Michael P. Wyatt - 13 Jun 2025 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Signature
Elizabeth D. Tice Attorney-in-Fact
Issuer symbol
HOV
Transactions as of
13 Jun 2025
Net transactions value
$0
Form type
4
Filing time
17 Jun 2025, 17:17:29 UTC
Previous filing
16 Jun 2025
Next filing
04 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wyatt Michael P. East Group President C/O HOVNANIAN ENTERPRISES, INC., 90 MATAWAN ROAD, MATAWAN Elizabeth D. Tice Attorney-in-Fact 17 Jun 2025 0002037927

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HOV Performance Share Units (2025) Award $0 +930 $0.000000 930 13 Jun 2025 Class A Common Stock 930 Direct F1, F2, F3
transaction HOV Phantom Shares Award $0 +752 $0.000000 752 13 Jun 2025 Class A Common Stock 752 Direct F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis
F2 These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.
F3 The number of shares of Class A Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period
F4 Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").
F5 Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.
F6 These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.
F7 The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.