Hovnanian Ara K's Form 4 filing
Hovnanian Enterprises Inc (HOV) · filed Dec 14, 2023
- Accession no.
- 0001225208-23-011138
- Filed
- Dec 14, 2023
- Trade date
- Dec 12-13, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.83M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hovnanian Ara KCIK 0000938549 | Director, Officer (Chairman of Bd., Pres. & CEO), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 12, 2023 | Class A Common Stock | SSaleDisposed | −2,359 | $141.84F1 | −$334,600.56 | 17,842 | Direct | |
| Dec 12, 2023 | Class A Common Stock | SSaleDisposed | −3,462 | $141.08F2 | −$488,418.96 | 14,380 | Direct | |
| Dec 12, 2023 | Class A Common Stock | SSaleDisposed | −14,380 | $139.71F3 | −$2,009,029.8 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 13, 2023 | Class A Common Stock | AGrant or awardAcquired | +59,005 | $0.00 | $0 | 350,375 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the weighted average sales price for price increments ranging from $141.565 to $142.535. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.
- F2
Represents the weighted average sales price for price increments ranging from $140.55 to $141.55. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.
- F3
Represents the weighted average sales price for price increments ranging from $139.50 to $140.48. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Referenced by the price of 1 transaction in Table I.