$206,194
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Samuel A. LandyDirector2026-05-06D7,932$16$124,532CommonForm 4 ↗
William E. MitchellDirector2026-06-02A133151,987CommonForm 4 ↗
Jeffrey A. CarusDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Todd J. ClarkDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Amy L. ButewiczDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Kenneth K. Quigley JrDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Matthew I. HirschDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Michael P. LandyDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Stuart D. LevyDirector2026-06-10A1,2841519,697CommonForm 4 ↗
William E. MitchellDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Angela D. PruittDirector2026-06-10A1,2841519,697CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-06-15A68.38151,000CommonForm 4 ↗
William E. MitchellDirector2026-07-15A67.8151,000CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-07-15A67.8151,000CommonForm 4 ↗
Daniel O. Landy—2026-08-05A75,000151,140,000Derivative, Class A CommonForm 4 ↗
Eugene W. LandyDirector2026-08-05A100,000151,520,000Derivative, Class A CommonForm 4 ↗
Daniel O. Landy—2026-08-06A11,00010106,700CommonForm 4 ↗
Daniel O. Landy—2026-08-06D11,00010106,700Derivative, Class A CommonForm 4 ↗
Daniel O. Landy—2026-08-07A22,40010217,280CommonForm 4 ↗
Daniel O. Landy—2026-08-07D22,40010217,280Derivative, Class A CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-08-10D1,0001414,360Derivative, Class A CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-08-10A1,0001414,360CommonForm 4 ↗
William E. MitchellDirector2026-08-17A64161,000CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-08-17A64161,000CommonForm 4 ↗
Jeffrey A. CarusDirector2026-08-19A500168,230CommonForm 4 ↗
William E. MitchellDirector2026-09-15A67.23151,000CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-09-15A67.23151,000CommonForm 4 ↗
Amy L. ButewiczDirector2026-09-16A1,2641619,693CommonForm 4 ↗
William E. MitchellDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Anna T. ChewDirector2026-09-16A20,83316324,578Derivative, Class A CommonForm 4 ↗
Craig KosterEVP and General Counsel2026-09-16A50,00016779,000Derivative, Class A CommonForm 4 ↗
Brett TaftEVP and COO2026-09-16A50,00016779,000Derivative, Class A CommonForm 4 ↗
Jeffrey A. CarusDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Todd J. ClarkDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Matthew I. HirschDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Stuart D. LevyDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Angela D. PruittDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Kenneth K. Quigley JrDirector2026-09-16A1,2641619,693CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-09-16A29,16716454,422Derivative, Class A CommonForm 4 ↗
Michael P. LandyDirector2026-09-16A1,2641619,693CommonForm 4 ↗
William E. MitchellDirector2026-09-25A1,3001519,890CommonForm 4 ↗
Brett TaftEVP and COO2026-10-06A10,27300CommonForm 4 ↗
Samuel A. LandyDirector2026-10-06A71,46300CommonForm 4 ↗
Craig KosterEVP and General Counsel2026-10-06A8,71000CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-10-06A6,78100CommonForm 4 ↗
William E. MitchellDirector2026-10-15A68.38151,000CommonForm 4 ↗
Kevin S. MillerEVP, CFO, Treasurer2026-10-15A68.38151,000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
A. LandyRSU2025-01-07——29,304—$533,333
A. LandyPSU2025-01-0714,65229,304—58,608533,333
Craig KosterOPTION2025-06-16——50,000—168,500
Anna ChewPSU2025-01-0711,44722,894—45,788416,667
Brett TaftPSU2025-01-072,1064,212—8,42576,667
Brett TaftRSU2025-01-07——4,212—76,667
A. LandyPSU2025-01-0714,65129,303—58,608533,334
Anna ChewRSU2025-01-07——22,894—416,667
Craig KosterRSU2025-01-07——3,571—65,000
Craig KosterPSU2025-01-071,7863,571—7,14365,000
Brett TaftPSU2025-01-072,1054,211—8,42576,666
Samuel A. LandyPSU2025-01-07—58,608—58,608533,333
Samuel A. LandyRSU2025-01-07——29,304—533,333
Samuel A. LandyPSU2025-01-07—58,608—58,608533,334
Anna ChewOPTION2025-06-16——50,000—168,500
Brett TaftOPTION2025-06-16——50,000—168,500
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
A. Landy$533,333$1,066,667$066.7%
Craig Koster65,00065,000168,50021.8%
Anna Chew416,667416,667168,50041.6%
Brett Taft76,667153,333168,50038.5%
Samuel A. Landy533,3331,066,667066.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Anna ChewPSU27,839—$442,918
LandyRSU32,820—522,166
Craig KosterRSU1,000—15,910
Anna ChewRSU26,280—418,115
Anna ChewOption10,00022.57—
Brett TaftOption10,00022.57—
Craig KosterRSU1,446—22,998
LandyOption40,00018.52—
LandyPSU35,634—566,937
LandyPSU35,579—566,062
LandyPSU35,379—566,062
Anna ChewPSU27,796—442,234
LandyRSU17,817—283,461
LandyRSU17,320—275,561
Anna ChewRSU13,919—221,451
Anna ChewRSU13,880—220,831
LandyRSU11,860—188,693
LandyRSU10,940—174,055
Anna ChewRSU9,266—147,414
Brett TaftPSU5,115—81,380
Anna ChewRSU8,760—139,372
Brett TaftPSU5,122—81,491
Craig KosterPSU4,343—69,097
Brett TaftRSU2,562—40,753
Craig KosterRSU2,172—34,549
Craig KosterPSU4,336—68,986
Craig KosterRSU3,000—47,730
Brett TaftRSU3,000—47,730
Craig KosterRSU2,000—31,820
Brett TaftRSU2,000—31,820
Brett TaftRSU1,705—27,119
Brett TaftRSU1,000—15,910
LandyOption20,00022.57—
Craig KosterOption15,60023.81—
LandyOption45,00014.36—
LandyOption80,00015.66—
LandyOption100,00016.86—
LandyOption17,70014.36—
Anna ChewOption15,60023.81—
Anna ChewOption45,00014.36—
Brett TaftOption40,00015.66—
Anna ChewOption40,00015.66—
Anna ChewOption50,00016.86—
Craig KosterOption10,00022.57—
Craig KosterOption45,00014.36—
Craig KosterOption40,00015.66—
Craig KosterOption50,00016.86—
Brett TaftOption15,60023.81—
Brett TaftOption45,00014.36—
Brett TaftOption50,00016.86—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Committee believes that a well-designed compensation program should align the goals of the NEOs with the goals of the shareholders, and that a significant part of each executive’s compensation, over the long term, should be dependent upon the value created for shareholders. The program is designed to attract, retain, and motivate executives through competitive compensation, reward individual accomplishments, and link a portion of compensation to the achievement of the Company’s business plan using measurements of operating results and shareholder return.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantKorn Ferry
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2766,658,5862,107,999940,18396.93%Passed
20252025-05-2861,841,0584,118,232394,25993.76%Passed
20242024-05-2947,812,5175,944,194137,60488.94%Passed
20232023-05-3143,618,2872,107,516282,94395.39%Passed
20202020-06-1129,071,7901,923,226162,82293.8%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2796.93%a
20252025-05-2893.76%b
20242024-05-2988.94%c

a. Approved under the standard stated in the filing — “However, abstentions will have no effect on any of the items to be considered at the Annual Meeting.”.

b. Approved under the standard stated in the filing — “Abstentions are counted as present for determining a quorum. However, abstentions will have no effect on any of the items to be considered at the Annual Meeting.”.

c. Approved under the standard stated in the filing — “Abstentions are counted as present for determining a quorum. However, abstentions will have no effect on any of the items to be considered at the Annual Meeting.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)59 : 1
CEO total compensation$2,909,784
Median employee compensation$49,596
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William E. MitchellIndependent · Compensation Committee · Nominating and Corporate Responsibility Committee$90,756$74,998$40,440——$206,194
Kenneth K. QuigleyIndependent · Audit Committee · Compensation Committee · Partial-year service90,75274,99840,440——206,190
Kenneth K. Quigley, JrIndependent · Audit · Compensation · Nominating and Corporate Responsibility90,75274,99840,44000206,190
Matthew I. HirschIndependent · Audit Committee · Nominating and Corporate Responsibility Committee83,65274,99840,440——199,090
Stuart D. LevyIndependent · Audit Committee · Nominating and Corporate Responsibility Committee83,65074,99840,440——199,088
Jeffrey A. CarusIndependent · Audit Committee · Compensation Committee · Retirement Plan Committee82,14274,99840,440——197,580
Angela D. Pruitt-MarriottIndependent · Compensation Committee · Retirement Plan Committee78,65474,99840,440——194,092
Michael P. LandyIndependent · Retirement Plan Committee72,60074,99840,440——188,038
Amy L. ButewiczIndependent · Nominating and Corporate Responsibility Committee72,60074,99840,440——188,038
Kiernan ConwayIndependent37,81437,50540,440——115,759
Todd J. ClarkIndependent · Partial-year service30,25018,7440——48,994
Anna T. ChewEmployee director—————0
Eugene W. LandyEmployee director · Board Chair—————0
Samuel A. LandyEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$60,500
Annual equity retainer$60,500
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)24,200 / 18,150 / 12,100
Stock ownership guideline$181,500
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$813,622
Equity awards (grant-date value)$731,231
All other compensation$0
Total cost of the board$1,544,853

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies UMH PROPERTIES, INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including UMH PROPERTIES, INC..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1CareTrust REIT Inc.2025David Sedgwick$1,000,000$1,242,022$0$7,750,000$10,002,522
2Essential Properties Realty Trust, Inc.2025Peter Mavoides800,0006,853,00001,950,0009,634,000
3Armada Hoffler Properties, Inc.2025Shawn Tibbetts672,3854,411,4280953,2506,091,906
4Broadstone Net Lease, Inc.2025John Moragne600,0003,918,50601,187,7706,065,001
5Terreno Realty Corporation2025W. Blake Baird800,0004,603,498005,413,998
6Independence Realty Trust Inc.2025Scott Schaeffer800,0002,825,67501,127,2625,266,937
7American Assets Trust, Inc.2025Adam Wyll750,0002,228,9160952,5004,806,038
8LTC Properties, Inc.2025Pamela Shelley-Kessler650,0002,250,00001,117,1884,027,538
9Elme Communities2024Paul McDermott750,0002,081,6710990,0003,980,371
10National Health Investors, Inc.2025D. Eric Mendelsohn700,000586,720705,5751,650,0003,652,795
11Centerspace2025Anne Olson600,0001,391,37801,096,3193,105,197
12UMH PROPERTIES, INC.2025Samuel Landy842,6001,599,9980315,7502,909,784
13Community Healthcare Trust Inc.2025David Dupuy666,6681,147,502002,448,171
14City Office REIT Inc.2024James Farrar525,0001,054,368002,326,635

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
UMH PROPERTIES, INC.not disclosedMSU 34 · RSU 33 · PSU 33Yes — Relative TSR vs MSCI US REIT IndexKorn Ferry
American Assets Trust, Inc.191%PSU 100Yes — Relative Total Shareholder Return (TSR) vs. S&P 600 Real Estate Indexnot disclosed
Armada Hoffler Properties, Inc.not disclosedLTIP Units 100Yes — Relative TSR Performance v. Custom Peer GroupFerguson Partners
Broadstone Net Lease, Inc.198%not disclosedYes — Relative Total Shareholder Return vs rTSR Peer GroupFerguson Partners Consulting, L.P.
CareTrust REIT Inc.310%PSU 50 · RSU 50Yes — Relative TSRPearl Meyer
Centerspace182.7%RSU 50 · PSU 50Yes — TSR relative to FTSE Nareit Equity IndexFerguson Partners Consulting L.P.
City Office REIT Inc.not disclosedPRSU 60 · RSU 40Nonot disclosed
Community Healthcare Trust Inc.62%not disclosedYes — Relative TSR vs. Peer GroupFerguson Partners Consulting
Elme Communitiesnot disclosedPSU 60 · RSU 40NoFerguson Partners Consulting L.P.
Essential Properties Realty Trust, Inc.163%PRSU 60 · RSU 40Yes — Relative TSRFerguson Partners Consulting L.P.
Independence Realty Trust Inc.203.4%PSU 75 · RSU 25Yes — Relative 3-year TSRnot disclosed
LTC Properties, Inc.137.5%RSU 50 · PSU 50Yes — Absolute TSRFrederic W. Cook & Co., Inc.
National Health Investors, Inc.150%RSU 50 · PSU 50Yes — TSR vs. MSCI US REIT IndexFerguson Partners
Terreno Realty Corporationnot disclosedPSU 65 · RSU 35Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at UMH PROPERTIES, INC. in fiscal 2025?
As disclosed, Samuel Landy (President and Chief Executive Officer) was the highest-paid executive at UMH PROPERTIES, INC. in fiscal 2025, with total compensation of $2,909,784.
How does UMH PROPERTIES, INC.'s chief executive pay compare to its disclosed peer group?
As disclosed, Samuel Landy's total compensation ranked at the 15th percentile of UMH PROPERTIES, INC.'s disclosed peer group.
What is UMH PROPERTIES, INC.'s CEO-to-median employee pay ratio?
As disclosed, UMH PROPERTIES, INC.'s CEO-to-median employee pay ratio was 59:1.
How did shareholders vote on UMH PROPERTIES, INC.'s executive compensation?
As disclosed, 96.93% of shareholders supported UMH PROPERTIES, INC.'s executive compensation in the latest say-on-pay vote.
How much does UMH PROPERTIES, INC. spend in total on board compensation for fiscal 2025?
As disclosed, UMH PROPERTIES, INC. reported total board compensation of $1,544,853 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Samuel LandyDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation”. As printed: 2,909,784. Filing ↗machine: r6 · c31 · span 608102–608111
2Section 01, Anna ChewDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation”. As printed: 2,432,448. Filing ↗machine: r10 · c31 · span 621544–621553
3Section 01, Craig KosterDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation”. As printed: 1,003,025. Filing ↗machine: r14 · c31 · span 635009–635018
4Section 01, Brett TaftDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation”. As printed: 986,493. Filing ↗machine: r18 · c31 · span 648443–648450
5Section 01, Eugene LandyDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation”. As printed: 782,115. Filing ↗machine: c31 · span 594677–594684
6Section 03, A. Landy RSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r7 · c43 · span 698405–698412
7Section 03, A. Landy PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r7 · c43 · span 698405–698412
8Section 03, Craig Koster OPTIONDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t91 · r14 · c19 · span 633816–633823
9Section 03, Anna Chew PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r11 · c43 · span 716329–716336
10Section 03, Brett Taft PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r21 · c43 · span 761107–761113
11Section 03, Brett Taft RSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r21 · c43 · span 761107–761113
12Section 03, A. Landy PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r9 · c43 · span 707359–707366
13Section 03, Anna Chew RSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r11 · c43 · span 716329–716336
14Section 03, Craig Koster RSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r16 · c43 · span 738713–738719
15Section 03, Craig Koster PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r16 · c43 · span 738713–738719
16Section 03, Brett Taft PSUDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t95 · r23 · c43 · span 770081–770087
17Section 03, Samuel A. Landy PSUDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 702882–702889
18Section 03, Samuel A. Landy RSUDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 698405–698412
19Section 03, Samuel A. Landy PSUDEF 14A2026-04-170001493152-26-017167Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 707359–707366
20Section 03, Anna Chew OPTIONDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t91 · r10 · c19 · span 620351–620358
21Section 03, Brett Taft OPTIONDEF 14A2026-04-170001493152-26-017167Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t91 · r18 · c19 · span 647251–647258
22Section 07, pay ratioDEF 14A2026-04-170001493152-26-017167Section “CEO Pay Ratio”. As printed: 59 : 1. Filing ↗
23Section 08, William E. MitchellDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 206,194. Filing ↗machine: span 1165999–1166070
24Section 08, Kenneth K. QuigleyDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 206,190. Filing ↗machine: span 1170118–1170189
25Section 08, Kenneth K. Quigley, JrDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 206,190. Filing ↗machine: span 1170118–1170189
26Section 08, Matthew I. HirschDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 199,090. Filing ↗machine: span 1160540–1160611
27Section 08, Stuart D. LevyDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 199,088. Filing ↗machine: span 1164176–1164247
28Section 08, Jeffrey A. CarusDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 197,580. Filing ↗machine: span 1155151–1155222
29Section 08, Angela D. Pruitt-MarriottDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 194,092. Filing ↗machine: span 1167843–1167914
30Section 08, Michael P. LandyDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 188,038. Filing ↗machine: span 1162347–1162418
31Section 08, Amy L. ButewiczDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 188,038. Filing ↗machine: span 1153319–1153390
32Section 08, Kiernan ConwayDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 115,759. Filing ↗machine: span 1158708–1158779
33Section 08, Todd J. ClarkDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 48,994. Filing ↗machine: span 1156929–1156999
34Section 08, Anna T. ChewDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 0. Filing ↗
35Section 08, Eugene W. LandyDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 0. Filing ↗
36Section 08, Samuel A. LandyDEF 14A2026-04-170001493152-26-017167Section “Director Compensation”. As printed: 0. Filing ↗
37Section 02, Samuel A. Landy 2026-05-06Form 42026-05-070000752642-26-000058Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, William E. Mitchell 2026-06-02Form 42026-06-030000752642-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Jeffrey A. Carus 2026-06-10Form 42026-06-110000752642-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Todd J. Clark 2026-06-10Form 42026-06-110000752642-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Amy L. Butewicz 2026-06-10Form 42026-06-110000752642-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Kenneth K. Quigley Jr 2026-06-10Form 42026-06-110000752642-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Matthew I. Hirsch 2026-06-10Form 42026-06-110000752642-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Michael P. Landy 2026-06-10Form 42026-06-110000752642-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Stuart D. Levy 2026-06-10Form 42026-06-110000752642-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, William E. Mitchell 2026-06-10Form 42026-06-110000752642-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Angela D. Pruitt 2026-06-10Form 42026-06-110000752642-26-000064Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Kevin S. Miller 2026-06-15Form 42026-06-170000752642-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, William E. Mitchell 2026-07-15Form 42026-07-160000752642-26-000088Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Kevin S. Miller 2026-07-15Form 42026-07-160000752642-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Daniel O. Landy 2026-08-05Form 42026-08-060000752642-26-000089Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Eugene W. Landy 2026-08-05Form 42026-08-060000752642-26-000090Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Daniel O. Landy 2026-08-06Form 42026-08-100000752642-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Daniel O. Landy 2026-08-06Form 42026-08-100000752642-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Daniel O. Landy 2026-08-07Form 42026-08-100000752642-26-000092Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Daniel O. Landy 2026-08-07Form 42026-08-100000752642-26-000092Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Kevin S. Miller 2026-08-10Form 42026-08-100000752642-26-000093Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Kevin S. Miller 2026-08-10Form 42026-08-100000752642-26-000093Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, William E. Mitchell 2026-08-17Form 42026-08-190000752642-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Kevin S. Miller 2026-08-17Form 42026-08-190000752642-26-000094Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Jeffrey A. Carus 2026-08-19Form 42026-08-200000752642-26-000096Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, William E. Mitchell 2026-09-15Form 42026-09-160000752642-26-000098Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Kevin S. Miller 2026-09-15Form 42026-09-160000752642-26-000097Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Amy L. Butewicz 2026-09-16Form 42026-09-170000752642-26-000099Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, William E. Mitchell 2026-09-16Form 42026-09-170000752642-26-000105Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Anna T. Chew 2026-09-16Form 42026-09-180000752642-26-000109Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Craig Koster 2026-09-16Form 42026-09-180000752642-26-000110Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Brett Taft 2026-09-16Form 42026-09-180000752642-26-000111Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Jeffrey A. Carus 2026-09-16Form 42026-09-170000752642-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Todd J. Clark 2026-09-16Form 42026-09-170000752642-26-000101Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Matthew I. Hirsch 2026-09-16Form 42026-09-170000752642-26-000102Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Stuart D. Levy 2026-09-16Form 42026-09-170000752642-26-000104Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Angela D. Pruitt 2026-09-16Form 42026-09-170000752642-26-000106Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Kenneth K. Quigley Jr 2026-09-16Form 42026-09-170000752642-26-000107Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Kevin S. Miller 2026-09-16Form 42026-09-180000752642-26-000108Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Michael P. Landy 2026-09-16Form 42026-09-170000752642-26-000103Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, William E. Mitchell 2026-09-25Form 42026-09-250000752642-26-000112Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Brett Taft 2026-10-06Form 42026-10-080000752642-26-000130Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Samuel A. Landy 2026-10-06Form 42026-10-080000752642-26-000129Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Craig Koster 2026-10-06Form 42026-10-080000752642-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Kevin S. Miller 2026-10-06Form 42026-10-080000752642-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, William E. Mitchell 2026-10-15Form 42026-10-160000752642-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Kevin S. Miller 2026-10-15Form 42026-10-160000752642-26-000131Insider equity transaction reported since the proxy statement. Filing ↗
84Section 06, 2026 voteForm 8-K2026-05-270001493152-26-025438Item 5.07 · say-on-pay result. As reported: 96.93% (votes for as printed: 66,658,586). Filing ↗
85Section 06, 2025 voteForm 8-K2025-05-290001641172-25-012863Item 5.07 · say-on-pay result. As reported: 93.76% (votes for as printed: 61,841,058). Filing ↗
86Section 06, 2024 voteForm 8-K2024-05-300001493152-24-021981Item 5.07 · say-on-pay result. As reported: 88.94% (votes for as printed: 47,812,517). Filing ↗
87Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
88Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
89Section 09b board cost (computed)Computed——Cash 813,622 + equity 731,231 + all other 0 = 1,544,853, summed across the director compensation table rows.machine: formula: Σ = 1,544,853
90CareTrust REIT Inc., Section 10b CEO totalDEF 14A2026-03-130001628280-26-017386CEO total compensation as printed in CareTrust REIT Inc.'s own proxy. As printed: 10,002,522. Filing ↗machine: r3 · c21 · span 586779–586789
91Essential Properties Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-03-310001193125-26-134683CEO total compensation as printed in Essential Properties Realty Trust, Inc.'s own proxy. As printed: 9,634,000. Filing ↗machine: span 537248–537253
92Armada Hoffler Properties, Inc., Section 10b CEO totalDEF 14A2026-04-300001569187-26-000061CEO total compensation as printed in Armada Hoffler Properties, Inc.'s own proxy. As printed: 6,091,906. Filing ↗machine: span 682444–682453
93Broadstone Net Lease, Inc., Section 10b CEO totalDEF 14A2026-03-200001424182-26-000025CEO total compensation as printed in Broadstone Net Lease, Inc.'s own proxy. As printed: 6,065,001. Filing ↗machine: span 1494368–1494377
94Terreno Realty Corporation, Section 10b CEO totalDEF 14A2026-03-200001193125-26-116759CEO total compensation as printed in Terreno Realty Corporation's own proxy. As printed: 5,413,998. Filing ↗machine: t94 · r2 · c23 · span 345620–345629
95Independence Realty Trust Inc., Section 10b CEO totalDEF 14A2026-03-190001437749-26-009071CEO total compensation as printed in Independence Realty Trust Inc.'s own proxy. As printed: 5,266,937. Filing ↗machine: t171 · r1 · c25 · span 836781–836790
96American Assets Trust, Inc., Section 10b CEO totalDEF 14A2026-04-100001500217-26-000023CEO total compensation as printed in American Assets Trust, Inc.'s own proxy. As printed: 4,806,038. Filing ↗machine: r5 · c54 · span 545070–545079
97LTC Properties, Inc., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040921CEO total compensation as printed in LTC Properties, Inc.'s own proxy. As printed: 4,027,538. Filing ↗machine: r7 · c20 · span 1255138–1255147
98Elme Communities, Section 10b CEO totalDEF 14A2025-04-170000104894-25-000041CEO total compensation as printed in Elme Communities's own proxy. As printed: 3,980,371. Filing ↗machine: r3 · c27 · span 631991–632000
99National Health Investors, Inc., Section 10b CEO totalDEF 14A2026-04-030000877860-26-000098CEO total compensation as printed in National Health Investors, Inc.'s own proxy. As printed: 3,652,795. Filing ↗machine: r2 · c30 · span 507264–507273
100Centerspace, Section 10b CEO totalDEF 14A2026-04-030000798359-26-000029CEO total compensation as printed in Centerspace's own proxy. As printed: 3,105,197. Filing ↗machine: t47 · r7 · c7 · span 589259–589268
101UMH PROPERTIES, INC. (subject), Section 10b CEO totalDEF 14A2026-04-170001493152-26-017167CEO total compensation as printed in UMH PROPERTIES, INC.'s own proxy. As printed: 2,909,784. Filing ↗machine: r6 · c31 · span 608102–608111
102Community Healthcare Trust Inc., Section 10b CEO totalDEF 14A2026-03-120001631569-26-000021CEO total compensation as printed in Community Healthcare Trust Inc.'s own proxy. As printed: 2,448,171. Filing ↗machine: r5 · c24 · span 606124–606133
103City Office REIT Inc., Section 10b CEO totalDEF 14A2025-03-120001193125-25-052437CEO total compensation as printed in City Office REIT Inc.'s own proxy. As printed: 2,326,635. Filing ↗machine: r2 · c22 · span 458462–458471
104Section 10a, American Assets Trust, Inc. reciprocityDEF 14A—0001500217-26-000023American Assets Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
105Section 10a, Broadstone Net Lease, Inc. reciprocityDEF 14A—0001424182-26-000025Broadstone Net Lease, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
106Section 10a, City Office REIT Inc. reciprocityDEF 14A—0001193125-24-066345City Office REIT Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
107Section 10a, Essential Properties Realty Trust, Inc. reciprocityDEF 14A—0001193125-26-134683Essential Properties Realty Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
108Section 10a, Independence Realty Trust Inc. reciprocityDEF 14A—0001466085-25-000037Independence Realty Trust Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
109Section 10a, LTC Properties, Inc. reciprocityDEF 14A—0001104659-26-040921LTC Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
110Section 10a, Terreno Realty Corporation reciprocityDEF 14A—0001193125-26-116759Terreno Realty Corporation's most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
111Section 10a, Armada Hoffler Properties, Inc. reciprocityDEF 14A—0001569187-26-000061Armada Hoffler Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
112Section 10a, Community Healthcare Trust Inc. reciprocityDEF 14A—0001631569-26-000021Community Healthcare Trust Inc. names UMH PROPERTIES, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
113Section 10a, National Health Investors, Inc. reciprocityDEF 14A—0000877860-26-000098National Health Investors, Inc.'s most recent proxy was read; its disclosed peer group does not include UMH PROPERTIES, INC.. Filing ↗
114Section 10a, Elme Communities reciprocityDEF 14A—0000104894-25-000041Elme Communities names UMH PROPERTIES, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗

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