Robin Stone Sellers - 14 Jun 2023 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Issuer symbol
HOV
Transactions as of
14 Jun 2023
Net transactions value
-$201,041
Form type
4
Filing time
16 Jun 2023, 15:34:22 UTC
Previous filing
13 Jun 2023
Next filing
21 Jun 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 $201,041 -2,034 -7.3% $98.84 25,919 14 Jun 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.