Hanover Bancorp, Inc. /MD·4

Jun 12, 3:27 PM ET

Golden Robert 4

4 · Hanover Bancorp, Inc. /MD · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-10
Transactions
  • Sale

    Common Stock

    [F1][F2]
    2026-06-10$24.20/sh8,419$203,759186,939 total(indirect: See Footnote 2)
Holdings
  • Common Stock

    28,341
  • Common Stock

    [F3]
    (indirect: See Footnote 3)
    80,769
  • Common Stock

    [F4]
    (indirect: See Footnote 4)
    42,771
  • Common Stock

    [F5]
    (indirect: See Footnote 5)
    25,000
  • Common Stock

    [F6]
    (indirect: See Footnote 6)
    2,239
  • Common Stock

    [F7]
    (indirect: See Footnote 7)
    8,846
  • Common Stock

    [F8]
    (indirect: See Footnote 8)
    30,000
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

Documents

1 file
  • 4
    doc4.xmlPrimary