Merker Brian Frederick bought HOVR
September 26, 2025 · Form 4 insider transaction
Merker Brian Frederick bought 257,143 shares of New Horizon Aircraft Ltd., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 18 days after the transaction.
Direction
Acquired (buy-side)
Shares
257,143
Price
N/A
Total value
N/A
InsiderMerker Brian Frederick
Role—
SecurityClass A Ordinary Shares, without par value
Transaction codeM: Option exercise
Transaction dateSeptember 26, 2025
Filing dateOctober 14, 2025
Shares owned after418,468
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each performance share unit represents a contingent right to receive one Class A ordinary share, without par value, of New Horizon Aircraft Ltd. (the "Company"). The performance share units vested in full on the date the Company achieved a market capitalization of $100,000,000.