STOCK TITAN

Hovnanian (HOV) director Sorsby sells 1,032.075 shares, retains 187,415.925

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hovnanian Enterprises director J. Larry Sorsby sold 1,032.075 shares of Class A Common Stock in an open-market transaction at a weighted average price of $142.57 per share. After this sale, he directly owned 187,415.925 Class A shares. The filing also reports indirect ownership of 3,846 Class A shares held by his spouse and 3,784 Class A shares held by a SLAT, all as of the same date. The price reflects a weighted average across trades between $142.2450 and $142.5700.

Positive

  • None.

Negative

  • None.
Insider SORSBY J LARRY
Role null
Sold 1,032.075 shs ($147K)
Type Security Shares Price Value
Sale Class A Common Stock 1,032.075 $142.57 $147K
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 187,415.925 shares (Direct, null); Class A Common Stock — 3,784 shares (Indirect, By SLAT)
Footnotes (1)
  1. [object Object]
Shares sold 1,032.075 shares Open-market sale of Class A Common Stock on 2026-06-25
Weighted average sale price $142.57 per share Class A Common Stock sale price range $142.2450–$142.5700
Direct holdings after transaction 187,415.925 shares Class A Common Stock directly owned following sale
Indirect holdings via spouse 3,846 shares Class A Common Stock held by spouse as indirect ownership
Indirect holdings via SLAT 3,784 shares Class A Common Stock held by SLAT as indirect ownership
Class A Common Stock financial
"sold 1,032.075 shares of Class A Common Stock in an open-market transaction"
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.
open-market sale financial
"transaction_action: "open-market sale" for the 1,032.075-share transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sales price financial
"Represents the weighted average sales price for price increments ranging"
Held by Spouse financial
"nature_of_ownership: "Held by Spouse" for 3,846 indirect shares"
SLAT financial
"nature_of_ownership: "By SLAT" for 3,784 indirect shares"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
SORSBY J LARRY

(Last)(First)(Middle)
C/O HOVNANIAN ENTERPRISES, INC.
90 MATAWAN ROAD

(Street)
MATAWAN NEW JERSEY 07747

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HOVNANIAN ENTERPRISES INC [ HOV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/25/2026S1,032.075D$142.57(1)187,415.925D
Class A Common Stock3,784IBy SLAT
Class A Common Stock3,846IHeld by Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the weighted average sales price for price increments ranging from $142.2450 to $142.5700. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Elizabeth D. Tice Attorney-in-Fact06/26/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did HOV (Hovnanian Enterprises) report for J. Larry Sorsby?

Hovnanian Enterprises reported that director J. Larry Sorsby sold 1,032.075 shares of Class A Common Stock in an open-market transaction. The weighted average sale price was $142.57 per share, based on multiple trades within a narrow price range.

At what price did J. Larry Sorsby sell HOV Class A Common Stock?

The filing shows a weighted average sale price of $142.57 per HOV Class A share. Trades occurred in increments between $142.2450 and $142.5700, with full price-by-price details available on request from the company, the SEC staff, or a security holder.

How many HOV shares does J. Larry Sorsby hold after the reported sale?

After the reported transaction, J. Larry Sorsby directly owns 187,415.925 shares of Hovnanian Enterprises Class A Common Stock. The filing also lists indirect holdings of 3,846 shares held by his spouse and 3,784 shares held by a SLAT, on the same date.

Does the HOV Form 4 explain how the weighted average sale price was calculated?

Yes. The footnote states the $142.57 figure is a weighted average sales price for trades between $142.2450 and $142.5700. It also notes that full detail on each trade’s exact price and share count will be provided upon request to appropriate parties.