Golden Robert 4

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.