Hanover Bancorp president granted 10,000 shares

Hanover Bancorp’s president received a 10,000-share restricted stock grant vesting annually from 2027 to 2031.

Rhea-AI Filing Summary

Hanover Bancorp, Inc. /MD (symbol: HNVR) is the issuer of record for a Form 4 filing submitted to the SEC. O'Connor Kevin M reported acquisition or exercise transactions in this Form 4 filing.

Hanover Bancorp, Inc. (HNVR) reported that President Kevin M. O'Connor received a grant of 10,000 shares of common stock on September 1, 2026. The award is in the form of restricted stock subject to forfeiture and vests in five equal installments each September 1 from 2027 through 2031. Following this grant, O'Connor directly holds 22,300 shares of Hanover Bancorp common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Grant/Award: 10,000 shares

Grant/Award 1 txn

Insider O'Connor Kevin M

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	10,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 22,300 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of restricted stock subject to forfeiture, vesting over a five year period, with 1/5 vesting on each of September 1, 2027, September 1, 2028, September 1, 2029, September 1, 2030, and September 1, 2031.

Key Figures

Restricted stock granted: 10,000 shares Shares held after transaction: 22,300 shares Vesting schedule: 5 annual installments +1 more

4 metrics

Restricted stock granted 10,000 shares Grant of common stock to President Kevin M. O'Connor on September 1, 2026

Shares held after transaction 22,300 shares Direct ownership by Kevin M. O'Connor following the grant

Vesting schedule 5 annual installments 1/5 of the restricted stock vests each September 1 from 2027 to 2031

Grant date price $0.00 per share Indicates a compensation grant, not a purchase

Key Terms

restricted stock, subject to forfeiture, vesting

3 terms

restricted stock financial

"Represents a grant of restricted stock subject to forfeiture, vesting over a five year period"

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.

subject to forfeiture financial

"Represents a grant of restricted stock subject to forfeiture, vesting over a five year period"

vesting financial

"vesting over a five year period, with 1/5 vesting on each of September 1, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What insider transaction did HNVR report for President Kevin M. O'Connor?

Hanover Bancorp reported that President Kevin M. O'Connor received a grant of 10,000 shares of restricted common stock on September 1, 2026, as a compensation-related award, not a market purchase.

How does the restricted stock granted to HNVR’s president vest?

The 10,000 restricted shares vest over a five-year period, with 1/5 of the award vesting on each of September 1, 2027, 2028, 2029, 2030, and 2031, and are subject to forfeiture until vested.

What is Kevin M. O'Connor’s HNVR share ownership after this Form 4 transaction?

After the reported grant, President Kevin M. O'Connor directly holds 22,300 shares of Hanover Bancorp common stock, as disclosed in the filing.

Was the HNVR insider stock grant made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this restricted stock grant.

Did the HNVR insider pay a price per share for this restricted stock grant?

No. The transaction shows a per-share price of $0.00, reflecting a grant or award of restricted stock as compensation rather than a purchase in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 04:35 PM Accepted by SEC EDGAR 09/03/2026 - 04:17 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

O'Connor Kevin M

(Last) (First) (Middle)

C/O HANOVER BANCORP, INC.

80 EAST JERICHO TURNPIKE

(Street)

MINEOLA NEW YORK 11501

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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

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

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

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	09/01/2026		A		10,000(1)	A	$0.0000	22,300	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 five year period, with 1/5 vesting on each of September 1, 2027, September 1, 2028, September 1, 2029, September 1, 2030, and September 1, 2031.

	/s/ Kevin M. O'Connor	09/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)