New Horizon Aircraft (HOVR) director awarded 7,825 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New Horizon Aircraft Ltd. director Maris John Michael received 7,825 Class A Ordinary Shares on February 10, 2026 as a grant, award, or other acquisition at a reported price of $0 per share. Following this transaction, he directly beneficially owned 64,479 Class A Ordinary Shares.
This filing records an equity award to a board member and updates the director’s current direct share ownership in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maris John Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares without par value | 7,825 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares without par value — 64,479 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did New Horizon Aircraft (HOVR) report for Maris John Michael?
New Horizon Aircraft reported that director Maris John Michael acquired 7,825 Class A Ordinary Shares on February 10, 2026. The transaction was coded as a grant, award, or other acquisition at a stated price of $0 per share, updating his ownership position.
Was the New Horizon Aircraft (HOVR) insider transaction a purchase or an award?
The transaction was reported as a grant, award, or other acquisition rather than an open-market purchase. Form 4 lists transaction code “A,” indicating an acquisition of 7,825 Class A Ordinary Shares at a reported price of $0 per share to director Maris John Michael.
What type of security did the New Horizon Aircraft (HOVR) director receive?
The director received Class A Ordinary Shares without par value. On February 10, 2026, 7,825 of these shares were acquired as a grant, award, or other acquisition, as disclosed in the Form 4, increasing his directly held Class A Ordinary Share position in the company.
Is the New Horizon Aircraft (HOVR) director’s ownership direct or indirect after this transaction?
The filing shows the director’s ownership as direct. After receiving 7,825 Class A Ordinary Shares on February 10, 2026, Maris John Michael directly beneficially owned 64,479 Class A Ordinary Shares, with no indicated indirect holding structure in the reported data on this Form 4.