Hanover Bancorp (HNVR) EVP Joseph F. Burns Sells 188 Shares

What Happened Joseph F. Burns, Executive Vice President & Chief Lending Officer of Hanover Bancorp (HNVR), had 188 shares disposed on February 20, 2026 at an effective price of $21.98 per share for a total value of $4,132. This disposition reflects tax withholding related to restricted stock that vested the same day, not an open-market sale intended as a directional trade.

Key Details

• Transaction date and price: February 20, 2026 — 188 shares at $21.98 each (total $4,132).
• Transaction type: Tax withholding on vested restricted stock (code F).
• Shares owned after transaction: Not specified in this filing.
• Footnote: F1 — Withholding relates to restricted shares granted January 29, 2025 and vested February 20, 2026.
• Filing timeliness: No late filing indicated in this report.

Context This was a routine tax-withholding disposition: when restricted stock vests, companies commonly withhold or surrender shares to cover required taxes. Such transactions are administrative and generally do not signal management’s view on the company’s stock price.