Eric Brandon Robinson - 11 Jun 2025 Form 4 Insider Report for New Horizon Aircraft Ltd. (HOVR)

Role: Chief Executive Officer, Director
Signature: /s/ Eric Brandon Robinson
Issuer symbol: HOVR
Transactions as of: 11 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 10 Jul 2025, 21:11:40 UTC
Previous filing: 05 Feb 2025
Next filing: 10 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Robinson Eric Brandon	Chief Executive Officer, Director	C/O NEW HORIZON AIRCRAFT, LTD., 3187 HIGHWAY 35, LINDSAY, ONTARIO, CANADA	/s/ Eric Brandon Robinson	10 Jul 2025	0001879194

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOVR	Class A Ordinary Shares without par value	Options Exercise	$0	+100,000	+94%	$0.000000	206,342	11 Jun 2025	Direct	F1
holding	HOVR	Class A Ordinary Shares without par value						2,067,510	11 Jun 2025	Held by Robinson Family Ventures Inc.	F2

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	HOVR	Performance Stock Units	Options Exercise	$0	-100,000	-100%	$0.000000	0	11 Jun 2025	Class A ordinary shares without par value	100,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each performance stock unit represented a contingent right to receive one Class A ordinary share, without par value (each, a "Class A Ordinary Share"). The performance stock units vested in full on the date the Company achieved 100% Total Shareholder Return, defined as the percentage change in the value of the Class A Ordinary Shares over a specified period, calculated as the quotient of (i) the difference between the current share price and the share price on February 3, 2025 (the "Award Date"), divided by (ii) the share price on the Award Date.
F2	The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Content

Each performance stock unit represented a contingent right to receive one Class A ordinary share, without par value (each, a "Class A Ordinary Share"). The performance stock units vested in full on the date the Company achieved 100% Total Shareholder Return, defined as the percentage change in the value of the Class A Ordinary Shares over a specified period, calculated as the quotient of (i) the difference between the current share price and the share price on February 3, 2025 (the "Award Date"), divided by (ii) the share price on the Award Date.

The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.