HOVNANIAN ARA K 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Hovnanian (HOV) 10% Owner Ara K. Hovnanian Gifts 8,963 Shares
What Happened
- Ara K. Hovnanian, reported as a 10% owner and trustee, disposed of 8,963 shares of Hovnanian Enterprises Inc. via a gift on June 3, 2026. The transaction is reported as a derivative (Class B Common Stock) at $0.00 per share, total reported value $0.00. Per the filing, Class B shares are immediately convertible into an equal number of Class A shares.
Key Details
- Transaction date: 2026-06-03; Filing date: 2026-06-05 (timely filing).
- Transaction type: Gift (code G); shares disposed: 8,963; price per share reported: $0.00; total value reported: $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: F1 (Class B convertible to Class A); F3/F9–F14 indicate shares are held in various trusts (Ara K. Hovnanian 2012 Trust and multiple family long-term trusts) of which the reporting person is trustee; F4 disclaims beneficial ownership except to extent of potential pecuniary interest.
- No indication of 10b5-1 plan, tax-withholding sale, or option exercise in this report.
Context
- Gifts are non‑market transactions and do not necessarily signal the insider’s view on the company’s stock price.
- The filing indicates the shares were held through trusts (and potentially an LLC interest) and the reporting person serves as trustee with limited pecuniary interest, which is common in family trust transactions and differs from executive open-market trades.
Insider Transaction Report
Form 4
HOVNANIAN ARA K
DirectorChairman of the Board & CEO10% Owner
Transactions
- Gift
Class B Common Stock
[F1][F2]2026-06-03−8,963→ 326,662 total→ Class A Common Stock (8,963 underlying)
Holdings
- 5,328.4(indirect: By Trust)
Class B Common Stock
[F1][F2]→ Class A Common Stock (5,328.4 underlying) - 5,328.4(indirect: By Trust)
Class B Common Stock
[F1][F2]→ Class A Common Stock (5,328.4 underlying) - 160(indirect: By Trust)
Class B Common Stock
[F1][F2]→ Class A Common Stock (160 underlying) - 160(indirect: By Trust)
Class B Common Stock
[F1][F2]→ Class A Common Stock (160 underlying) - 157,434.56(indirect: By Trust)
Class B Common Stock
[F1][F2][F3]→ Class A Common Stock (157,434.56 underlying) - 25,281.4(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F5]→ Class A Common Stock (25,281.4 underlying) - 25,281.4(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F6]→ Class A Common Stock (25,281.4 underlying) - 25,281.4(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F7]→ Class A Common Stock (25,281.4 underlying) - 25,281.4(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F8]→ Class A Common Stock (25,281.4 underlying) - 50,507.51(indirect: By Trust)
Class B Common Stock
[F1][F2][F9]→ Class A Common Stock (50,507.51 underlying) - 5,125.28(indirect: By Partnership)
Class B Common Stock
[F1][F2]→ Class A Common Stock (5,125.28 underlying) - 38,736.694(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F10]→ Class A Common Stock (38,736.694 underlying) - 42,034.92(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F11]→ Class A Common Stock (42,034.92 underlying) - 38,777.856(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F12]→ Class A Common Stock (38,777.856 underlying) - 22,849.197(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F13]→ Class A Common Stock (22,849.197 underlying) - 33,256.336(indirect: By Trust)
Class B Common Stock
[F1][F2][F4][F14]→ Class A Common Stock (33,256.336 underlying) - 812(indirect: By Spouse)
Class B Common Stock
[F1][F2]→ Class A Common Stock (812 underlying)
Footnotes (14)
- [F1]The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")
- [F10]Held by The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
- [F11]Held by trusts for the benefit of the family of Kevork S. Hovnanian, of which the reporting person is a trustee and has a potential remainder interest
- [F12]Held by The Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
- [F13]Held by The Nadia K. Rodriguez Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
- [F14]Held by The Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
- [F2]No expiration date
- [F3]Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, including shares held through a limited liability company interest in the Hovnanian Family 2012 LLC (the "2012 LLC")
- [F4]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
- [F5]Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
- [F6]Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
- [F7]Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
- [F8]Held by trust for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, through a limited liability company interest in the 2012 LLC
- [F9]Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
Signature
Elizabeth D. Tice Attorney-in-Fact|2026-06-05