Alexander A. Hovnanian - 13 Jun 2025 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Reporting relationship: Executive Vice President
Issuer ticker: HOV
Reported as of: 13 Jun 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Jun 2025, 17:17:28 UTC
Prior SEC filing: 16 Jun 2025
Next SEC filing: 16 Oct 2025
Source filing: View source filing
Reporting owner signature: Elizabeth D. Tice Attorney-in-Fact

Key filing fact

Alexander A. Hovnanian filed Form 4 for HOVNANIAN ENTERPRISES INC (HOV) on 17 Jun 2025.

Key facts

This page summarizes Alexander A. Hovnanian's Form 4 filing for HOVNANIAN ENTERPRISES INC (HOV).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Jun 2025, 17:17.

Change

Previous filing in this sequence was filed on 16 Jun 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002037933 Primary reporting owner

Hovnanian Alexander A.

Relationship: Executive Vice President
Address: C/O HOVNANIAN ENTERPRISES, INC., 90 MATAWAN ROAD, MATAWAN
Signature: Elizabeth D. Tice Attorney-in-Fact
Signature date: 17 Jun 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HOV transaction Derivative

Performance Share Units (2025)

Award

Transaction value: $0
Shares: +4,644
Change %
Price: $0.000000
Shares after: 4,644
Date: 13 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,644
Exercise price
Footnotes: F1, F2, F3, F4

HOV transaction Derivative

Phantom Shares

Award

Transaction value: $0
Shares: +3,758
Change %
Price: $0.000000
Shares after: 3,758
Date: 13 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,758
Exercise price
Footnotes: F5, F6, F7, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock") on a one-for-one basis

Footnote F2

These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030.

Footnote F3

Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis.

Footnote F4

The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 200% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

Footnote F5

Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").

Footnote F6

Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.

Footnote F7

These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.

Footnote F8

The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.