HOVNANIAN ARA K sold HOV
January 5, 2024 · Form 4 insider transaction
HOVNANIAN ARA K sold 34,554 shares of Hovnanian Enterprises, Inc. at $154.32 per share, a transaction worth $5.33M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
34,554
Price
$154.32
Total value
$5.33M
InsiderHOVNANIAN ARA K
Role—
SecurityClass A Common Stock
Transaction codeD: Disposition to the issuer
Transaction dateJanuary 5, 2024
Filing dateJanuary 9, 2024
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents the settlement of Phantom Shares in an amount of cash equal to the value of a share of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") at the time of payout, as calculated pursuant to the applicable award agreement.