UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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. |
On September 22, 2021, the Board of Directors of UMH Properties, Inc. (the “Company”) approved an increase in the size of the Company’s Board of Directors from 11 to 12 directors and appointed Ms. Angela D. Pruitt as a Class II Director for the term of Class II expiring in 2023. Ms. Pruitt has not yet been appointed to any committees of the Board of Directors.
Ms. Pruitt is an innovative, creative global communications expert with over 20 years of experience, including 16 years at the Wall Street Journal/Dow Jones covering diverse topics and industries such as financial markets, mutual funds, emerging markets, commercial real estate, entertainment, hotels and casinos. Ms. Pruitt leverages journalistic skills to create an impactful brand strategy with in-depth expertise in crisis communications and media relations strategies. Ms. Pruitt possesses a Master’s degree in Public Affairs from Columbia University and a B.A. in Sociology and Mass Communications from the University of California at Berkeley. Currently, Ms. Pruitt is a Crisis Communications Specialist at Sitrick and Company.
In connection with her appointment, Ms. Pruitt will receive the standard compensation payable to directors of the Company, consisting of an annual fee of $45,000 and additional fees for attendance at Board of Directors meetings, as described in the Company’s Proxy Statement dated April 16, 2021, filed with the Securities and Exchange Commission.
There were no material arrangements or understandings, or any material plan or contract, between Ms. Pruitt and any other persons regarding Ms. Pruitt’s appointment. There are no family relationships between Ms. Pruitt and any of the Company’s other directors or executive officers, and the Company has not entered into any transactions with Ms. Pruitt that are reportable pursuant to Item 404(a) of Regulation S-K.
A copy of the press release announcing the appointment of Ms. Pruitt as a Class II Director of the Company is attached to this Current Report on Form 8-K as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. | |
| 99.1 | Press release dated September 23, 2021, announcing the appointment of Ms. Pruitt. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| Date: September 23, 2021 | UMH PROPERTIES, INC. | |
| By: | /s/ Anna T. Chew | |
| Name: | Anna T. Chew | |
| Title: | Vice President, Chief Financial Officer and Treasurer | |
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