Robert B. Coutts - Jun 8, 2023 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role: Director
Signature: Elizabeth D. Tice Attorney-in-Fact
Stock symbol: HOV
Transactions as of: Jun 8, 2023
Transactions value $: -$28,392
Form type: 4
Date filed: 6/12/2023, 06:04 PM
Previous filing: Mar 23, 2023
Next filing: Jun 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOV	Class A Common Stock	Disposed to Issuer	-$28.4K	-312	-0.73%	$91.00	42.3K	Jun 8, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Content

Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.