Brad G. O'Connor - 13 Jun 2025 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role: CFO
Signature: Elizabeth D. Tice Attorney-in-Fact
Issuer symbol: HOV
Transactions as of: 13 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2025, 17:17:29 UTC
Previous filing: 16 Jun 2025
Next filing: 04 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
O'Connor Brad G	CFO	C/O HOVNANIAN ENTERPRISES, INC., 90 MATAWAN ROAD, MATAWAN	Elizabeth D. Tice Attorney-in-Fact	17 Jun 2025	0001520206

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HOV	Performance Share Units (2025)	Award	$0	+4,644		$0.000000	4,644	13 Jun 2025	Class A Common Stock	4,644		Direct	F1, F2, F3
transaction	HOV	Phantom Shares	Award	$0	+3,758		$0.000000	3,758	13 Jun 2025	Class A Common Stock	3,758		Direct	F4, F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis
F2	These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.
F3	The number of shares of Class A Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period
F4	Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").
F5	Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.
F6	These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.
F7	The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.