FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
LANDY DANIEL O.
(Last) (First) (Middle)
3499 ROUTE 9 NORTH
SUITE 3C
(Street)
FREEHOLD NJ 07728
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UMH PROPERTIES, INC. [ UMH ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) Other (specify below)
EVP and President of OZ Fund
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
UMH Properties, Inc.               83,982.18 D  
UMH Properties, Inc.               45,660.56 I The Landy 2022 Family Trust
UMH Properties, Inc.               37,903 I Juniper Plaza Associates, LTD.
UMH Properties, Inc.               16,220 I Samuel Landy Family LTD Partnership
UMH Properties, Inc.               24,670 I Windsor Industrial Park Associates, LTD.
UMH Properties, Inc. (Preferred D)               900 I Windsor Industrial Park Associates, LTD.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
UMH Properties, Inc. $ 15.66 03/26/2024   A   75,000 (1)   03/26/2025 03/26/2034 UMH Properties, Inc. 75,000 $ 15.66 75,000 D  
UMH Properties, Inc. $ 14.36             03/21/2024 03/21/2033 UMH Properties, Inc. 75,000   75,000 D  
UMH Properties, Inc. $ 23.81             02/08/2023 03/28/2032 UMH Properties, Inc. 78,100   78,100 D  
UMH Properties, Inc. $ 22.57             07/14/2022 07/14/2031 UMH Properties, Inc. 100,000   100,000 D  
UMH Properties, Inc. $ 9.70             03/25/2021 03/25/2030 UMH Properties, Inc. 71,760   71,760 D  
UMH Properties, Inc. $ 13.90             04/02/2020 04/02/2029 UMH Properties, Inc. 100,000   100,000 D  
UMH Properties, Inc. $ 12.94             12/10/2019 12/10/2028 UMH Properties, Inc. 25,000   25,000 D  
UMH Properties, Inc. $ 15.75             07/09/2019 07/09/2028 UMH Properties, Inc. 10,000   10,000 D  
UMH Properties, Inc. $ 13.09             04/02/2019 04/02/2028 UMH Properties, Inc. 1,000   1,000 D  
Explanation of Responses:
1. This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 15,000 shares vesting on 3/26/2025; 15,000 shares vesting on 3/26/2026; 15,000 shares vesting on 3/26/2027; 15,000 shares vesting on 3/26/2028; and 15,000 shares vesting on 3/26/2029.
Nelli Madden 03/28/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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