MARENGI JOSEPH A 4

What Happened Joseph A. Marengi, a director of Hovnanian Enterprises, disposed of 610 shares of Class A common stock on June 9, 2026, at a reported price of $114.00 per share, for a total value of $69,540. The transaction is reported as a disposition to the issuer (not an open-market sale).

Key Details

• Transaction date and price: June 9, 2026 — 610 shares at $114.00 each (total $69,540).
• Transaction type/code: Disposition to issuer (D) — shares were surrendered to the company.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The filing states the shares were withheld to cover the reporting person's estimated tax liability related to vested restricted stock units; the withholding was approved by the issuer’s board under Rule 16b-3. (Tax withholding — F)
• Filing timeliness: Report filed June 11, 2026 for a June 9 transaction (filed within typical 2-business-day window).

Context This was a tax-withholding-related surrender of shares to the company (common when RSUs vest), not an open-market sale that would more directly signal the insider's market view. Such withholdings are routine and typically do not by themselves indicate a change in the insider’s sentiment about the company.