---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-001286"
form_type: "8-K"
ticker: "UMH"
cik: "0000752642"
company_name: "UMH PROPERTIES, INC."
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:45:05.542767+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UMH Properties establishes $100M at-the-market offering of 6.375% Series D Preferred Stock

## Summary
- Entered into ATM Sales Agreement with B. Riley Securities to sell up to $100M of 6.375% Series D Cumulative Redeemable Preferred Stock.
- Replaces previous ATM program for Series C and Series D preferred stock from July 2020.
- Proceeds intended for working capital, manufactured home purchases, community expansion, acquisitions, or debt repayment.
- Commission of up to 2.0% of gross proceeds payable to B. Riley Securities.
- Offering terminates upon sale of all shares or termination of agreement by either party.

## SEC filing metadata
- accession: 0001140361-23-001286
- form_type: 8-K
- ticker: UMH
- cik: 0000752642
- company_name: UMH PROPERTIES, INC.
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/752642/000114036123001286/0001140361-23-001286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/752642/000114036123001286/ny20006685x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-001286
- JSON: https://secwatch.observer/filing/0001140361-23-001286.json
- Plain text: https://secwatch.observer/filing/0001140361-23-001286.txt

## Key facts
- Material Agreements
  UMH PROPERTIES, INC. entered into Sales Agreement with B. Riley Securities, Inc. valued at up to $100,000,000 (effective 2023-01-10).
  - Action: entry
  - Agreement: atm program
  - Counterparty: B. Riley Securities, Inc.
  - Value: up to $100,000,000
  - Effective: 2023-01-10
  source text: On January 10, 2023, UMH Properties, Inc. (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc., as distribution agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/752642/000114036123001286/0001140361-23-001286-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.