Diiorio Lisa A 4

What Happened

• Lisa A. Diiorio, First Senior Vice President & Chief Accounting Officer of Hanover Bancorp (HNVR), was granted 1,062 shares of restricted stock on February 5, 2026. The grant was recorded at $0.00 per share on the Form 4 (reported acquisition value $0), and the shares are subject to forfeiture until they vest.

Key Details

• Transaction date: 2026-02-05; reported on Form 4 filed 2026-02-06.
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,062; acquisition price reported: $0.00 (restricted stock grant).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Grant is restricted stock vesting in three equal annual installments (1/3 on March 1, 2027; 1/3 on March 1, 2028; 1/3 on March 1, 2029) and is subject to forfeiture until vested (see footnote F1).
• Filing timeliness: Report filed one day after the transaction date (appears timely).

Context

• This was a compensation award (restricted stock) rather than an open-market buy or sale. Such grants reflect long-term compensation and vest over time; they do not by themselves indicate an immediate buy/sell sentiment by the insider.