ROBERT B. COUTTS - 11 Jun 2024 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Issuer symbol
HOV
Transactions as of
11 Jun 2024
Net transactions value
-$214,283
Form type
4
Filing time
13 Jun 2024, 18:07:55 UTC
Previous filing
16 Jun 2023
Next filing
18 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Disposed to Issuer $83,833 -574 -1.4% $146.05 40,279 11 Jun 2024 Direct F1
transaction HOV Class A Common Stock Disposed to Issuer $130,450 -858 -2.1% $152.04 39,421 12 Jun 2024 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.