Director Ahron H. Haspel gets 1,592 Hanover (HNVR) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hanover Bancorp, Inc. director Ahron H. Haspel received a grant of 1,592 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 restricted stock vests over three years, with one-third vesting on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029. After this award, Haspel directly beneficially owned 29,035 common shares and indirectly beneficially owned 39,673 common shares through an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haspel Ahron H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,592 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,035 shares (Direct);
Common Stock — 39,673 shares (Indirect, By LLC)
Footnotes (1)
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FAQ
What did Hanover Bancorp (HNVR) director Ahron H. Haspel report on this Form 4?
Ahron H. Haspel reported receiving 1,592 Hanover Bancorp common shares. The award is a restricted stock grant at $0.0000 per share, subject to forfeiture and time-based vesting over three years, as disclosed in the insider transaction filing.
How does the restricted stock for Hanover Bancorp (HNVR) director Haspel vest?
The restricted stock vests in three equal annual installments. One-third of the 1,592 shares vests on March 1, 2027, another third on March 1, 2028, and the final third on March 1, 2029, assuming vesting conditions are satisfied.
What is the nature of Ahron H. Haspel’s indirect Hanover Bancorp (HNVR) holdings?
His indirect holdings are owned through an LLC. The filing reports 39,673 Hanover Bancorp common shares as indirectly beneficially owned, with the nature of ownership described as "By LLC" in the ownership table.
Did Ahron H. Haspel pay cash for the Hanover Bancorp (HNVR) restricted stock grant?
No cash was paid for the restricted stock grant. The filing shows a transaction price of $0.0000 per share for the 1,592 restricted shares, indicating an equity award rather than an open-market purchase.