Director in Hanover Bancorp (HNVR) gets restricted stock and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hanover Bancorp, Inc. director Robert Golden reported a mix of stock awards and sales. On February 5, 2026, he received 1,592 shares of restricted common stock at $0.0000 per share, vesting in equal thirds on March 1 of 2027, 2028, and 2029. That award brought his directly held shares to 26,268.
On February 5 and 6, 2026, trusts for his benefit, where his spouse is trustee, sold 500 shares at $23.50 and 700 shares at $23.60, leaving 195,358 shares in those trusts. He also reports additional indirect holdings through various trusts, a controlled LLC, and his spouse, including 80,769 shares in trusts for a sibling and 25,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,200 shares ($28,270)
Net Sell
9 txns
Insider
Golden Robert
Role
Director
Sold
1,200 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 700 | $23.60 | $17K |
| Grant/Award | Common Stock | 1,592 | $0.00 | -- |
| Sale | Common Stock | 500 | $23.50 | $12K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 195,358 shares (Indirect, See Footnote 2);
Common Stock — 26,268 shares (Direct)
Footnotes (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. 195,358 shares held in trusts for the benefit of the Reporting Person, and of which the spouse of the Reporting Person is a trustee. 80,769 shares held in various trusts for the benefit of the sibling of the Reporting Person, and of which the Reporting Person is a trustee. 42,771 shares held by a limited liability company which is controlled by the Reporting Person. 25,000 shares held by the spouse of the Reporting Person. 2,239 shares held by a trust for the benefit of the Reporting Person and his descendants, and of which the Reporting Person and an unrelated third party are trustees. 8,846 shares held in various trusts for the benefit of the children of the Reporting Person, and of which the Reporting Person is a trustee. 30,000 shares held in various trusts for the benefit of the children of the Reporting Person, and of which the spouse of the Reporting Person is a trustee.
FAQ
What insider transactions did Hanover Bancorp (HNVR) director Robert Golden report?
Robert Golden reported one stock grant and two stock sales. He received 1,592 restricted shares on February 5, 2026, and trusts for his benefit sold 500 shares at $23.50 and 700 shares at $23.60 on February 5 and 6, 2026.
What restricted stock did Robert Golden receive from Hanover Bancorp (HNVR)?
Golden received 1,592 restricted Hanover Bancorp shares. The grant occurred on February 5, 2026, at $0.0000 per share and vests over three years, with one‑third vesting on March 1 of 2027, 2028, and 2029, subject to forfeiture conditions.