Hanover Bancorp (HNVR) awards restricted stock grant to EVP Burns

Rhea-AI Filing Summary

Hanover Bancorp, Inc. reported an insider stock grant to executive Joseph F. Burns, its EVP & Chief Lending Officer. On February 5, 2026, he was awarded 2,592 shares of common stock at a price of $0.0000 per share as restricted stock subject to forfeiture.

The restricted shares vest over three years, with one-third vesting on each of March 1, 2027, March 1, 2028, and March 1, 2029. After this grant, Burns beneficially owns 11,693 shares of Hanover Bancorp common stock directly.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burns Joseph F

(Last) (First) (Middle)

C/O HANOVER BANCORP, INC.

80 EAST JERICHO TURNPIKE

(Street)

MINEOLA NY 11501

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Lending Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/05/2026		A		2,592(1)	A	$0.0000	11,693	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock subject to forfeiture, vesting over a three year period, with 1/3 vesting on each of March 1, 2027, March 1, 2028, and March 1, 2029.

	/s/ Joseph F. Burns	02/09/2026
	** 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 4 (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.

FAQ

What insider stock transaction did Hanover Bancorp (HNVR) report for Joseph F. Burns?

Hanover Bancorp reported that EVP & Chief Lending Officer Joseph F. Burns received 2,592 shares of restricted common stock on February 5, 2026. The grant was recorded at $0.0000 per share and increased his directly held beneficial ownership to 11,693 shares.

How many Hanover Bancorp (HNVR) shares does Joseph F. Burns beneficially own after this grant?

After the reported transaction, Joseph F. Burns beneficially owns 11,693 shares of Hanover Bancorp common stock directly. This total reflects the addition of 2,592 restricted shares granted to him on February 5, 2026, as disclosed in the insider filing.

What are the vesting terms of the restricted stock granted to Hanover Bancorp EVP Joseph F. Burns?

The 2,592 restricted shares granted to Joseph F. Burns vest over three years. One-third of the award vests on March 1, 2027, another third on March 1, 2028, and the final third on March 1, 2029, subject to forfeiture provisions described in the grant.

Was the Hanover Bancorp (HNVR) restricted stock grant to Joseph F. Burns a purchase or a cost-free award?

The transaction was a cost-free award. Joseph F. Burns received 2,592 shares of Hanover Bancorp common stock at a reported transaction price of $0.0000 per share, classified as an acquisition of restricted stock subject to vesting and forfeiture conditions.

What role does Joseph F. Burns hold at Hanover Bancorp (HNVR) in this Form 4 filing?

In this Form 4 filing, Joseph F. Burns is identified as an officer of Hanover Bancorp, serving as Executive Vice President & Chief Lending Officer. The reported transaction reflects a restricted stock grant related to his position with the company.