COUTTS ROBERT B 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 15, 2022
Insider Transaction Report
Form 4
COUTTS ROBERT B
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2022-06-14$45.81/sh−2,034$93,178→ 42,616 total
Footnotes (1)
- [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.