Hanover Bancorp (HNVR) officer discloses 30,990-share stake with restricted stock

Q: How many Hanover Bancorp (HNVR) shares does Locorriere own?

Michael Patrick Locorriere reports direct ownership of 30,990 shares of Hanover Bancorp Common Stock. This figure represents his total direct position as disclosed in the initial insider ownership filing.

Q: What portion of Locorriere’s HNVR holdings is restricted stock?

Out of the 30,990 shares reported, 5,943 shares are restricted stock subject to vesting terms. These shares typically become fully owned over time as vesting conditions are met.

Q: What is Michael Patrick Locorriere’s role at Hanover Bancorp (HNVR)?

Michael Patrick Locorriere is disclosed as Chief Municipal Officer of Hanover Bancorp. As a company officer, he must report his equity ownership in HNVR through forms like this initial Form 3 filing.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hanover Bancorp, Inc. (HNVR) officer Michael Patrick Locorriere filed an initial ownership report showing he directly holds 30,990 shares of Common Stock. This amount includes 5,943 shares of restricted stock that are subject to vesting terms, meaning a portion of his stake will vest over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Locorriere Michael Patrick

Role Chief Municipal Officer

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 30,990 shares (Direct)

Footnotes (1)

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Key Figures

Total direct holdings: 30,990 shares Restricted stock: 5,943 shares Buy transactions: 0 +1 more

4 metrics

Total direct holdings 30,990 shares Common Stock reported on Form 3

Restricted stock 5,943 shares Included in total, subject to vesting terms

Buy transactions 0 No buy transactions reported in this filing

Sell transactions 0 No sell transactions reported in this filing

Key Terms

restricted stock, vesting terms, Common Stock

3 terms

restricted stock financial

"The amount includes 5,943 shares of restricted stock that are subject to vesting terms."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vesting terms financial

"5,943 shares of restricted stock that are subject to vesting terms."

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Understanding Insider Trading Forms →

04/08/2026 - 04:38 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Locorriere Michael Patrick

(Last)

(First)

(Middle)

C/O HANOVER BANCORP, INC.

80 EAST JERICHO TURNPIKE

(Street)

MINEOLA

NEW YORK

11501

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026

3. Issuer Name and Ticker or Trading Symbol
Hanover Bancorp, Inc. /MD [ HNVR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Municipal Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	30,990⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. The amount includes 5,943 shares of restricted stock that are subject to vesting terms.

Remarks:

mplpoa.txt

	/s/ Locorriere Michael Patrick	04/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the HNVR Form 3 filed by Michael Patrick Locorriere show?

The Form 3 shows that Michael Patrick Locorriere, a Hanover Bancorp officer, directly holds 30,990 shares of Common Stock. The filing establishes his initial ownership position as a reporting insider at the company.

How many Hanover Bancorp (HNVR) shares does Locorriere own?

Michael Patrick Locorriere reports direct ownership of 30,990 shares of Hanover Bancorp Common Stock. This figure represents his total direct position as disclosed in the initial insider ownership filing.

What portion of Locorriere’s HNVR holdings is restricted stock?

Out of the 30,990 shares reported, 5,943 shares are restricted stock subject to vesting terms. These shares typically become fully owned over time as vesting conditions are met.

Is the HNVR Form 3 a buy or sell by Locorriere?

The HNVR Form 3 does not report a buy or sell transaction. It is an initial ownership filing listing Michael Patrick Locorriere’s existing 30,990-share direct stake, including restricted stock subject to vesting.

What is Michael Patrick Locorriere’s role at Hanover Bancorp (HNVR)?

Michael Patrick Locorriere is disclosed as Chief Municipal Officer of Hanover Bancorp. As a company officer, he must report his equity ownership in HNVR through forms like this initial Form 3 filing.