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Hanover Bancorp (HNVR) EVP & Chief Credit Officer awarded 2,198 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hanover Bancorp executive Kevin Corbett reported an equity grant of company stock. As EVP & Chief Credit Officer, he received 2,198 shares of Hanover Bancorp common stock on February 5, 2026 at a price of $0.0000 per share, reflecting a restricted stock award rather than an open-market purchase.

These shares are subject to forfeiture and will vest over three years, with one-third scheduled to vest on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029. Following this grant, Corbett directly holds 29,123 shares of Hanover Bancorp common stock.

Positive

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Negative

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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*
Corbett Kevin

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Credit Officer
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 2,198(1) A $0.0000 29,123 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/ Kevin Corbett 02/06/2026
** 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.

FAQ

What insider transaction did Hanover Bancorp (HNVR) report for Kevin Corbett?

Hanover Bancorp reported that EVP & Chief Credit Officer Kevin Corbett received a grant of 2,198 shares of common stock on February 5, 2026. This was an equity award at $0.0000 per share, increasing his directly held position to 29,123 shares after the transaction.

Was the Hanover Bancorp (HNVR) insider transaction a stock purchase or a grant?

The transaction was a grant of restricted stock, not a market purchase. Kevin Corbett received 2,198 shares of Hanover Bancorp common stock at $0.0000 per share as part of his compensation, with the award structured to vest over a multi-year period.

How many Hanover Bancorp (HNVR) shares does Kevin Corbett own after this Form 4?

After the reported transaction, Kevin Corbett directly owns 29,123 shares of Hanover Bancorp common stock. This total reflects the addition of 2,198 restricted shares granted on February 5, 2026, which are subject to vesting conditions over three years.

What are the vesting terms of Kevin Corbett’s Hanover Bancorp (HNVR) restricted stock?

The 2,198 restricted shares vest over three years in equal installments. One-third vests on March 1, 2027, another third on March 1, 2028, and the final third on March 1, 2029, with the shares subject to forfeiture until fully vested.

What role does Kevin Corbett hold at Hanover Bancorp (HNVR) in this Form 4?

Kevin Corbett is identified as an officer of Hanover Bancorp, serving as Executive Vice President & Chief Credit Officer. The Form 4 reports his beneficial ownership change due to a restricted stock grant awarded as part of his executive compensation arrangement.

Does the Hanover Bancorp (HNVR) Form 4 show any derivative security transactions?

No derivative security transactions are reported in this Form 4. The filing only shows a non-derivative transaction: a grant of 2,198 shares of Hanover Bancorp common stock, classified as restricted stock subject to vesting and potential forfeiture over three years.
Hanover Bancorp, Inc.

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