Hernandez-Kakol Miriam 4

What Happened
Miriam Hernandez-Kakol, a director of Hovnanian Enterprises, disposed of 534 shares on 2026-06-09 at $114.00 per share, resulting in $60,876. This disposition was a withholding of shares to cover the reporting person's estimated tax liability related to vested restricted stock units, not an open-market sale.

Key Details

• Transaction date & price: 2026-06-09, 534 shares at $114.00 each (total $60,876).
• Transaction type: Disposition to issuer for tax withholding (code D); footnote indicates tax withholding (F).
• Footnote: Withholding of Class A common shares to cover taxes on vested RSUs; withholding was approved by the issuer’s board under Rule 16b-3.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date & timeliness: Report filed 2026-06-11 for a 2026-06-09 transaction — appears to be timely (within usual Form 4 reporting window).

Context
This was a routine tax-withholding event tied to vested RSUs (a common, administrative disposition). Such withholdings are different from open-market sales and do not necessarily signal management sentiment; purchases are generally considered more informative for bullish signals.