Hanover Bancorp (HNVR) accounting chief awarded 1,062 restricted shares
Rhea-AI Filing Summary
Hanover Bancorp, Inc. reported that officer Lisa A. DiIorio, FSVP & Chief Accounting Officer, received a grant of 1,062 shares of common stock on February 5, 2026 at a price of $0.0000 per share. This restricted stock award is subject to forfeiture and will vest in three equal installments, with one-third vesting on March 1, 2027, one-third on March 1, 2028, and one-third on March 1, 2029. Following this grant, she beneficially owns 16,365 shares of Hanover Bancorp common stock, held directly.
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FAQ
What insider transaction did Hanover Bancorp (HNVR) report for Lisa A. DiIorio?
Hanover Bancorp (HNVR) reported that officer Lisa A. DiIorio received a grant of 1,062 shares of common stock. The shares were awarded at a price of $0.0000 per share as restricted stock, subject to vesting and forfeiture conditions over a three-year period.
How does the restricted stock grant for HNVR’s Lisa A. DiIorio vest?
The 1,062 restricted shares granted to HNVR officer Lisa A. DiIorio vest over three years. One-third vests on March 1, 2027, another third on March 1, 2028, and the final third on March 1, 2029, provided vesting conditions are satisfied.
What is Lisa A. DiIorio’s role at Hanover Bancorp (HNVR)?
At Hanover Bancorp (HNVR), Lisa A. DiIorio serves as First Senior Vice President (FSVP) and Chief Accounting Officer. This role typically oversees financial reporting and accounting functions, and the reported Form 4 reflects equity compensation tied to her executive responsibilities.
How many Hanover Bancorp (HNVR) shares does Lisa A. DiIorio own after this grant?
After the February 5, 2026 restricted stock grant, Lisa A. DiIorio beneficially owns 16,365 shares of Hanover Bancorp (HNVR) common stock. These shares are reported as directly held, combining previously owned shares with the newly granted restricted stock award.
Was the Hanover Bancorp (HNVR) insider stock grant a market purchase or sale?
The Hanover Bancorp (HNVR) insider transaction was a stock grant, not a market trade. Lisa A. DiIorio received 1,062 restricted shares at a stated price of $0.0000 per share as part of equity compensation, subject to vesting and forfeiture terms.
What type of security was granted to the Hanover Bancorp (HNVR) officer?
The Hanover Bancorp (HNVR) officer received restricted shares of common stock. These 1,062 shares are subject to forfeiture and vest in three equal annual installments between March 1, 2027 and March 1, 2029, according to the Form 4 disclosure.