J. Larry Sorsby - 31 Oct 2025 Form 4/A - Amendment Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role: Director
Signature: Elizabeth D. Tice Attorney-in-Fact
Issuer symbol: HOV
Transactions as of: 31 Oct 2025
Net transactions value: -$6,574,155
Form type: 4/A - Amendment
Filing time: 18 Dec 2025, 11:21:40 UTC
Date Of Original Report: 04 Nov 2025
Previous filing: 17 Jun 2025
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
SORSBY J LARRY	Director	C/O HOVNANIAN ENTERPRISES, INC., 90 MATAWAN ROAD, MATAWAN	Elizabeth D. Tice Attorney-in-Fact	18 Dec 2025	0001211054

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOV	Class A Common Stock	Tax liability	$664,271	-5,525	-4%	$120.23	133,354	31 Oct 2025	Direct	F1, F2
transaction	HOV	Class A Common Stock	Options Exercise	$0	+32,331	+24%	$0.000000	165,685	03 Nov 2025	Direct	F1, F3
transaction	HOV	Class A Common Stock	Options Exercise	$0	+29,532	+18%	$0.000000	195,217	03 Nov 2025	Direct	F1, F4
transaction	HOV	Class A Common Stock	Options Exercise	$0	+21,200	+11%	$0.000000	216,417	03 Nov 2025	Direct	F1, F5
transaction	HOV	Class A Common Stock	Tax liability	$5,909,885	-48,311	-22%	$122.33	168,106	03 Nov 2025	Direct	F1
holding	HOV	Class A Common Stock						6,845	31 Oct 2025	Held by GRAT	F1, F2
holding	HOV	Class A Common Stock						3,200	31 Oct 2025	Held by Spouse	F1, F6
holding	HOV	Class A Common Stock						4,056	31 Oct 2025	Held by Spouse's GRAT	F1, F6

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 (2021)	Options Exercise	$0	-21,200	-100%	$0.000000	0	03 Nov 2025	Class A Common Stock	21,200		Direct	F7, F8
transaction	HOV	Performance Share Units (2022)	Options Exercise	$0	-32,331	-100%	$0.000000	0	03 Nov 2025	Class A Common Stock	32,331		Direct	F7, F8
transaction	HOV	Performance Share Units (2023)	Options Exercise	$0	-29,532	-100%	$0.000000	0	03 Nov 2025	Class A Common Stock	29,532		Direct	F7, F8

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

Explanation of Responses:

Id	Content
F1	This Form 4/A amends and restates the original Form 4 filed by the Reporting Person on November 4, 2025 to report the settlement of vested performance share awards on November 3, 2025 and update the beneficial ownership of the Reporting Person after such transactions and a reconciliation of the Reporting Person's records.
F2	Reflects an adjustment to the number of shares beneficially owned by the Reporting Person after a reconciliation of the Reporting Person's records. Reflects a transfer of shares of Class A Common Stock from the Reporting Person's grantor retained annuity trust ("GRAT") to the Reporting Person exempt from reporting under Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F3	Reflects shares of Class A Common Stock received upon settlement of vested Performance Share Units pursuant to the terms of the award granted on June 10, 2022.
F4	Reflects shares of Class A Common Stock received upon settlement of vested Performance Share Units pursuant to the terms of the award granted on June 9, 2023.
F5	Reflects shares of Class A Common Stock received upon settlement of vested Performance Share Units pursuant to the terms of the award granted on June 11, 2021.
F6	Reflects a transfer of shares of Class A Common Stock from the GRAT of the Reporting Person's spouse to the Reporting Person's spouse exempt from reporting under Rule 16a-13 of the Exchange Act.
F7	Vested Performance Share Units convert into Class A Common Stock on a one-for-one basis.
F8	Represents vested Performance Share Units that settled into shares of Class A Common Stock on November 3, 2025, pursuant to the terms of the award.