Restricted stock grant to Hanover Bancorp (HNVR) Chief Risk Officer
Rhea-AI Filing Summary
Hanover Bancorp, Inc. reported that its EVP & Chief Risk Officer, John P. Vivona, received a grant of 1,338 shares of common stock on February 5, 2026. The shares were granted at a price of $0.0000 per share as restricted stock subject to forfeiture.
The grant vests over three years, with one-third of the shares vesting on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029. Following this award, Vivona beneficially owns 5,247 shares of Hanover Bancorp common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,338 shares
Net Buy
1 txn
Insider
Vivona John P
Role
EVP & Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,338 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 5,247 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
What insider transaction did Hanover Bancorp (HNVR) report for John P. Vivona?
Hanover Bancorp reported a grant of 1,338 shares of common stock to EVP & Chief Risk Officer John P. Vivona. The award is in the form of restricted stock granted at $0.0000 per share, increasing his direct beneficial ownership to 5,247 shares.
What role does the reporting person hold at Hanover Bancorp (HNVR)?
The reporting person, John P. Vivona, serves as Executive Vice President & Chief Risk Officer of Hanover Bancorp, Inc. His Form 4 filing reflects an equity-based compensation grant in the form of restricted common stock subject to time-based vesting.
Was cash paid for the Hanover Bancorp (HNVR) restricted stock grant?
No cash was paid for the restricted stock grant; the 1,338 shares were reported at a transaction price of $0.0000 per share. This indicates the award was part of compensation rather than a market purchase of Hanover Bancorp common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.