New Horizon Aircraft (HOVR) director receives 7,388-share equity award

Rhea-AI Filing Summary

Maris John Michael reported acquisition or exercise transactions in this Form 4 filing.

New Horizon Aircraft Ltd. director Maris John Michael received a grant of 7,388 Class A Ordinary Shares without par value on August 4, 2026, at 0.0000 per share. After this award, he directly holds 71,867 Class A Ordinary Shares. The transaction was not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 7,388 shares

Net Buy 1 txn

Insider Maris John Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Shares without par value	7,388	$0.00	$0.00

Holdings After Transaction: Class A Ordinary Shares without par value — 71,867 shares (Direct)

Key Figures

Shares granted: 7,388 shares Grant price per share: 0.0000 per share Shares held after transaction: 71,867 shares +1 more

4 metrics

Shares granted 7,388 shares Equity award to director on August 4, 2026

Grant price per share 0.0000 per share Reported price for Class A Ordinary Shares in the grant

Shares held after transaction 71,867 shares Director’s direct holdings following the reported grant

Transactions under Rule 10b5-1 plan 0 Document-level Rule 10b5-1 checkbox left unchecked

Key Terms

Class A Ordinary Shares without par value, Rule 10b5-1 trading plan, Form 4

3 terms

Class A Ordinary Shares without par value financial

"The grant consisted of Class A Ordinary Shares without par value to a director."

Rule 10b5-1 trading plan regulatory

"The transaction was not made under a Rule 10b5-1 trading plan."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Form 4 regulatory

"Insider ownership changes were reported on Form 4 for the director."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/06/2026 - 09:20 PM Accepted by SEC EDGAR 08/06/2026 - 09:19 PM Learn about SEC filing dates

FAQ

What insider transaction did New Horizon Aircraft Ltd. (HOVR) report?

New Horizon Aircraft reported that director Maris John Michael received a grant of 7,388 Class A Ordinary Shares on August 4, 2026, at 0.0000 per share as a share award.

How many New Horizon Aircraft (HOVR) shares does Maris John Michael now hold?

Following the reported grant, Maris John Michael directly holds 71,867 Class A Ordinary Shares of New Horizon Aircraft Ltd., as reflected in the insider ownership totals after the transaction.

What was the price per share for the HOVR shares granted to Maris John Michael?

The 7,388 Class A Ordinary Shares granted to Maris John Michael were reported at 0.0000 per share, indicating a no-cost equity award rather than an open-market purchase.

Was the HOVR insider share grant made under a Rule 10b5-1 trading plan?

The filing indicates the transaction was not made under a Rule 10b5-1 trading plan, as the document-level checkbox affirming such a plan was explicitly left unchecked.

What type of security did New Horizon Aircraft (HOVR) grant to its director?

The reported award to director Maris John Michael consisted of Class A Ordinary Shares without par value, described as non-derivative equity in the insider transaction details.

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^*

Maris John Michael

(Last) (First) (Middle)

C/O NEW HORIZON AIRCRAFT LTD.

3187 HIGHWAY 35

(Street)

LINDSAY K9V 4R1

(City) (State) (Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
New Horizon Aircraft Ltd. [ HOVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Ordinary Shares without par value	08/04/2026		A		7,388	A	$0	71,867	D

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:

	/s/ John Michael Maris	08/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)