Ara K. Hovnanian - Jun 27, 2023 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Jun 27, 2023
Transactions value $
-$2,215,976
Form type
4
Date filed
6/28/2023, 06:54 PM
Previous filing
Jun 27, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Sale -$1.4M -14.8K -19.8% $95.03 59.8K Jun 27, 2023 Direct F1
transaction HOV Class A Common Stock Sale -$708K -7.45K -12.47% $95.01 52.3K Jun 28, 2023 Direct F2
transaction HOV Class A Common Stock Sale -$3.29K -34 -0.05% $96.85 63.5K Jun 28, 2023 Held as trustee of trusts for Sossie K. Najarian's family F3, F4
transaction HOV Class A Common Stock Sale -$103K -1.07K -1.68% $96.18 62.5K Jun 28, 2023 Held as trustee of trusts for Sossie K. Najarian's family F3, F4, F5
holding HOV Class A Common Stock 63.5K Jun 27, 2023 Held as trustee of trusts for Esther K. Barry's family F3, F6
holding HOV Class A Common Stock 51.6K Jun 27, 2023 Held as trustee of trusts for Lucy K. Kalian's family F3, F7
holding HOV Class A Common Stock 73.5K Jun 27, 2023 Held as trustee of trusts for Nadia K. Rodriguez's family F3, F8
holding HOV Class A Common Stock 3.56K Jun 27, 2023 Held by trusts for Esther K. Barry's family F3, F9
holding HOV Class A Common Stock 4.13K Jun 27, 2023 Held by trusts for Lucy K. Kalian's family F3, F10
holding HOV Class A Common Stock 720 Jun 27, 2023 Held by trusts for Nadia K. Rodriguez's family F3, F11
holding HOV Class A Common Stock 720 Jun 27, 2023 Held by trusts for Sossie K. Najarian's family F3, F12
holding HOV Class A Common Stock 668 Jun 27, 2023 Held by wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price for price increments ranging from $95.00 to $95.29. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F2 Represents the weighted average sales price for price increments ranging from $95.00 to $95.205. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F3 The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
F4 Held by trusts for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F5 Represents the weighted average sales price for price increments ranging from $95.83 to $96.81. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F6 Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the Hovnanian Family 2012 LLC (the "2012 LLC").
F7 Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F8 Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F9 Held by The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F10 Held by The Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F11 Held by The Nadia K. Rodriguez Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F12 Held by The Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest