Hovnanian director amends insider sale disclosure by trust

Hovnanian Enterprises Inc. director reported an amended insider transaction involving Class A common stock.

Rhea-AI Filing Summary

Hovnanian Enterprises Inc. director reported an amended insider transaction involving Class A common stock. The amendment reflects that on 09/19/2024, a grantor retained annuity trust of the director’s spouse sold 2,284 shares of Class A common stock at a weighted average price of $227.4015 per share, with individual trades executed between $227.05 and $228.00.

Following this sale, the director beneficially owns 7,256 shares of Class A common stock indirectly through the spouse’s trust. The filing states that this amendment corrects prior reporting related to these trust sales and is deemed to correct the reported share balances on any subsequently filed ownership reports.

Insider Trade Summary

Net Seller: 2,284 shares

Net Sell 1 txn

Insider SORSBY J LARRY

Role Director

Sold 2,284 shs ($519K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,284	$227.4015	$519K

Holdings After Transaction: Class A Common Stock — 7,256 shares (Indirect, Held by Spouse's GRAT)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.05 to $228.00 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock transaction did Hovnanian Enterprises (HOV) disclose in this filing?

The filing reports that a grantor retained annuity trust of a Hovnanian Enterprises Inc. director’s spouse sold 2,284 shares of Class A common stock on 09/19/2024.

At what prices were the HOV Class A shares sold in this insider transaction?

The 2,284 Class A shares were sold at a weighted average price of $227.4015 per share, with individual trades occurring between $227.05 and $228.00 per share.

How many Hovnanian Enterprises Class A shares does the reporting person own after this sale?

After the reported sale, the director beneficially owns 7,256 shares of Hovnanian Enterprises Class A common stock, held indirectly through the spouse’s grantor retained annuity trust.

Why was this Hovnanian Enterprises insider report filed as an amended Form 4/A?

The report is an amendment that clarifies the sale was made by the grantor retained annuity trust of the director’s spouse and states that it corrects the share balances shown on this and any subsequently filed ownership reports.

What relationship does the reporting person have to Hovnanian Enterprises Inc.?

The reporting person is identified as a Director of Hovnanian Enterprises Inc., with the reported shares held indirectly through the spouse’s trust.

Does this HOV insider filing provide trade-by-trade price details?

The filing states that the reported price is a weighted average and notes that full information on the number of shares sold at each separate price within the stated range will be provided upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/17/2025 - 01:38 PM EST Learn about SEC filing dates

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^*

SORSBY J LARRY

(Last) (First) (Middle)

C/O HOVNANIAN ENTERPRISES, INC.

90 MATAWAN ROAD

(Street)

MATAWAN NJ 07747

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HOVNANIAN ENTERPRISES INC [ HOV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
09/23/2024

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
Class A Common Stock	09/19/2024		S		2,284	D	$227.4015(1)	7,256	I	Held by Spouse's GRAT

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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.05 to $228.00 per share, inclusive. The Reporting Persons undertake to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

This Form 4/A amends the original Form 4 filed by the Reporting Person on September 23, 2024 to reflect sales by the grantor retained annuity trust of the Reporting Person's spouse. This Form 4/A is deemed to correct the balances on any subsequently filed Forms 4 through the date hereof.

	Elizabeth D. Tice Attorney-in-Fact	12/17/2025
	** 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.