Jason Michael O'Neill - Jun 11, 2025 Form 4 Insider Report for New Horizon Aircraft Ltd. (HOVR)

Role: Chief Operating Officer, Director
Signature: /s/ Jason Michael O'Neill
Stock symbol: HOVR
Transactions as of: Jun 11, 2025
Transactions value $: $0
Form type: 4
Date filed: 7/10/2025, 09:31 PM
Previous filing: Jul 10, 2025
Next filing: Jul 10, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
O'Neill Jason Michael	Chief Operating Officer, Director	C/O NEW HORIZON AIRCRAFT, LTD., 3187 HIGHWAY 35, LINDSAY, ONTARIO, CANADA	/s/ Jason Michael O'Neill	2025-07-10	0002008400

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOVR	Class A ordinary shares without par value	Options Exercise	$0	+74K	+23.9%	$0.00	384K	Jun 11, 2025	Direct	F1

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	HOVR	Performance Stock Units	Options Exercise	$0	-74K	-100%	$0.00	0	Jun 11, 2025	Class A ordinary shares without par value	74K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance stock unit represented a contingent right to receive one Class A ordinary share, without par value (each, a "Class A Ordinary Share"). The performance stock units vested in full on the date the Company achieved 100% Total Shareholder Return, defined as the percentage change in the value of the Class A Ordinary Shares over a specified period, calculated as the quotient of (i) the difference between the current share price and the share price on February 3, 2025 (the "Award Date"), divided by (ii) the share price on the Award Date.

Content

Each performance stock unit represented a contingent right to receive one Class A ordinary share, without par value (each, a "Class A Ordinary Share"). The performance stock units vested in full on the date the Company achieved 100% Total Shareholder Return, defined as the percentage change in the value of the Class A Ordinary Shares over a specified period, calculated as the quotient of (i) the difference between the current share price and the share price on February 3, 2025 (the "Award Date"), divided by (ii) the share price on the Award Date.