HOVNANIAN ENTERPRISES INC — Director's Dealing 2024

Oct 1, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOVNANIAN ENTERPRISES INC (HOV)
CIK: 0000357294
Period of Report: 2024-09-27

Reporting Person: HOVNANIAN ARA K (Director, Chairman of Bd., Pres. & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-27	Class A Common Stock	S	277.0000	$203.3782	Disposed	46878.8720	Indirect
2024-09-27	Class A Common Stock	S	300.0000	$204.5208	Disposed	46578.8720	Indirect
2024-09-27	Class A Common Stock	S	300.0000	$201.9150	Disposed	46278.8720	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	12890.0000	Direct
Class A Common Stock	53514.8720	Indirect
Class A Common Stock	20522.8720	Indirect
Class A Common Stock	63504.8720	Indirect
Class A Common Stock	3563.9600	Indirect
Class A Common Stock	4132.7600	Indirect
Class A Common Stock	720.0000	Indirect
Class A Common Stock	720.0000	Indirect
Class A Common Stock	668.0000	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.0600 to $204.0100 per share, inclusive. The Reporting Persons undertake 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: 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: Held by trusts for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.2500 to $205.0000 per share, inclusive. The Reporting Persons undertake 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.7250 to $202.0100 per share, inclusive. The Reporting Persons undertake 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.

F6: 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").

F7: Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC

F8: Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC

F9: Held by The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest

F10: Held by The Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest

F11: Held by The Nadia K. Rodriguez Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest

F12: Held by The Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest