J. Larry Sorsby - 14 Dec 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 Dec 2023
Net transactions value
-$3,141,911
Form type
4
Filing time
18 Dec 2023, 17:08:53 UTC
Previous filing
14 Dec 2023
Next filing
09 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Sale $296,805 -1,885 -1.3% $157.46 145,644 14 Dec 2023 Direct F1
transaction HOV Class A Common Stock Sale $1,844,975 -11,752 -8.1% $156.99 133,892 14 Dec 2023 Direct F2
transaction HOV Class A Common Stock Sale $173,867 -1,100 -17% $158.06 5,263 14 Dec 2023 Held by Spouse F3
transaction HOV Class A Common Stock Sale $826,264 -5,263 -100% $156.99 0 14 Dec 2023 Held by Spouse F4
holding HOV Class A Common Stock 15,903 14 Dec 2023 Held by GRAT
holding HOV Class A Common Stock 9,540 14 Dec 2023 Held by Spouse's GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.33 to $157.925 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.325 to $157.32 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.39 to $158.25 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.25 to $157.00 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.