4Filed Aug 5, 8:00 PM ET

HOVR Director Nomura Trisha Receives 15,210-Share Award

$HOVR · New Horizon Aircraft Ltd.

Research Summary

AI-generated summary of this SEC filing

Updated

HOVR Director Nomura Trisha Receives 15,210-Share Award

What Happened Nomura Trisha, a director of New Horizon Aircraft Ltd. (HOVR), was awarded 15,210 shares on August 4, 2026. The Form 4 lists the transaction as an award/grant (transaction code A) with an acquisition price of $0, so the filing records $0 in cash paid for the shares. The Form 4 covering this transaction was filed on August 6, 2026.

Key Details

  • Transaction date: 2026-08-04; filing date: 2026-08-06 (filed within the typical 2-business-day Form 4 window).
  • Transaction type/code: Award/Grant (A).
  • Shares acquired: 15,210; reported acquisition price: $0 (non-cash award).
  • Shares owned after transaction: Not specified in the information provided in this summary.
  • Footnotes/other: No 10b5-1 plan, tax-withholding, or cashless-sale remarks were provided in the supplied transaction details.

Context An "A" award typically reflects compensation (e.g., restricted stock or RSUs) rather than an open-market purchase or sale; such grants are common for directors and do not necessarily signal a personal purchase or sale sentiment. Because the filing records $0 paid, this appears to be a non-cash grant; retail investors should treat awards as compensation events rather than direct insider buying unless accompanied by a purchase.