Hovnanian Enterprises Chairman and CEO Ara K. Hovnanian reported an open-market sale of 12,880 shares of Class A Common Stock at a weighted average price of $125.7847 per share, leaving him with no directly held Class A shares after the transaction.
Separate entries show indirect holdings associated with his wife and multiple family trusts, where he serves as trustee or has a potential remainder interest. He disclaims beneficial ownership of these securities except to the extent of any potential pecuniary interest.
Hovnanian Enterprises filed a Rule 144 notice reporting a proposed sale of Class A Common Stock. The filing lists 21,833 shares described as "shares acquired as equity compensation award" on 06/14/2023. The filing references the security class as Class A Common Stock and records the transaction details with dates in 2023 and 06/22/2026.
SORSBY J LARRY reported acquisition or exercise transactions in this Form 4 filing.
Hovnanian Enterprises director J. Larry Sorsby reported a stock award and updated holdings. He received a grant of 924 shares of Class A Common Stock at a price of $0.00 per share, bringing his direct holdings to 188,448 shares.
The filing also lists indirect ownership of 3,846 Class A shares held by his spouse and 3,784 Class A shares held by a SLAT, both reported as of the same transaction date. The two indirect entries appear as holdings updates rather than new open‑market purchases or sales.
Hovnanian Enterprises director Robin Stone Sellers received a stock grant of 1,078 Class A Common shares. The shares were acquired at no cost as a grant or award, increasing her directly held position to 18,174 Class A Common shares following the transaction.
PAGANO VINCENT JR reported acquisition or exercise transactions in this Form 4 filing.
Hovnanian Enterprises director Vincent Pagano Jr. received a grant of 1,078 shares of Class A Common Stock on June 12, 2026. The award carried a price of $0.00 per share, indicating it was a compensation-related grant rather than an open-market purchase. Following this grant, his direct holdings increased to 25,492 shares.
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.
Hernandez-Kakol Miriam reported acquisition or exercise transactions in this Form 4 filing.
Hovnanian Enterprises director receives stock grant
Director Miriam Hernandez-Kakol received a grant of 1,078 shares of Hovnanian Enterprises Class A common stock on June 12, 2026. The shares were awarded at no cash cost per share as part of compensation, increasing her direct holdings to 5,617 shares.
HOVNANIAN ENTERPRISES INC director Robert B. Coutts received a stock grant of 1,078 shares of Class A Common Stock. The shares were acquired as a grant or award at no cash price per share. After this award, he directly holds a total of 38,418 Class A Common Stock shares.
Hovnanian Enterprises’ Chief Operating Officer Michael P. Wyatt received new long-term incentive awards tied to the company’s Class A Common Stock. On June 12, 2026, he was granted 4,400 Phantom Shares (2026) and 5,456 Performance Share Units (2026), both at a price of $0.00 per unit as compensation.
The Performance Share Units convert into Class A Common Stock on a one-for-one basis and can ultimately deliver between 50% and 200% of the 5,456 units based on performance criteria over a period ending April 30, 2027, with service vesting through June 12, 2029, and settlement in shares on June 12, 2031.
The Phantom Shares represent the right to receive cash in the future based on the stock price of the Class A Common Stock. They also vest through June 12, 2029, depending on the achievement of performance criteria over a performance period ending April 30, 2027, and the number of Phantom Shares earned can range from 50% to 200% of the 4,400 units shown.
Hovnanian Enterprises’ CFO Brad G. O’Connor received new performance-based equity awards. On June 12, 2026 he was granted 3,106 Phantom Shares (2026) and 3,852 Performance Share Units (2026), both with an initial value based on Class A Common Stock.
The Performance Share Units convert into Class A Common Stock on a one-for-one basis once vested. They require service through June 12, 2029 and depend on achieving specified performance criteria over a period ending April 30, 2027, with settlement in shares on June 12, 2031. The actual shares delivered can range from 50% to 200% of 3,852 based on performance.
The Phantom Shares are cash-settled and represent the right to future cash equal to the value of Class A Common Stock after vesting. They follow similar service and performance conditions through June 12, 2029, and the number ultimately earned can also range between 50% and 200% of 3,106. These are compensation grants, not open-market stock purchases or sales.