Hovnanian Enterprises (HOV) COO reports 12,040-share LTIP stock award vesting
Rhea-AI Filing Summary
Hovnanian Enterprises reported that its Chief Operating Officer acquired 12,040 shares of Class A common stock on 12/16/2025 at a price of $0.0000 per share in connection with a previously granted long-term incentive plan award.
The financial performance criteria for this LTIP award were determined to have been satisfied on that date, after the award vested on October 31, 2025, and the shares are scheduled to be delivered two years after the vesting date. Following this transaction, the officer directly beneficially owned 29,752 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,040 | $0.00 | -- |
Footnotes (1)
- The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied The LTIP award vested on October 31, 2025 and such shares shall be delivered two years after the vesting date.
FAQ
What insider stock transaction did HOV report for its Chief Operating Officer?
The report shows that the Chief Operating Officer acquired 12,040 shares of Hovnanian Enterprises Class A common stock on 12/16/2025 at a price of $0.0000 per share, tied to a previously granted long-term incentive plan award.
What kind of equity award is reported in this HOV Form 4 filing?
The filing describes a long-term incentive plan (LTIP) award whose financial performance criteria were determined to be satisfied on 12/16/2025, with shares tied to that award.
Does this HOV Form 4 report any derivative securities for the COO?
The disclosure lists activity only in non-derivative Class A common stock in Table I, and Table II for derivative securities contains no reported positions.