# EDGAR Filing Document

**Accession Number:** 0000357294
**File Stem:** 0001225208-25-007561
**Filing Date:** 2025-8
**Character Count:** 9089
**Document Hash:** bb472fe6d763a262906c4f57faec995d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001225208-25-007561.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001225208-25-007561

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250828

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HOVNANIAN ARA K
- **CENTRAL INDEX KEY:** 0000938549

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08551
- **FILM NUMBER:** 251280021

**MAIL ADDRESS:**
- **STREET 1:** 90 MATAWAN ROAD, FIFTH FLOOR
- **CITY:** MATAWAN
- **STATE:** NJ
- **ZIP:** 07747
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HOVNANIAN ENTERPRISES INC
- **CENTRAL INDEX KEY:** 0000357294
- **STANDARD INDUSTRIAL CLASSIFICATION:** OPERATIVE BUILDERS [1531]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 221851059
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**BUSINESS ADDRESS:**
- **STREET 1:** 90 MATAWAN ROAD, 5TH FLOOR
- **CITY:** MATAWAN
- **STATE:** NJ
- **ZIP:** 07747
- **BUSINESS PHONE:** 7327477800

**MAIL ADDRESS:**
- **STREET 1:** 90 MATAWAN ROAD, 5TH FLOOR
- **CITY:** MATAWAN
- **STATE:** NJ
- **ZIP:** 07747

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HOVNANIAN ARA K<br><sub>(Last) (First) (Middle)</sub><br>C/O HOVNANIAN ENTERPRISES, INC.<br>90 MATAWAN ROAD<br><sub>(Street)</sub><br>MATAWAN, NJ 07747<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chairman of Bd., Pres. & CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>HOVNANIAN ENTERPRISES INC [ HOV ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-08-28 |  | S |  | 609 | D | 138.3094<sup>(1)</sup> | 62895.8720<sup>(2)</sup> | I | Held as trustee of trusts for Nadia K. Rodriguez's family<sup>(3)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 12880 | D |  |
| Class A Common Stock |  |  |  |  |  |  |  | 52285.8720<sup>(2)</sup> | I | Held as trustee of trusts for Esther K. Barry's family<sup>(4)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 20522.8720<sup>(2)</sup> | I | Held as trustee of trusts for Lucy K. Kalian's family<sup>(5)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 45634.8720<sup>(2)</sup> | I | Held as trustee of trusts for Sossie K. Najarian's family<sup>(6)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 3563.9600<sup>(2)</sup> | I | Held by trusts for Esther K. Barry's family<sup>(7)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 4132.7600<sup>(2)</sup> | I | Held by trusts for Lucy K. Kalian's family<sup>(8)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 720<sup>(2)</sup> | I | Held by trusts for Nadia K. Rodriguez's family<sup>(9)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 720<sup>(2)</sup> | I | Held by trusts for Sossie K. Najarian's family<sup>(10)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 668 | I | Held by wife |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.28 to $138.39 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.

(2) 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

(3) 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

(4) 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").

(5) 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

(6) 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

(7) 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

(8) 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

(9) 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

(10) 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

**Signature:** Elizabeth D. Tice Attorney-in-Fact  
**Date:** 2025-08-29

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**