Form 4: Hanover Bancorp Director Robert Golden Sells Shares

Robert Golden, a director of Hanover Bancorp, Inc., recently sold shares of the company's common stock.

Summary

• On May 2, 2025, Robert Golden sold 5,000 shares of Hanover Bancorp, Inc. common stock at a price of $23.418 per share.
• On May 5, 2025, he sold an additional 323 shares at $23.4038 per share.
• Following these transactions, Mr. Golden directly owns 24,676 shares and indirectly owns 205,095 shares.
• The indirect ownership includes shares held in various trusts for the benefit of Mr. Golden, his spouse, his children, and his sibling, as well as shares held by a limited liability company controlled by Mr. Golden.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales. The sentiment is neither positive nor negative as it simply reflects a transaction.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Hanover Bancorp, HNVR, Robert Golden, Form 4, insider trading, stock sale, director