Director Joseph Marengi receives 1,232 Hovnanian (NYSE: HOV) Class A shares as grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARENGI JOSEPH A reported acquisition or exercise transactions in this Form 4 filing.
Hovnanian Enterprises director receives stock award. Director Joseph A. Marengi was granted 1,232 shares of Hovnanian Enterprises Class A Common Stock as a share-based award at no purchase price. Following this grant, he directly holds 30,879 Class A shares, reflecting routine equity compensation rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MARENGI JOSEPH A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,232 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 30,879 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 1,232 shares
Grant price: $0.0000 per share
Post-transaction holdings: 30,879 shares
3 metrics
Shares granted
1,232 shares
Class A Common Stock grant to director
Grant price
$0.0000 per share
Reported transaction price for awarded shares
Post-transaction holdings
30,879 shares
Director’s direct Class A holdings after grant
Key Terms
Class A Common Stock, Form 4, Grant, award, or other acquisition
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did HOV director Joseph Marengi report?
Director Joseph A. Marengi reported receiving 1,232 shares of Hovnanian Enterprises Class A Common Stock as a grant. The Form 4 characterizes this as a grant, award, or other acquisition, rather than an open-market purchase or sale of existing shares.
Does the HOV insider filing show any stock sales by Joseph Marengi?
The filing shows no stock sales by Joseph A. Marengi. It reports one acquisition transaction coded as a grant or award of 1,232 Class A shares, with no corresponding dispositions or open-market sales of Hovnanian Enterprises stock.
What transaction code is used for Joseph Marengi’s HOV stock award?
The transaction uses code “A,” which stands for grant, award, or other acquisition. This indicates the 1,232 Hovnanian Enterprises Class A shares were received as compensation or similar award, not bought or sold on the open market.