X0407 4 2023-06-14 0000357294 HOVNANIAN ENTERPRISES INC HOV 0001211054 SORSBY J LARRY C/O HOVNANIAN ENTERPRISES, INC. 90 MATAWAN ROAD MATAWAN NJ 07747 1 1 Exec. VP and CFO 0 Class A Common Stock 2023-06-14 4 M 0 5100.0000 0.0000 A 126664.0000 D Class A Common Stock 2023-06-14 4 M 0 5100.0000 0.0000 A 121564.0000 D Class A Common Stock 2023-06-14 4 F 0 4015.0000 98.8400 D 122649.0000 D Class A Common Stock 15903.0000 I Held by GRAT Class A Common Stock 6363.0000 I Held by Spouse Class A Common Stock 9540.0000 I Held by Spouse's GRAT Market Share Units 2023-06-14 4 M 0 2550.0000 0.0000 D 2024-06-14 Class A Common Stock 2550.0000 2550.0000 D Market Share Units (Performance) 2023-06-14 4 M 0 2550.0000 0.0000 D 2024-06-14 Class A Common Stock 2550.0000 2550.0000 D On June 14, 2023, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), pursuant to the terms of the award granted on June 14, 2019 On June 14, 2023, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock pursuant to the terms of the award granted on June 14, 2019 that was subject to additional performance criteria that was determined to have been satisfied on October 31, 2021 Converts to Class A Common stock on a one-for-one basis. The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 14, 2021 On June 14, 2023, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock pursuant to the terms of the award granted on June 14, 2019. The number of shares of Class A 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. The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments on the following vesting dates: January 1, 2022, June 14, 2022, June 14, 2023, and June 14, 2024. Elizabeth D. Tice Attorney-in-Fact 2023-06-16