Hanover Bancorp (HNVR) director awarded 1,592 restricted shares vesting by 2029

Rhea-AI Filing Summary

Hanover Bancorp, Inc. director John R. Sorrenti reported an equity award of common stock. On February 5, 2026, he received 1,592 shares of restricted common stock at a price of $0.0000 per share, increasing his holdings to 47,209 common shares owned directly.

The award is structured as restricted stock subject to forfeiture and time-based vesting. The shares vest in three equal installments, with one-third scheduled to vest on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029, aligning director compensation with longer-term company performance.

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

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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^*

Sorrenti John R

(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)

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

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		1,592(1)	A	$0.0000	47,209	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/ John R. Sorrenti	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Hanover Bancorp (HNVR) report for John R. Sorrenti?

Hanover Bancorp reported that director John R. Sorrenti received 1,592 shares of restricted common stock on February 5, 2026. The grant was priced at $0.0000 per share and increased his directly owned stake to 47,209 common shares after the transaction.

How many Hanover Bancorp (HNVR) shares does John R. Sorrenti own after this Form 4?

After the reported transaction, director John R. Sorrenti beneficially owns 47,209 shares of Hanover Bancorp common stock directly. This total reflects the addition of 1,592 restricted shares granted on February 5, 2026, as disclosed in the Form 4 filing.

What type of equity award did Hanover Bancorp (HNVR) grant to John R. Sorrenti?

The award to John R. Sorrenti was restricted common stock. He received 1,592 restricted shares subject to forfeiture and time-based vesting conditions, meaning the shares become fully his only as they vest over the specified three-year schedule through March 1, 2029.

What is the vesting schedule for John R. Sorrenti’s restricted Hanover Bancorp (HNVR) shares?

The 1,592 restricted shares granted to John R. Sorrenti vest over three years. One-third is scheduled to vest on March 1, 2027, another third on March 1, 2028, and the remaining third on March 1, 2029, subject to forfeiture conditions.

Did John R. Sorrenti pay for the Hanover Bancorp (HNVR) restricted stock grant?

The reported transaction price for the restricted stock grant was $0.0000 per share. This indicates the 1,592 restricted shares were awarded as compensation rather than purchased in the open market, consistent with typical director equity grants.

Is John R. Sorrenti’s Hanover Bancorp (HNVR) ownership direct or indirect after this grant?

Following the transaction, John R. Sorrenti’s 47,209 Hanover Bancorp common shares are reported as held directly. The Form 4 lists his ownership form as Direct (D), with no indication of indirect holdings through separate entities or accounts.