Brian Frederick Merker - 30 Jun 2025 Form 4 Insider Report for New Horizon Aircraft Ltd. (HOVR)

Role: Chief Financial Officer
Signature: /s/ Brian Frederick Merker
Issuer symbol: HOVR
Transactions as of: 30 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Jul 2025, 17:12:54 UTC
Previous filing: 10 Jul 2025
Next filing: 29 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Merker Brian Frederick	Chief Financial Officer	C/O NEW HORIZON AIRCRAFT, LTD., 3187 HIGHWAY 35, LINDSAY, ONTARIO, CANADA	/s/ Brian Frederick Merker	02 Jul 2025	0002007928

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOVR	Class A Ordinary Shares without par value	Award	$0	+42,974	+133%	$0.000000	75,325	30 Jun 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The reporting person was granted a short-term incentive cash bonus ("STIP") by the Issuer's board of directors (the "Board") on February 3, 2025 in recognition of the reporting person's performance in his service to the Issuer during 2024, to be paid in the form of equity at a future date. On June 30, 2025, the Board approved the issuance of the Class A ordinary shares issuable pursuant to the STIP at a deemed price per share of $0.61, which was the closing price of the Class A ordinary shares on the date of the grant of the STIP.

Content

The reporting person was granted a short-term incentive cash bonus ("STIP") by the Issuer's board of directors (the "Board") on February 3, 2025 in recognition of the reporting person's performance in his service to the Issuer during 2024, to be paid in the form of equity at a future date. On June 30, 2025, the Board approved the issuance of the Class A ordinary shares issuable pursuant to the STIP at a deemed price per share of $0.61, which was the closing price of the Class A ordinary shares on the date of the grant of the STIP.