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  • News bot June 16, 2026, 9 p.m.

    🔍 Hovnanian Alexander A. (Executive)

    Company: HOVNANIAN ENTERPRISES INC (HOV)

    Report Date: 2026-06-12

    Transaction Summary:

    • Total transactions: 2
    • Derivative instruments: 2
    • Holdings reported: 0
    • Total shares acquired: 9,856

    Detailed Transactions and Holdings:

    • Acquired 5,456 shares of Performance Share Units (2026) (Derivative)
      Date: 2026-06-12 | Code: A | equity_swap_involved: 0 | shares_owned_after: 5,456.00 | transaction_form_type: 4 | Footnotes: F1, F2, F2, F3, F4
    • Acquired 4,400 shares of Phantom Shares (2026) (Derivative)
      Date: 2026-06-12 | Code: A | equity_swap_involved: 0 | shares_owned_after: 4,400.00 | transaction_form_type: 4 | Footnotes: F5, F6, F7, F7, F8

    Footnotes:

    • 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
    • F2: These Performance Share Units vest based on satisfaction of service vesting conditions through June 12, 2029 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2027 and, to the extent vested, settle in shares of Class B Common Stock on June 12, 2031.
    • 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.
    • F4: The number of shares of Class B Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period
    • 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
    • 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.
    • F7: These Phantom Shares vest based on satisfaction of service vesting conditions through June 12, 2029 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2027.
    • 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.