Hanover Bancorp (HNVR) President Kevin O'Connor Buys 10,000 Shares

What Happened
Kevin M. O'Connor, President of Hanover Bancorp, purchased 10,000 shares in an open-market transaction on July 30, 2026. The shares were acquired at $26.88 each, for a total reported value of $268,800. This was a direct purchase (transaction code P), which is a buy rather than a sale.

Key Details

• Transaction date and price: 2026-07-30, 10,000 shares at $26.88 per share.
• Total value: $268,800.
• Transaction type: Open-market purchase (P).
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for total holdings.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes were provided in the brief; refer to the filed Form 4 for any disclosures.
• Filing date vs. trade date: The Form 4 was filed on 2026-08-03 for the 2026-07-30 trade. Investors may want to confirm whether the filing met the SEC’s 2-business-day reporting requirement.

Context
Insider purchases can be interpreted as a signal of confidence but are not proof of future performance. This purchase increased the insider’s exposure to Hanover Bancorp by about $269k; for perspective on its significance, compare it to the insider’s total holdings and the company’s market capitalization (see the full Form 4 and company filings).