[Form 4] HOVNANIAN ENTERPRISES INC Insider Trading Activity

Rhea-AI Filing Summary

Hovnanian Enterprises (HOV) director filed a Form 4 reporting two code “F” transactions in Class A Common Stock. On 10/31/2025, 5,525 shares were disposed at $120.23. On 11/03/2025, 48,311 shares were disposed at $122.33.

Following these transactions, beneficial ownership was 78,269 shares held directly. Indirect holdings included 15,903 shares held by a GRAT and 7,256 shares held by the spouse’s GRAT. The filing was made by one reporting person in the capacity of Director.

Insights

Corporate governance and insider reporting analyst

Routine Form 4 with code “F” transactions; neutral impact.

The filing records two Form 4 events labeled with transaction code “F” for Class A Common Stock on 10/31/2025 and 11/03/2025. The reported share amounts and prices are specified for each date, and the form lists post-transaction ownership.

After these entries, direct beneficial ownership stands at 78,269 shares, with additional indirect positions via a GRAT and a spouse’s GRAT. This is an administrative disclosure of insider activity; the investment thesis is typically unchanged by such reports.

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)
10/31/2025

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
Class A Common Stock	10/31/2025		F		5,525	D	$120.23	126,580	D
Class A Common Stock	11/03/2025		F		48,311	D	$122.33	78,269	D
Class A Common Stock								15,903	I	Held by GRAT
Class A Common Stock								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:

	Elizabeth D. Tice Attorney-in-Fact	11/04/2025
	** 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.

FAQ

What did HOV disclose in this Form 4?

A Director reported two code “F” transactions in Class A Common Stock on 10/31/2025 and 11/03/2025, with share amounts and prices listed.

How many HOV shares were disposed on each date?

5,525 shares at $120.23 on 10/31/2025 and 48,311 shares at $122.33 on 11/03/2025.

What is the director’s beneficial ownership after the transactions?

Direct ownership: 78,269 shares.

Does the filing list indirect HOV holdings?

Yes. 15,903 shares held by a GRAT and 7,256 shares held by the spouse’s GRAT.

Who filed the Form 4 and in what capacity?

It was filed by one reporting person in the capacity of Director.

What was the transaction code used?

Both transactions used code “F”.