JOSEPH A. MARENGI - 08 Jun 2023 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Issuer symbol
HOV
Transactions as of
08 Jun 2023
Transactions value $
-$32,487
Form type
4
Filing time
12 Jun 2023, 18:03:14 UTC
Previous filing
16 Jun 2022
Next filing
13 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Disposed to Issuer -$32.5K -357 -0.88% $91.00 40.3K 08 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.