Robinson Eric Brandon sold HOVR
August 5, 2025 · Form 4 insider transaction
Robinson Eric Brandon sold 150,000 shares of New Horizon Aircraft Ltd. at $1.61 per share, a transaction worth $242.1K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
The proceeds from the reported transaction are intended to satisfy tax liabilities arising from the vesting of share awards.; The price reported in Column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $1.601 to $1.620, 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 disposed of at each separate price within the range.; The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.