Stewart Murray Lee - 26 Sep 2025 Form 4 Insider Report for New Horizon Aircraft Ltd. (HOVR)

Role
Head of People and Strategy
Signature
/s/ Stewart Murray Lee
Issuer symbol
HOVR
Transactions as of
26 Sep 2025
Net transactions value
-$77,001
Form type
4
Filing time
14 Oct 2025, 18:15:22 UTC
Previous filing
29 Aug 2025
Next filing
16 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lee Stewart Murray Head of People and Strategy C/O NEW HORIZON AIRCRAFT LTD., 3187 HIGHWAY 35, LINDSAY, ONTARIO, CANADA /s/ Stewart Murray Lee 14 Oct 2025 0002008126

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 +57,143 +25% 285,337 26 Sep 2025 Direct F1
transaction HOVR Class A Ordinary Shares, without par value Tax liability $77,001 -22,515 -7.9% $3.42 262,822 09 Oct 2025 Direct

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 -57,143 -100% $0.000000 0 26 Sep 2025 Class A Ordinary Shares, without par value 57,143 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.