J. Larry Sorsby - Dec 11, 2024 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Dec 11, 2024
Transactions value $
$0
Form type
4
Date filed
12/13/2024, 07:39 PM
Previous filing
Sep 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Award $0 +9.43K +7.24% $0.00 140K Dec 11, 2024 Direct F1, F2, F3
holding HOV Class A Common Stock 15.9K Dec 11, 2024 Held by GRAT
holding HOV Class A Common Stock 7.26K Dec 11, 2024 Held by Spouse's GRAT F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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
F2 The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.
F3 Reflects 2,284 shares transferred from the Reporting Person's spouse's grantor retained annuity trust to the Reporting Person's spouse's revocable trust. These shares were sold on September 19, 2024 but were inadvertently reported on the Form 4 filed by the Reporting Person on September 2, 2024 as sold by the Reporting Person directly. The Reporting Person's direct ownership has been adjusted to reflect this correction.