Golden Robert 4

What Happened

• Robert Golden, a director of Hanover Bancorp, sold 1,514 shares of HNVR on May 29, 2026. The shares were disposed at $23.71 each for a total proceeds of $35,893. The Form 4 lists the transaction as a sale (S) and notes the shares were sold from the reporting person’s direct holdings.

Key Details

• Transaction date and price: May 29, 2026 — 1,514 shares at $23.71 per share (total $35,893).
• Transaction type: Sale (Form 4 code S); described as "open market or private sale" on the filing.
• Shares owned after transaction: The filing does not state the remaining direct-held shares. It does disclose other holdings totaling 384,983 shares across trusts, spouse and an LLC (see detailed footnotes below).
• Notable footnotes:
  • F1: Sold from the reporting person’s direct holdings.
  • F2–F8: Additional beneficial holdings disclosed — 195,358; 80,769; 42,771; 25,000; 2,239; 8,846; and 30,000 shares respectively (sum = 384,983).
• Filing timeliness: Transaction reported on Form 4 filed June 2, 2026. Given the May 29 transaction date and the Memorial Day holiday on May 31, the filing appears to meet the standard Form 4 deadline.

Context

• This was a straightforward sale from the director’s direct holdings. Sales are common for liquidity or diversification and do not by themselves indicate company prospects. The filing provides detailed breakdowns of other shares held in trusts, by an LLC, and by the director’s spouse.