PAGANO VINCENT JR 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Hovnanian (HOV) Director Vincent Pagano Jr Sells 534 Shares
What Happened
Vincent Pagano Jr, a director of Hovnanian Enterprises, disposed of 534 shares on June 9, 2026 at $114.00 per share, resulting in $60,876. The filing indicates the disposition was a withholding by the issuer to cover the reporting person’s estimated tax liability related to vested restricted stock units (RSUs), not an open‑market sale.
Key Details
- Transaction date: 2026-06-09; Price: $114.00; Total value: $60,876.
- Transaction type: Disposition to issuer (withholding to cover taxes) related to vested RSUs (see footnote F1).
- Footnote F1: Withholding of Class A common shares to cover estimated tax liability; withholding approved by the issuer’s board under Rule 16b-3.
- Shares owned after transaction: Not specified in the filing.
- Filing date: 2026-06-11 — filed within the typical two-business-day window (timely).
Context
This was a tax-withholding disposition tied to RSU vesting (common and administrative). Such withholdings are routine and do not necessarily reflect the insider’s view of the company’s stock.
Insider Transaction Report
Form 4
PAGANO VINCENT JR
Director
Transactions
- Disposition to Issuer
Class A Common Stock
[F1]2026-06-09$114.00/sh−534$60,876→ 24,414 total
Footnotes (1)
- [F1]Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
Signature
Elizabeth D. Tice Attorney-in-Fact|2026-06-11