Maris John Michael 4

What Happened Maris John Michael, a director of New Horizon Aircraft Ltd. (HOVR), received an award of 7,825 shares on February 10, 2026. The reported acquisition price is $0.00 per share, so the transaction shows $0 in cash paid. This was a grant/award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-10
• Transaction type/code: Award/Grant (A)
• Shares granted: 7,825 shares at $0.00 per share (total cash consideration reported: $0)
• Shares owned after transaction: Not disclosed in the provided filing
• Filing date: 2026-02-12 — filing appears timely (within required reporting window)
• Footnotes/plan details: None provided on the Form 4 excerpt

Context Awards of shares to directors are commonly used as compensation (e.g., restricted stock or equity awards). Such grants do not necessarily indicate immediate buying or selling intent; they often vest over time or carry restrictions. For retail investors, purchases can be a clearer bullish signal than compensation-related awards; this filing documents compensation, not a market purchase.