Hanover Bancorp CFO granted 3,185 restricted shares
Hanover Bancorp, Inc. reported that its Senior Executive Vice President and Chief Financial Officer, Lance P. Burke, received an equity grant in the form of restricted common stock.
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Rhea-AI Filing Summary
Hanover Bancorp, Inc. reported that its Senior Executive Vice President and Chief Financial Officer, Lance P. Burke, received an equity grant in the form of restricted common stock. He was awarded 3,185 shares on February 5, 2026, at a price of $0.0000 per share, increasing his directly held beneficial ownership to 29,142 common shares.
The grant is structured to vest over three years, with one-third of the shares vesting on each of March 1, 2027, March 1, 2028, and March 1, 2029, and is subject to forfeiture conditions typically tied to continued service or performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,185 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hanover Bancorp (HNVR) disclose for Lance P. Burke?
What are the vesting terms of Lance P. Burke’s restricted stock in Hanover Bancorp (HNVR)?
Was the Hanover Bancorp (HNVR) insider stock grant an open-market transaction?
Which Hanover Bancorp (HNVR) executive received the reported restricted stock award?
AI-generated analysis. How Rhea-AI works. Not financial advice.