Haspel Ahron H 4
Research Summary
AI-generated summary
Hanover Bancorp (HNVR) Director Ahron Haspel Receives Stock Award
What Happened
- Director Ahron Haspel received a grant of 1,592 restricted shares of Hanover Bancorp (transaction code A) on Feb 5, 2026. The Form 4 shows an acquisition price of $0.00 (award), i.e., no cash purchase was made.
Key Details
- Transaction date: 2026-02-05; Form 4 filed 2026-02-06.
- Shares granted: 1,592 restricted shares; reported acquisition price: $0.00.
- Vesting: subject to forfeiture; 1/3 vests on each of March 1, 2027, March 1, 2028, and March 1, 2029 (footnote F1).
- Shares owned after the transaction: not specified in the provided filing details.
- Filing timing: Form 4 was filed the next day (appears timely under standard reporting rules).
Context
- This was a compensation grant (restricted stock) rather than a market purchase or sale. Such awards typically vest over time and are common executive/director compensation; they do not by themselves indicate immediate buying or selling sentiment. Investors may watch for future vesting-related sales or subsequent disclosures for additional insight.