New Horizon Aircraft (HOVR) Director Maris John Michael Receives Award

What Happened
Director Maris John Michael received 7,388 shares of New Horizon Aircraft Ltd. as an award/grant on August 4, 2026. The Form 4 shows the acquisition code "A" (grant/award/other acquisition) at a reported price of $0.00, for a total recorded value of $0.

Key Details

• Transaction date: 2026-08-04; Form 4 filed: 2026-08-06 (timely filing).
• Transaction type/code: A = Grant/award/other acquisition.
• Shares acquired: 7,388; reported acquisition price: $0.00; total reported value: $0.
• Shares owned after transaction: Not specified in the filing.
• No footnotes, 10b5-1 plan, tax-withholding, or cashless sale indicated in the filing.

Context
An "A" code award typically reflects compensation or a board grant rather than an open-market purchase by the insider. Such awards are common and do not necessarily signal the insider buying or selling based on private information. Retail investors should treat grants as routine compensation unless accompanied by additional purchases or sales.