Hovnanian president reports Class B share disposals
A separate entry lists 82,404 Class B shares held by the Hovnanian Family 2021 trusts, immediately convertible into an equal number of Class A shares.
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Rhea-AI Filing Summary
Hovnanian Enterprises Inc. President Alexander A. Hovnanian reported 770 and 2,185 Class B Common Stock shares delivered or withheld for payment of exercise price or tax liability on November 2, 2026; each entry lists a price of $104.92 per share. A separate holding entry lists 82,404 Class B shares held by the Hovnanian Family 2021 trusts, immediately convertible into an equal number of Class A shares. Alexander A. Hovnanian disclaims beneficial ownership of the trust-held securities except to the extent of his potential pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Common Stock F1, F2 | 770 | $104.92 | $81K |
| Exercise Price or Tax Liability | Class B Common Stock F1, F2 | 2,185 | $104.92 | $229K |
| Holding | Class B Common Stock F1, F2, F3 | -- | -- | -- |
Footnotes (3)
- F1. The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")
- F2. No expiration date
- F3. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
Key Figures
Key Terms
immediately convertible technical
beneficial ownership regulatory
pecuniary interest regulatory
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