Joseph A. Marengi - 14 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
14 Jun 2024
Net transactions value
-$343,270
Form type
4
Filing time
18 Jun 2024, 18:52:59 UTC
Previous filing
13 Jun 2024
Next filing
26 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Award $0 +1,007 +2.7% $0.000000 37,994 14 Jun 2024 Direct
transaction HOV Class A Common Stock Disposed to Issuer $343,270 -2,323 -6.1% $147.77 35,671 14 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.