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  4. [Form 4] New Horizon Aircraft Ltd. Warrant Insider Trading Activity

eVTOL Maker New Horizon's COO Shows Confidence With Fresh Stock Purchase

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

New Horizon Aircraft Chief Operating Officer and Director Jason Michael O'Neill reported an insider purchase of 656 Class A Ordinary Shares on June 23, 2025. The shares were acquired at a weighted average price of $2.25 per share, with actual purchase prices ranging from $2.250 to $2.310.

Following this transaction, O'Neill now directly owns 266,624 Class A Ordinary Shares of New Horizon Aircraft. The purchase was executed as a standard market transaction and was reported within the required filing deadline.

Key Transaction Details:

  • Transaction Type: Direct Purchase
  • Total Transaction Value: Approximately $1,476
  • Filing Date: June 28, 2025
  • Position: Chief Operating Officer and Director
  • Transaction Code: P (Open market purchase)

Positive

  • COO Jason O'Neill purchased 656 shares at an average price of $2.25, demonstrating insider confidence through open market purchase
  • COO maintains a significant position of 266,624 shares following the transaction

Negative

  • None.
Insider O'Neill Jason Michael
Role Chief Operating Officer
Bought 656 shs ($1K)
Type Security Shares Price Value
Purchase Class A Ordinary Shares without par value 656 $2.25 $1K
Holdings After Transaction: Class A Ordinary Shares without par value — 266,624 shares (Direct)
Footnotes (1)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.250 to $2.310, inclusive. The reporting person undertakes to provide to New Horizon Aircraft Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.

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

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FAQ

How many shares did New Horizon Aircraft's (HOVRW) COO Jason O'Neill purchase on June 23, 2025?
Jason O'Neill, Chief Operating Officer of New Horizon Aircraft, purchased 656 Class A Ordinary Shares at a weighted average price of $2.25 per share on June 23, 2025.

What is the total number of New Horizon Aircraft (HOVRW) shares owned by Jason O'Neill after his recent purchase?
Following the reported transaction on June 23, 2025, Jason O'Neill beneficially owned 266,624 Class A Ordinary Shares directly.

What price range did HOVRW's COO pay for shares in the June 23, 2025 transaction?
According to the filing's explanation, the shares were purchased in multiple transactions at prices ranging from $2.250 to $2.310 per share, with $2.25 being the weighted average price.

What positions does Jason O'Neill hold at New Horizon Aircraft (HOVRW)?
Jason O'Neill serves in dual roles at New Horizon Aircraft Ltd. as both a Director and the Chief Operating Officer of the company.

Was Jason O'Neill's HOVRW stock purchase made under a 10b5-1 trading plan?
No, the Form 4 filing does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.
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*
O'Neill Jason Michael
(Last) (First) (Middle)
C/O NEW HORIZON AIRCRAFT, LTD.
3187 HIGHWAY 35
(Street)
LINDSAY A6 K9V 4R1
(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/23/2025 P 656 A $2.25(1) 266,624 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:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.250 to $2.310, inclusive. The reporting person undertakes to provide to New Horizon Aircraft Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
/s/ Jason Michael O'Neill 06/27/2025
** 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.

Source: View Original Filing on SEC EDGAR