Sisti Elena 4

What Happened
Elena Sisti, a director of Hanover Bancorp, Inc. (HNVR), was granted 1,592 shares of restricted stock on February 5, 2026. The award is reported as acquisition code "A" at $0.00 per share (total reported value $0) — this is an equity compensation grant, not an open-market purchase.

Key Details

• Transaction date: 2026-02-05; 1,592 shares granted at $0.00 per share (report shows $0 total).
• Filing date: 2026-02-09 (filed within the required Form 4 timeframe).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: grant is restricted stock subject to forfeiture, vesting over three years with 1/3 vesting on each of March 1, 2027, 2028, and 2029.
• Transaction code: A (award/grant).

Context
Restricted stock grants are common director compensation and are subject to forfeiture until vested; they do not require an immediate cash outlay and are not the same signal as an insider purchase. This filing documents compensation-related equity; it should be interpreted as part of pay/retention practices rather than a direct market vote by the insider.