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HOV

HOVNANIAN ENTERPRISES INC

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Tapewire entity
5200
SEC CIK
0000357294
Parsed reports
360

Last 12 months

Inside the activity.

0 purchase rows · 2 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202500
Jan 202600
Feb 202600
Mar 202600
Apr 202600
May 202600
Jun 202602
Jul 202600
Aug 202600
Sep 202600
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
June 13, 2025 Filed Jun 17, 2025 21:17 UTC
Wyatt Michael P.East Group President
GrantPerformance Share Units (2025) · Derivative 930 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-006036 · doc4.xml · derivative · entry 1

Wyatt Michael P. · CIK 0002037927 · East Group President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 930

Underlying: Class A Common Stock · 930 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis

F2 · derivative.exercise_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.

F2 · derivative.expiration_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.

F3 · derivative.underlying_shares: The number of shares of Class A Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period

Read SEC document
June 13, 2025 Filed Jun 17, 2025 21:17 UTC
Hovnanian Alexander A.Executive Vice President
GrantPhantom Shares · Derivative 3,758 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-006034 · doc4.xml · derivative · entry 2

Hovnanian Alexander A. · CIK 0002037933 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,758

Underlying: Class A Common Stock · 3,758 shares

Expires not disclosed

F5 · security: Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").

F6 · derivative.exercise_price: Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.

F7 · derivative.exercise_date: These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.

F7 · derivative.expiration_date: These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.

F8 · derivative.underlying_shares: The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.

Read SEC document
June 13, 2025 Filed Jun 17, 2025 21:17 UTC
Hovnanian Alexander A.Executive Vice President
GrantPerformance Share Units (2025) · Derivative 4,644 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-006034 · doc4.xml · derivative · entry 1

Hovnanian Alexander A. · CIK 0002037933 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,644

Underlying: Class A Common Stock · 4,644 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock") on a one-for-one basis

F2 · derivative.exercise_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030.

F2 · derivative.expiration_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030.

F3 · derivative.underlying: Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis.

F4 · derivative.underlying_shares: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 200% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

Read SEC document
June 13, 2025 Filed Jun 17, 2025 21:17 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
GrantPhantom Shares · Derivative 27,274 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-006033 · doc4.xml · derivative · entry 2

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,274

Underlying: Class A Common Stock · 27,274 shares

Expires not disclosed

F5 · security: Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").

F6 · derivative.exercise_price: Following vesting, each phantom share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.

F7 · derivative.exercise_date: These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.

F7 · derivative.expiration_date: These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.

F8 · derivative.underlying_shares: The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.

Read SEC document
June 13, 2025 Filed Jun 17, 2025 21:17 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
GrantPerformance Share Units (2025) · Derivative 33,712 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-006033 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,712

Underlying: Class A Common Stock · 33,712 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock") on a one-for-one basis

F2 · derivative.exercise_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030.

F2 · derivative.expiration_date: These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class B Common Stock on June 13, 2030.

F3 · derivative.underlying: Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis.

F4 · derivative.underlying_shares: The number of shares of Class B Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:43 UTC Tax withholdingClass A Common Stock 8,788 $99.54 $874,757.52
Disclosure

SEC source: 0001225208-25-005994 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,911

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:31 UTC Disposition to issuerClass A Common Stock 857 $99.54 $85,305.78
Disclosure

SEC source: 0001225208-25-005992 · doc4.xml · nonDerivative · entry 1

PAGANO VINCENT JR · CIK 0001563558 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,764

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:31 UTC Disposition to issuerClass A Common Stock 857 $99.54 $85,305.78
Disclosure

SEC source: 0001225208-25-005993 · doc4.xml · nonDerivative · entry 1

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,737

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC Disposition to issuerClass A Common Stock 980 $99.54 $97,549.20
Disclosure

SEC source: 0001225208-25-005991 · doc4.xml · nonDerivative · entry 1

MARENGI JOSEPH A · CIK 0001077821 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,665

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC Disposition to issuerClass A Common Stock 857 $99.54 $85,305.78
Disclosure

SEC source: 0001225208-25-005989 · doc4.xml · nonDerivative · entry 1

COUTTS ROBERT B · CIK 0001193999 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,481

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC Disposition to issuerClass A Common Stock 980 $99.54 $97,549.20
Disclosure

SEC source: 0001225208-25-005990 · doc4.xml · nonDerivative · entry 1

KANGAS EDWARD A · CIK 0001211047 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,246

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC Tax withholdingClass A Common Stock 896 $99.54 $89,187.84
Disclosure

SEC source: 0001225208-25-005987 · doc4.xml · nonDerivative · entry 1

O'Connor Brad G · CIK 0001520206 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,461

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC
Wyatt Michael P.East Group President
Tax withholdingClass A Common Stock 889 $99.54 $88,491.06
Disclosure

SEC source: 0001225208-25-005988 · doc4.xml · nonDerivative · entry 1

Wyatt Michael P. · CIK 0002037927 · East Group President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,744

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:30 UTC
Hovnanian Alexander A.Executive Vice President
Tax withholdingClass B Common Stock · Derivative 1,383 $99.54 $137,663.82
Disclosure

SEC source: 0001225208-25-005986 · doc4.xml · derivative · entry 1

Hovnanian Alexander A. · CIK 0002037933 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,502

Underlying: Class A Common Stock · 1,383 shares

Expires not disclosed

F1 · derivative.exercise_price: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")

F1 · derivative.exercise_date: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")

F2 · derivative.expiration_date: No expiration date

Read SEC document
June 12, 2025 Filed Jun 16, 2025 23:29 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
Tax withholdingClass B Common Stock · Derivative 17,575 $99.54 $1,749,415.50
Disclosure

SEC source: 0001225208-25-005985 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 291,914

Underlying: Class A Common Stock · 17,575 shares

Expires not disclosed

F1 · derivative.exercise_price: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")

F1 · derivative.exercise_date: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")

F2 · derivative.expiration_date: No expiration date

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:36 UTC Disposition to issuerClass A Common Stock 931 $105.56 $98,276.36
Disclosure

SEC source: 0001225208-25-005886 · doc4.xml · nonDerivative · entry 1

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,594

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:36 UTC Disposition to issuerClass A Common Stock 931 $105.56 $98,276.36
Disclosure

SEC source: 0001225208-25-005885 · doc4.xml · nonDerivative · entry 1

PAGANO VINCENT JR · CIK 0001563558 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,621

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:35 UTC Disposition to issuerClass A Common Stock 1,064 $105.56 $112,315.84
Disclosure

SEC source: 0001225208-25-005884 · doc4.xml · nonDerivative · entry 1

MARENGI JOSEPH A · CIK 0001077821 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,645

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:35 UTC Disposition to issuerClass A Common Stock 1,064 $105.56 $112,315.84
Disclosure

SEC source: 0001225208-25-005882 · doc4.xml · nonDerivative · entry 1

KANGAS EDWARD A · CIK 0001211047 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,226

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:35 UTC Disposition to issuerClass A Common Stock 798 $105.56 $84,236.88
Disclosure

SEC source: 0001225208-25-005879 · doc4.xml · nonDerivative · entry 1

Hernandez-Kakol Miriam · CIK 0001906530 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,680

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 10, 2025 Filed Jun 12, 2025 20:35 UTC Disposition to issuerClass A Common Stock 931 $105.56 $98,276.36
Disclosure

SEC source: 0001225208-25-005878 · doc4.xml · nonDerivative · entry 1

COUTTS ROBERT B · CIK 0001193999 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,338

F1 · kind: Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Read SEC document
June 09, 2025 Filed Jun 10, 2025 20:32 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
GiftClass A Common Stock 10 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-005828 · doc4.xml · nonDerivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,880

Read SEC document
June 05, 2025 Filed Jun 9, 2025 20:47 UTC Exercise / conversionEmployee Stock Option (right to buy) · Derivative 800 Not disclosed Strike: $66.75 Not disclosed
Disclosure

SEC source: 0001225208-25-005810 · doc4.xml · derivative · entry 3

O'Connor Brad G · CIK 0001520206 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 800 shares

Expires 2025-06-11

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), that occurred on March 29, 2019.

F4 · price: N/A

F2 · derivative.exercise_date: The option is fully vested

F3 · derivative.underlying_shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019

Read SEC document
June 05, 2025 Filed Jun 9, 2025 20:47 UTC Tax withholdingClass A Common Stock 546 $97.98 $53,497.08
Disclosure

SEC source: 0001225208-25-005810 · doc4.xml · nonDerivative · entry 2

O'Connor Brad G · CIK 0001520206 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,357

Read SEC document
June 05, 2025 Filed Jun 9, 2025 20:47 UTC Exercise / conversionClass A Common Stock 800 $66.75 $53,400.00
Disclosure

SEC source: 0001225208-25-005810 · doc4.xml · nonDerivative · entry 1

O'Connor Brad G · CIK 0001520206 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,903

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
May 29, 2025 Filed May 30, 2025 16:53 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
GrantPerformance Share Units (2024) · Derivative 19,086 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-005536 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,172

Underlying: Class A Common Stock · 19,086 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), on a one-for-one basis. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative, on a one-for-one basis.

F2 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Performance Share Units were determined to have been satisfied.

F3 · shares: Represents the additional number of shares determined to have been earned under the performance share unit award. 19,086 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.exercise_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 19,086 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.expiration_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 19,086 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F1 · derivative.underlying: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), on a one-for-one basis. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative, on a one-for-one basis.

Read SEC document
May 29, 2025 Filed May 30, 2025 16:52 UTC GrantPerformance Share Units (2024) · Derivative 4,616 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-005535 · doc4.xml · derivative · entry 1

O'Connor Brad G · CIK 0001520206 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,232

Underlying: Class A Common Stock · 4,616 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis

F2 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Performance Share Units were determined to have been satisfied.

F3 · shares: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.exercise_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.expiration_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

Read SEC document
May 29, 2025 Filed May 30, 2025 16:50 UTC
Hovnanian Alexander A.Executive Vice President
GrantPerformance Share Units (2024) · Derivative 4,616 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-005534 · doc4.xml · derivative · entry 1

Hovnanian Alexander A. · CIK 0002037933 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,232

Underlying: Class A Common Stock · 4,616 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), on a one-for-one basis. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative, on a one-for-one basis.

F2 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Performance Share Units were determined to have been satisfied.

F3 · shares: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.exercise_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.expiration_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 4,616 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F1 · derivative.underlying: Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), on a one-for-one basis. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative, on a one-for-one basis.

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May 29, 2025 Filed May 30, 2025 16:50 UTC
Wyatt Michael P.East Group President
GrantPerformance Share Units (2024) · Derivative 1,176 $0.00 $0.00
Disclosure

SEC source: 0001225208-25-005533 · doc4.xml · derivative · entry 1

Wyatt Michael P. · CIK 0002037927 · East Group President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,352

Underlying: Class A Common Stock · 1,176 shares

Expires not disclosed

F1 · derivative.exercise_price: Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis

F2 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Performance Share Units were determined to have been satisfied.

F3 · shares: Represents the additional number of shares determined to have been earned under the performance share unit award. 1,176 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.exercise_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 1,176 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

F3 · derivative.expiration_date: Represents the additional number of shares determined to have been earned under the performance share unit award. 1,176 Performance Share Units were previously reported. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 14, 2027 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events.

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March 03, 2025 Filed Mar 5, 2025 21:34 UTC SaleClass A Common Stock 2,000 $101.51 $203,020.00
Disclosure

SEC source: 0001225208-25-003011 · doc4.xml · nonDerivative · entry 1

KANGAS EDWARD A · CIK 0001211047 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,290

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 30,000 $0.00 Strike: $9.81 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 6

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By SLAT

Disclosed balance after: 30,000

Underlying: Class A Common Stock · 30,000 shares

Expires 2029-06-13

F1 · derivative.exercise_date: This option is fully vested.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $56.75 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 5

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By SLAT

Disclosed balance after: 10,000

Underlying: Class A Common Stock · 10,000 shares

Expires 2026-06-09

F1 · derivative.exercise_date: This option is fully vested.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $61.00 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 4

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By SLAT

Disclosed balance after: 10,000

Underlying: Class A Common Stock · 10,000 shares

Expires 2028-06-07

F1 · derivative.exercise_date: This option is fully vested.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $56.75 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 3

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 10,000 shares

Expires 2026-06-09

F2 · derivative.exercise_price: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

F2 · shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

F1 · derivative.exercise_date: This option is fully vested.

F2 · derivative.underlying_shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 10,000 $0.00 Strike: $61.00 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 2

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 10,000 shares

Expires 2028-06-07

F2 · derivative.exercise_price: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

F2 · shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

F1 · derivative.exercise_date: This option is fully vested.

F2 · derivative.underlying_shares: Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock that occurred on March 29, 2019.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC GiftEmployee Stock Option (right to buy) · Derivative 30,000 $0.00 Strike: $9.81 $0.00
Disclosure

SEC source: 0001225208-25-002566 · doc4.xml · derivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 30,000 shares

Expires 2029-06-13

F1 · derivative.exercise_date: This option is fully vested.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC SaleClass A Common Stock 582 $107.94 $62,821.08
Disclosure

SEC source: 0001225208-25-002565 · doc4.xml · nonDerivative · entry 4

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,525

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.27 to $108.07 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC SaleClass A Common Stock 248 $108.64 $26,942.72
Disclosure

SEC source: 0001225208-25-002565 · doc4.xml · nonDerivative · entry 3

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,107

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.31 to $109.01 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC SaleClass A Common Stock 142 $106.67 $15,147.14
Disclosure

SEC source: 0001225208-25-002565 · doc4.xml · nonDerivative · entry 2

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,355

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.95 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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February 25, 2025 Filed Feb 27, 2025 21:37 UTC SaleClass A Common Stock 5 $109.31 $546.55
Disclosure

SEC source: 0001225208-25-002565 · doc4.xml · nonDerivative · entry 1

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,497

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.31 to $109.32 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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December 11, 2024 Filed Dec 14, 2024 00:40 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
GrantClass B Common Stock · Derivative 27,746 $0.00 $0.00
Disclosure

SEC source: 0001225208-24-010823 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 309,489

Underlying: Class A Common Stock · 27,746 shares

Expires not disclosed

F1 · derivative.exercise_price: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock")

F2 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied.

F3 · derivative.exercise_date: The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.

F4 · derivative.expiration_date: No expiration date.

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December 11, 2024 Filed Dec 14, 2024 00:40 UTC
Hovnanian Alexander A.Executive Vice President
GrantClass B Common Stock · Derivative 4,125 $0.00 $0.00
Disclosure

SEC source: 0001225208-24-010822 · doc4.xml · derivative · entry 1

Hovnanian Alexander A. · CIK 0002037933 · Executive Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,885

Underlying: Class A Common Stock · 4,125 shares

Expires not disclosed

F1 · derivative.exercise_price: The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock").

F2 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F3 · derivative.exercise_date: The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.

F4 · derivative.expiration_date: No expiration date.

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December 11, 2024 Filed Dec 14, 2024 00:40 UTC
O'Connor Brad GCFO and Treasurer
GrantClass A Common Stock 6,491 $0.00 $0.00
Disclosure

SEC source: 0001225208-24-010821 · doc4.xml · nonDerivative · entry 1

O'Connor Brad G · CIK 0001520206 · CFO and Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,103

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied.

F2 · shares: The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.

Read SEC document
December 11, 2024 Filed Dec 14, 2024 00:40 UTC
Wyatt Michael P.East Group President
GrantClass A Common Stock 5,931 $0.00 $0.00
Disclosure

SEC source: 0001225208-24-010820 · doc4.xml · nonDerivative · entry 1

Wyatt Michael P. · CIK 0002037927 · East Group President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,633

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied.

F2 · shares: The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date

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December 11, 2024 Filed Dec 14, 2024 00:39 UTC GrantClass A Common Stock 9,433 $0.00 $0.00
Disclosure

SEC source: 0001225208-24-010819 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 139,699

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F2 · shares: The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.

F3 · balance_after: Reflects 2,284 shares transferred from the Reporting Person's spouse's grantor retained annuity trust to the Reporting Person's spouse's revocable trust. These shares were sold on September 19, 2024 but were inadvertently reported on the Form 4 filed by the Reporting Person on September 2, 2024 as sold by the Reporting Person directly. The Reporting Person's direct ownership has been adjusted to reflect this correction.

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December 10, 2024 Filed Dec 11, 2024 21:31 UTC SaleClass A Common Stock 154 $168.91 $26,011.99
Disclosure

SEC source: 0001225208-24-010709 · doc4.xml · nonDerivative · entry 4

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,502

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December 10, 2024 Filed Dec 11, 2024 21:31 UTC SaleClass A Common Stock 87 $170.00 $14,790.00
Disclosure

SEC source: 0001225208-24-010709 · doc4.xml · nonDerivative · entry 3

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,656

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December 09, 2024 Filed Dec 11, 2024 21:31 UTC SaleClass A Common Stock 188 $170.32 $32,020.16
Disclosure

SEC source: 0001225208-24-010709 · doc4.xml · nonDerivative · entry 2

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,743

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.09 to $170.53 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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December 09, 2024 Filed Dec 11, 2024 21:31 UTC SaleClass A Common Stock 102 $171.54 $17,497.08
Disclosure

SEC source: 0001225208-24-010709 · doc4.xml · nonDerivative · entry 1

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,931

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.15 to $171.55 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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October 15, 2024 Filed Oct 16, 2024 21:29 UTC
HOVNANIAN ARA KDirector · Chairman of Bd., Pres. & CEO · 10% owner
SaleClass A Common Stock 783 $196.73 $154,041.39
Disclosure

SEC source: 0001225208-24-009336 · doc4.xml · nonDerivative · entry 2

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · Held as trustee of trusts for Esther K. Barry's family

Disclosed balance after: 52,285.872

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.43 to $196.935 per share, inclusive. The Reporting Person undertakes to provide to Hovnanian Enterprises Inc., any security holder of Hovnanian Enterprises Inc., or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2 · balance_after: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose

F3 · ownership.nature: Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the Hovnanian Family 2012 LLC (the "2012 LLC").

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.