{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-016341","form_type":"8-K","ticker":"UMH","cik":"0000752642","company_name":"UMH PROPERTIES, INC.","filed_at":"2023-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.164176+00:00","generated_at":"2026-06-17T06:41:58.833263+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"UMH Properties enters into $150M ATM equity distribution agreement, terminates prior $19.8M unsold ATM","bullets":["New equity distribution agreement allows sales of common stock up to $150M aggregate sales price.","Company terminated prior ATM program with approximately $19.8M remaining unsold upon entry.","Distribution agents include BMO, J.P. Morgan, B. Riley, Compass Point, Janney Montgomery; commissions up to 2%.","Net proceeds for working capital, manufactured home purchases, community expansion, acquisitions, debt repayment.","Shares sold under existing effective shelf registration statement (File No. 333-238321) and new prospectus supplement."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-016341","json":"https://secwatch.observer/filing/0001140361-23-016341.json","markdown":"https://secwatch.observer/filing/0001140361-23-016341.md","text":"https://secwatch.observer/filing/0001140361-23-016341.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752642/000114036123016341/0001140361-23-016341-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752642/000114036123016341/ny20008523x1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:41:58.833263+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3aaf3894449f9dadf9a9b99b1662ea840407dfed","claim":"UMH PROPERTIES, INC. entered into Distribution Agreement with BMO Capital Markets Corp., J.P. Morgan Securities LLC , B. Riley Securities, Inc., Compass Point Research & Trading, LLC, and Janney Montgomery Scott LLC valued at up to $150,000,000 (effective 2023-04-04).","evidence_excerpt":"On April 4, 2023, UMH Properties, Inc. (the “Company”) entered into an equity distribution agreement (the “Distribution Agreement”) with BMO Capital Markets Corp., J.P. Morgan Securities LLC , B. Riley Securities, Inc., Compass Point Research & Trading, LLC, and Janney Montgomery Scott LLC, as distribution agents (the “Distribution Agents”) under which the Company may offer and sell shares of the Company’s common stock, $0.10 par value per share (the “Common Stock”), having an aggregate sales price of up to $150,000,000 from time to time through the Distribution Agents, as agents or principals.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/752642/000114036123016341/0001140361-23-016341-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"BMO Capital Markets Corp., J.P. Morgan Securities LLC , B. Riley Securities, Inc., Compass Point Research & Trading, LLC, and Janney Montgomery Scott LLC"},{"label":"Value","value":"up to $150,000,000"},{"label":"Effective","value":"2023-04-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}