Golden Robert 4
4 · Hanover Bancorp, Inc. /MD · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Hanover Bancorp (HNVR) Director Robert Golden Sells 8,419 Shares
What Happened
- Robert Golden, a director of Hanover Bancorp, Inc. (HNVR), sold 8,419 shares on June 10, 2026. The filing reports the shares were disposed at $24.20 per share for a total of $203,759. The transaction is reported as a sale (open market or private sale).
Key Details
- Transaction date and price: 2026-06-10 — 8,419 shares at $24.20 each; proceeds ≈ $203,759.
- Filing date: Form 4 filed 2026-06-12 covering the 2026-06-10 transaction (appears timely).
- Source of shares: Footnote F1 says the shares were sold from a trust for the benefit of the reporting person.
- Reported beneficial holdings (per footnotes): the filing lists 376,564 shares across trusts, an LLC, spouse and descendants (sum of footnote amounts: F2–F8). Several holdings are held in trusts where the reporting person or spouse is trustee or beneficiary.
- Transaction code: S = Sale. No option exercise, award, or 10b5-1 plan is indicated.
Context
- Sales by insiders can be routine (tax, estate planning, diversification) and don’t necessarily signal a change in company outlook. Purchases are generally viewed as a stronger bullish signal. This report documents a straightforward sale from a trust; no derivatives or cashless exercises were involved.
Insider Transaction Report
Form 4
Golden Robert
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-06-10$24.20/sh−8,419$203,759→ 186,939 total(indirect: See Footnote 2)
Holdings
- 28,341
Common Stock
- 80,769(indirect: See Footnote 3)
Common Stock
[F3] - 42,771(indirect: See Footnote 4)
Common Stock
[F4] - 25,000(indirect: See Footnote 5)
Common Stock
[F5] - 2,239(indirect: See Footnote 6)
Common Stock
[F6] - 8,846(indirect: See Footnote 7)
Common Stock
[F7] - 30,000(indirect: See Footnote 8)
Common Stock
[F8]
Footnotes (8)
- [F1]These shares were sold from a trust for the benefit of the Reporting Person.
- [F2]186,939 shares held in trusts for the benefit of the Reporting Person, and of which the spouse of the Reporting Person is a trustee.
- [F3]80,769 shares held in various trusts for the benefit of the sibling of the Reporting Person, and of which the Reporting Person is a trustee.
- [F4]42,771 shares held by a limited liability company which is controlled by the Reporting Person.
- [F5]25,000 shares held by the spouse of the Reporting Person.
- [F6]2,239 shares held by a trust for the benefit of the Reporting Person and his descendants, and of which the Reporting Person and an unrelated third party are trustees.
- [F7]8,846 shares held in various trusts for the benefit of the children of the Reporting Person, and of which the Reporting Person is a trustee.
- [F8]30,000 shares held in various trusts for the benefit of the children of the Reporting Person, and of which the spouse of the Reporting Person is a trustee.
Signature
/s/ Robert Golden|2026-06-12