$ Value
$0
Shares
27,274
Price
$0
Filed
Jun 17
Insider
Name
HOVNANIAN ARA K
Title
Chairman of Bd., Pres. & CEO
CIK
0000938549
Roles
Transaction Details
Transaction Date
2025-06-13
Code
A
Table
Derivative
Ownership
Direct
Equity Swap
No
Shares After
27,274
Footnotes
Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock") on a one-for-one basis | These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030. | Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis. | The number of shares of Class B Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period | Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"). | Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement. | These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026. | The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.
Filing Info
HOVNANIAN ARA K's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-12-16 | HOV | A | $0 |
| 2025-10-31 | HOV | F | $1.6M |
| 2025-08-28 | HOV | ▼ | $84K |
| 2025-06-13 | HOV | A | $0 |
| 2025-06-13 | HOV | A | $0 |
| 2025-06-12 | HOV | F | $1.7M |
| 2025-06-09 | HOV | G | $0 |
| 2025-05-29 | HOV | A | $0 |
Other Insiders at HOV (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| PAGANO VINCENT JR | — | — | 2026-04-01 |
|
Hovnanian Alexander A.
President
|
— | — | 2026-03-12 |