| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Class A Common Stock | Sale | -$335K | -2.36K | -11.68% | $141.84 | 17.8K | Dec 12, 2023 | Direct | F1 |
| transaction | HOV | Class A Common Stock | Sale | -$488K | -3.46K | -19.4% | $141.08 | 14.4K | Dec 12, 2023 | Direct | F2 |
| transaction | HOV | Class A Common Stock | Sale | -$2.01M | -14.4K | -100% | $139.71 | 0 | Dec 12, 2023 | Direct | F3 |
| holding | HOV | Class A Common Stock | 63.5K | Dec 12, 2023 | Held as trustee of trusts for Esther K. Barry's family | F4, F5 | |||||
| holding | HOV | Class A Common Stock | 51.1K | Dec 12, 2023 | Held as trustee of trusts for Lucy K. Kalian's family | F4, F6 | |||||
| holding | HOV | Class A Common Stock | 63.5K | Dec 12, 2023 | Held as trustee of trusts for Nadia K. Rodriguez's family | F4, F7 | |||||
| holding | HOV | Class A Common Stock | 62.5K | Dec 12, 2023 | Held as trustee of trusts for Sossie K. Najarian's family | F4, F8 | |||||
| holding | HOV | Class A Common Stock | 3.56K | Dec 12, 2023 | Held by trusts for Esther K. Barry's family | F4, F9 | |||||
| holding | HOV | Class A Common Stock | 4.13K | Dec 12, 2023 | Held by trusts for Lucy K. Kalian's family | F4, F10 | |||||
| holding | HOV | Class A Common Stock | 720 | Dec 12, 2023 | Held by trusts for Nadia K. Rodriguez's family | F4, F11 | |||||
| holding | HOV | Class A Common Stock | 720 | Dec 12, 2023 | Held by trusts for Sossie K. Najarian's family | F4, F12 | |||||
| holding | HOV | Class A Common Stock | 668 | Dec 12, 2023 | Held by wife |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Class B Common Stock | Award | $0 | +59K | +20.25% | $0.00 | 350K | Dec 13, 2023 | Class A Common Stock | 59K | Direct | F13, F14, F15, F16 | |
| holding | HOV | Class B Common Stock | 5.33K | Dec 12, 2023 | Class A Common Stock | 5.33K | Held as trustee for daughter Serena | F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 5.33K | Dec 12, 2023 | Class A Common Stock | 5.33K | Held as trustee for son Alexander | F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 160 | Dec 12, 2023 | Class A Common Stock | 160 | Held as trustee of the Alexander Hovnanian Trust | F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 160 | Dec 12, 2023 | Class A Common Stock | 160 | Held as trustee of the Alton Hovnanian Trust | F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 157K | Dec 12, 2023 | Class A Common Stock | 157K | Held as trustee of trust for Reporting Person's family | F13, F16, F17 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Dec 12, 2023 | Class A Common Stock | 25.3K | Held as trustee of trusts for Esther K. Barry's family | F4, F13, F16, F18 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Dec 12, 2023 | Class A Common Stock | 25.3K | Held as trustee of trusts for Lucy K. Kalian's family | F4, F6, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Dec 12, 2023 | Class A Common Stock | 25.3K | Held as trustee of trusts for Nadia K. Rodriguez's family | F4, F7, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Dec 12, 2023 | Class A Common Stock | 25.3K | Held as trustee of trusts for Sossie K. Najarian's family | F4, F13, F16, F19 | ||||||
| holding | HOV | Class B Common Stock | 50.5K | Dec 12, 2023 | Class A Common Stock | 50.5K | Held by Ara K. Hovnanian Family 1994 long-term trusts | F13, F16, F20 | ||||||
| holding | HOV | Class B Common Stock | 5.13K | Dec 12, 2023 | Class A Common Stock | 5.13K | Held by Reporting Person through partnership interests in the Limited Partnership. | F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 38.7K | Dec 12, 2023 | Class A Common Stock | 38.7K | Held by trusts for Esther K. Barry's family | F4, F9, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 42K | Dec 12, 2023 | Class A Common Stock | 42K | Held by trusts for Kevork S. Hovnanian's family | F4, F13, F16, F21 | ||||||
| holding | HOV | Class B Common Stock | 38.8K | Dec 12, 2023 | Class A Common Stock | 38.8K | Held by trusts for Lucy K. Kalian's family | F4, F10, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 22.8K | Dec 12, 2023 | Class A Common Stock | 22.8K | Held by trusts for Nadia K. Rodriguez's family | F4, F11, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 33.3K | Dec 12, 2023 | Class A Common Stock | 33.3K | Held by trusts for Sossie K. Najarian's family | F4, F12, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 812 | Dec 12, 2023 | Class A Common Stock | 812 | Held by wife | F13, F16 |
| Id | Content |
|---|---|
| F1 | Represents the weighted average sales price for price increments ranging from $141.565 to $142.535. 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 $140.55 to $141.55. 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 | Represents the weighted average sales price for price increments ranging from $139.50 to $140.48. 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. |
| F4 | 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 |
| F5 | 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"). |
| F6 | 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 |
| F7 | 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 |
| F8 | 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 |
| 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 |
| F13 | The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") |
| F14 | The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied. |
| F15 | The LTIP award vests as follows: (a) 35,405 shares vest on October 31, 2023, (b) 11,803 shares vest on October 31, 2024, and (c) 11,797 shares vest on October 31, 2025, which shares shall be delivered two years after the respective vesting dates. |
| F16 | No expiration date |
| F17 | Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, including shares held through a limited liability company interest in the Hovnanian Family 2012 LLC (the "2012 LLC") |
| F18 | 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 2012 LLC |
| F19 | Held by trust for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, through a limited liability company interest in the 2012 LLC |
| F20 | Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee |
| F21 | Held by trusts for the benefit of the family of Kevork S. Hovnanian, of which the reporting person is a trustee and has a potential remainder interest |