Negrin Metin 4

What Happened

• Metin Negrin, a director of Hanover Bancorp, was granted 1,592 restricted shares on February 5, 2026. The shares were reported as acquired at $0.00 (an award/grant), so no cash purchase was made. This is a compensation award rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (timely).
• Transaction type/code: Award/Grant (A); 1,592 shares acquired at $0.00.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The award is restricted stock subject to forfeiture, vesting in three equal installments — 1/3 vesting on each of March 1, 2027; March 1, 2028; and March 1, 2029 (F1).
• No 10b5-1 plan, tax-withholding sale, or late-filing indication appears in this report.

Context

• Restricted stock awards are a form of compensation and carry vesting and forfeiture conditions; they are not the same signal as an open-market purchase. This filing documents the grant and vesting schedule but does not by itself indicate trading intent or immediate liquidity.