Hanover Bancorp director sells 5,000 at $21.2495, reports holdings
Hanover Bancorp (HNVR) director reported an open-market sale of 5,000 shares of common stock on 11/04/2025 at $21.2495 per share.
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Rhea-AI Filing Summary
Hanover Bancorp (HNVR) director reported an open-market sale of 5,000 shares of common stock on 11/04/2025 at $21.2495 per share.
Following the transaction, reported beneficial ownership includes 24,676 shares held directly and multiple indirect positions. Examples include 80,769 shares held in various trusts for a sibling (trustee role noted), 196,558 shares held in trusts for the reporting person (spouse as trustee), and stakes via entities and family trusts as detailed in the footnotes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $21.2495 | $106K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. 196,558 Shares held in trusts for the benefit of the Reporting Person, and of which the spouse of the Reporting Person is a trustee.
- F3. 42,771 shares held by a limited liability company which is controlled by the Reporting Person.
- F4. 25,000 Shares held by the spouse of the Reporting Person.
- F5. 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.
- F6. 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.
- F7. 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
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What did HNVR’s director report in this Form 4?
What are examples of indirect holdings reported by the HNVR director?
Were any derivative securities reported?
Does the filing mention a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.