Merker Brian Frederick sold HOVR
May 26, 2026 · Form 4 insider transaction
Merker Brian Frederick sold 38,478 shares of New Horizon Aircraft Ltd. at $3.68 per share, a transaction worth $141.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 50 days after the transaction.
Direction
Disposed (sell-side)
Shares
38,478
Price
$3.68
Total value
$141.6K
InsiderMerker Brian Frederick
Role—
SecurityClass A Ordinary Shares without par value
Transaction codeF: Shares withheld for taxes
Transaction dateMay 26, 2026
Filing dateJuly 15, 2026
Shares owned after363,622
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Reflects a transaction solely to cover withholding payments to applicable taxing authorities. No cash proceeds were received by the reporting person in connection with the disposition of securities disclosed in this row.