HOVNANIAN ARA K 4

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.