Eric Brandon Robinson - 26 Sep 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
26 Sep 2025
Net transactions value
-$490,000
Form type
4
Filing time
14 Oct 2025, 17:31:41 UTC
Previous filing
03 Oct 2025
Next filing
16 Oct 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 14 Oct 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 +400,000 +182% 619,754 26 Sep 2025 Direct F1
transaction HOVR Class A Ordinary Shares, without par value Tax liability $490,000 -143,275 -23% $3.42 467,479 09 Oct 2025 Direct
holding HOVR Class A Ordinary Shares, without par value 1,612,510 26 Sep 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 Share Units Options Exercise $0 -400,000 -100% $0.000000 0 26 Sep 2025 Class A Ordinary Shares, without par value 400,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one Class A ordinary share, without par value, of New Horizon Aircraft Ltd. (the "Company"). The performance share units vested in full on the date the Company achieved a market capitalization of $100,000,000.
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.