New Horizon Aircraft (HOVR) director receives 15,210 share award
Rhea-AI Filing Summary
New Horizon Aircraft Ltd. director Nomura Trisha reported a grant or award acquisition of 15,210 Class A Ordinary Shares without par value on 2026-08-04 at a stated price of 0.0000 per share. Following this acquisition, she directly holds 176,257 Class A Ordinary Shares. The filing indicates the transaction was not effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,210 shares
Net Buy
1 txn
Insider
Nomura Trisha
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares without par value | 15,210 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Ordinary Shares without par value — 176,257 shares (Direct)
Key Figures
Shares acquired: 15,210 shares
Price per share: 0.0000 per share
Total shares after transaction: 176,257 shares
3 metrics
Shares acquired
15,210 shares
Grant or award of Class A Ordinary Shares on 2026-08-04
Price per share
0.0000 per share
Stated transaction price for the grant or award
Total shares after transaction
176,257 shares
Director’s direct holdings following the acquisition
Key Terms
Class A Ordinary Shares without par value, grant/award acquisition, Rule 10b5-1
3 terms
grant/award acquisition financial
"The transaction code description indicates a grant/award acquisition"
Rule 10b5-1 regulatory
"The transaction was not effected under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nomura Trisha report for HOVR?
Nomura Trisha reported a grant or award acquisition of 15,210 Class A Ordinary Shares of New Horizon Aircraft Ltd. on 2026-08-04. This Form 4 filing reflects a compensation-related share grant rather than an open-market purchase or sale.
Was the HOVR Form 4 transaction under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not selected, meaning the reported acquisition was not effected under a pre-arranged Rule 10b5-1 trading plan, but filed as a standard grant or award transaction.
What type of security was involved in Nomura Trisha’s HOVR filing?
The security reported is Class A Ordinary Shares without par value of New Horizon Aircraft Ltd. The Form 4 records a non-derivative grant or award of 15,210 such shares, increasing the director’s direct equity position in the company.