UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Retirement of Anna T. Chew, Executive Vice President, Chief Financial Officer and Treasurer
On May 28, 2026, UMH Properties, Inc. (the “Company”) announced that effective June 1, 2026, Anna T. Chew will retire from the role of the Company’s Executive Vice President, Chief Financial Officer (“CFO”) and Treasurer. In connection with the transition of her role, Ms. Chew will remain an employee with UMH in an advisory role to support a smooth transition of the CFO responsibilities. Ms. Chew will also remain a member of the Company’s Board of Directors. Ms. Chew’s retirement is not the result of any disagreements related to the Company’s financial policies, including any accounting principles and practices, or related to any financial statements or disclosures.
Appointment of Kevin S. Miller, Executive Vice President, Chief Financial Officer and Treasurer
Effective as of June 1, 2026, upon Ms. Chew’s retirement, Kevin S. Miller has been named by the Board as Ms. Chew’s successor as Executive Vice President, CFO and Treasurer. Mr. Miller is a Certified Public Accountant and has been serving as the CFO of the UMH OZ Fund, LLC, an opportunity zone fund in which UMH holds a majority interest, since October 2022. Prior to joining the Company, Mr. Miller served as the CFO of Monmouth Real Estate Investment Corporation for ten years, Assistant Controller of Forest City Ratner Companies for seven years and as an Audit Manager for twelve years at PKF O’Connor Davies. Mr. Miller will receive an annual base compensation of $430,000. The terms of an employment agreement are currently being negotiated with Mr. Miller.
The Company’s press release describing Ms. Chew’s retirement and Mr. Miller’s appointment is attached as Exhibit 99.1 hereto and is incorporated by reference herein.
Mr. Miller does not have any family relationships with any of the Company’s directors or executive officers and is not a party to any transactions listed in Item 404(a) of Regulation S-K. Further, no arrangement or understanding exists between Mr. Miller or any other person pursuant to which Mr. Miller was selected as Executive Vice President, CFO and Treasurer.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| 99 | Press Release dated May 28, 2026 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
| 2 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UMH Properties, Inc. | ||
| Date: May 29, 2026 | By: | /s/ Anna T. Chew |
| Name: | Anna T. Chew | |
Executive Vice President and Chief Financial Officer | ||
| 3 |
Exhibit 99
UMH PROPERTIES, INC. ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
FREEHOLD, NJ, May 28, 2026 UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, today announced that effective Monday, June 1, 2026, Anna T. Chew, Executive Vice President, Chief Financial Officer (CFO) and Treasurer, has elected to retire after a successful and distinguished 35 years with the company, including over 31 years as CFO. Although Ms. Chew will retire as CFO, she will remain an employee with UMH in an advisory role to support a smooth transition of the CFO responsibilities. Ms. Chew will also remain a member of the Company’s Board of Directors.
Kevin S. Miller has been named by the Board as Ms. Chew’s successor as CFO to take effect on June 1, 2026, upon Ms. Chew’s retirement. Mr. Miller is a Certified Public Accountant and has been serving as the CFO of the UMH OZ Fund, LLC, an opportunity zone fund in which UMH holds a majority interest, since October 2022. Prior to joining the Company, Mr. Miller served as the CFO of Monmouth Real Estate Investment Corporation for ten years, Assistant Controller of Forest City Ratner Companies for seven years and as an Audit Manager for twelve years at PKF O’Connor Davies.
Samuel A. Landy, President and Chief Executive Officer of UMH, commented, “I’m incredibly grateful to Anna for her many contributions to UMH during her more than three decade career with us, including her integral part in growing UMH from having a net market capitalization of under $15 million to over $1.3 billion today and increasing the number of communities we own and operate from 20 to now 145. When Anna began her career at UMH, our annual revenue was under $10 million and our total market capitalization was under $37 million. Under her leadership, she helped grow the company to the point where we now have annual revenue over $260 million and a total market capitalization of over $2.3 billion. Anna has always operated with the long-term interest of the company in mind and we are stronger because of her efforts and leadership. We also greatly appreciate her commitment to ensuring a smooth and successful CFO transition in her advisory role and remaining a valued member of our Board of Directors.
“Kevin has brought to UMH a wealth of real estate and public accounting experience,” Mr. Landy continued. “He will continue to be an integral member of our finance team and an asset to our long-term growth plans. We look forward to continuing to work with him.”
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 145 manufactured home communities, containing approximately 27,100 developed homesites, of which 11,200 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate.
Certain statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company’s current expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company’s annual report on Form 10-K and described from time to time in the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Contact: Nelli Madden
732-577-9997
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A NYSE Company: Symbol - UMH
since 1968