Welcome to our dedicated page for Hovnanian Enterprises SEC filings (Ticker: HOV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Hovnanian Enterprises (HOV) filings document a public homebuilder with Class A common stock listed on the New York Stock Exchange, depositary shares listed on Nasdaq and associated preferred stock purchase rights. Form 8-K reports cover operating results, material agreements, capital-structure changes, senior note financing and governance or compensation matters.
Proxy materials disclose annual meeting proposals, board and executive compensation matters, shareholder voting procedures and equity incentive plan approvals. The company’s filings also identify registered securities, subsidiary guarantor and debt arrangements, security-structure disclosures and formal records tied to K. Hovnanian Homes and related operating subsidiaries.
Hovnanian Enterprises President Alexander A. Hovnanian reported a bona fide gift of 8,963 shares of Class B Common Stock. These Class B shares are immediately convertible into an equal number of Class A Common Stock with no expiration date.
Following the gift, he directly holds 43,485 shares of Class B Common Stock. In addition, 82,404 Class B shares, convertible into the same number of Class A shares, are held indirectly by Hovnanian Family 2021 trusts, for which he disclaims beneficial ownership except for any potential pecuniary interest.
Hovnanian Enterprises CEO Ara K. Hovnanian reported a bona fide gift of 8,963 shares of Class B Common Stock. These Class B shares are immediately convertible into an equal number of Class A shares. After the gift, he directly holds 326,662 Class B shares. The filing also lists multiple indirect Class B holdings held by his wife, family trusts, and related entities, with footnotes noting he is a trustee or has only a potential pecuniary or remainder interest in many of these positions.
Hovnanian Enterprises director J. Larry Sorsby reported routine equity compensation activity involving Class A common stock. An entity identified as a SLAT exercised 5,000 shares under an employee stock option at $56.75 per share, converting options into common stock held indirectly.
To cover tax obligations, the SLAT delivered 3,068 shares of Class A common stock at $116.00 per share in a tax-withholding disposition, rather than selling shares on the open market. After these transactions, Sorsby held 187,524 shares directly, 3,784 shares indirectly through the SLAT, and 3,846 shares indirectly through his spouse.
Hovnanian Enterprises reported softer results for the quarter ended April 30, 2026. Total revenues were $667.6 million versus $686.5 million a year earlier, as home sales declined and sale-of-homes revenue fell to $604.2 million from $650.3 million.
The company posted a small net loss attributable to Hovnanian of $0.3 million for the quarter, compared with net income of $19.7 million in the prior-year period. For the first six months, net income attributable to Hovnanian was $20.6 million, down from $47.9 million, reflecting lower deliveries and higher impairments and other expenses.
Hovnanian ended the period with $350.4 million in cash, cash equivalents and restricted cash, against $924.97 million of senior notes. Inventories rose to $1.72 billion, and the company continued to invest heavily in land, joint ventures and its new Saudi Arabia operation while also repurchasing common stock.
Hovnanian Enterprises CFO Brad G. O'Connor reported routine equity compensation activity involving company stock. On May 27, 2026, he exercised employee stock options to acquire a total of 3,000 shares of Class A Common Stock at an exercise price of $42.50 per share. In connection with this, a total of 1,109 shares of Class A Common Stock were disposed of at $115.095 per share to cover tax liabilities, which is reflected by transaction code F for tax-withholding dispositions. These entries show option exercises and related tax payments, with no open‑market purchases or sales reported in this filing.
Hovnanian Enterprises director J. Larry Sorsby reported option-related transactions and updated holdings. A trust identified as a SLAT exercised employee stock options for 5,000 shares of Class A Common Stock at $56.75 per share and received 5,000 shares. On the same date, the SLAT had 3,148 shares disposed of at $116.1999 per share as a tax-withholding transaction, not an open-market sale, leaving 1,852 shares held indirectly through the SLAT.
Separately, Sorsby is shown with 187,524 shares held directly and 3,846 shares held indirectly through his spouse, giving context for the size of these routine compensation- and tax-related movements.
Hovnanian Enterprises Chairman and CEO Ara K. Hovnanian reported option-related activity in Class B Common Stock. On May 27, 2026, he exercised options covering 10,000 shares of Class B Common Stock at an exercise price of $56.75 per share.
Of the shares tied to this exercise, 3,494 shares of Class B Common Stock were delivered to satisfy tax obligations at a value of $112.75 per share, and the remainder increased his direct holdings to 339,119 Class B shares. The filing also lists numerous indirect holdings of Class B Common Stock held through various family trusts and related entities, with footnotes stating that beneficial ownership is disclaimed except for any potential pecuniary interest.
Hovnanian Enterprises Inc. Chairman and CEO Ara K. Hovnanian exercised stock options and had shares withheld for taxes. On 2026-05-22, he exercised derivative securities to acquire a total of 10000 shares of Class B Common Stock at an exercise price of $56.75 per share and used 3603 shares of Class B Common Stock, valued at $105.23 per share, to satisfy tax obligations. Following these compensation-related transactions, he directly holds 337722 shares of Class B Common Stock, in addition to multiple indirect holdings through family trusts and related entities. No open‑market purchases or sales are reported.
Hovnanian Enterprises reported fiscal second quarter 2026 revenue of $667.6 million, slightly below last year’s $686.5 million but within its guidance range. For the first six months, revenue was $1.30 billion versus $1.36 billion a year earlier.
Homebuilding gross margin after interest and land charges declined to 10.2% from 13.8% in the prior-year quarter, while the company posted a small net loss of $0.6 million (–$0.46 per diluted share) compared with net income of $19.7 million ($2.43 per diluted share) a year ago. On an adjusted basis, income before taxes excluding land-related charges was $9.1 million, near the high end of guidance, and adjusted EBITDA was $41.1 million, above guidance.
Contracts showed modest growth: consolidated domestic contracts rose to 1,412 homes and $759.9 million, with total domestic contracts including joint ventures up 2.3% in units. The company ended the quarter with $442.0 million in total liquidity, well above its $170–$245 million target range, and repurchased 90,507 shares for $9.5 million. Third-quarter guidance calls for revenue of $650–$750 million, adjusted homebuilding gross margin of 14.0%–15.0%, adjusted pre-tax income between breakeven and $10 million, and adjusted EBITDA of $30–$40 million.
Hovnanian Enterprises director J. Larry Sorsby reported gifting 6,820 shares of Class A Common Stock. The bona fide gifts occurred on April 27 and April 29, 2026, split between his direct holdings and shares held indirectly through his spouse. After these transfers, Sorsby holds 187,524 shares directly and 3,846 shares indirectly via his spouse. The gifts were reported at a price of $0.00 per share, reflecting non-cash transfers rather than market sales.