FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Taft Brett
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
__X__ Officer (give title below)    _____ Other (specify below)
Chief Operating Officer
(Last)          (First)          (Middle)

3499 ROUTE 9 NORTH, SUITE 3C
3. Date of Earliest Transaction (MM/DD/YYYY)

1/11/2023
(Street)

FREEHOLD, NJ 07728
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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. 1/11/2023  A  5000 (1)A$16.52 66182.87 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
UMH Properties, Inc. $23.81           3/28/2023 3/28/2032 UMH Properties, Inc. 39000  39000 D  
UMH Properties, Inc. $22.57           7/14/2022 7/14/2031 UMH Properties, Inc. 50000  50000 D  
UMH Properties, Inc. $9.7           3/25/2021 3/25/2030 UMH Properties, Inc. 50000  50000 D  
UMH Properties, Inc. $11.42           1/2/2020 1/2/2029 UMH Properties, Inc. 40000  40000 D  
UMH Properties, Inc. $13.09           4/2/2019 4/2/2028 UMH Properties, Inc. 20000  20000 D  
UMH Properties, Inc. $15.04           4/4/2018 4/4/2027 UMH Properties, Inc. 20000  20000 D  
UMH Properties, Inc. $9.77           4/5/2017 4/5/2024 UMH Properties, Inc. 20000  20000 D  

Explanation of Responses:
(1) Restricted Stock Issuance. Vesting Schedule: 20% each year over a five year period commencing on 1/11/2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Taft Brett
3499 ROUTE 9 NORTH
SUITE 3C
FREEHOLD, NJ 07728


Chief Operating Officer

Signatures
Nelli Madden1/12/2023
**Signature of Reporting PersonDate


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).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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