Form 4 for HOVR New Horizon Aircraft Ltd.
Accepted 2025-10-14 00:00:00 ET · period of report 2025-09-26 · accession 0002007928-25-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-10-14 | 2025-09-26 | HOVR | Merker Brian Frederick | CFO | M - OptEx | — | +257.1K | 418.5K | +159% | — |
| D | 2025-10-14 | 2025-10-09 | HOVR | Merker Brian Frederick | CFO | F - Tax | $3.42 | -110.5K | 307.9K | -26% | -$378.0K |
| D | 2025-10-14 | 2025-09-26 | HOVR | Merker Brian Frederick | CFO | M - OptEx | $0.00 | -257.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Ordinary Shares, without par value | 2025-09-26 | M | A | 257,143 | — | 418,468 | D | — | — | (F1) Each performance share unit represents a contingent right to receive one Class A ordinary share, without par value, of New Horizon Aircraft Ltd. (the "Company"). The performance share units vested in full on the date the Company achieved a market capitalization of $100,000,000. |
| 2 | Common | Class A Ordinary Shares, without par value | 2025-10-09 | F | D | 110,527 | $3.42 | 307,941 | D | — | — | |
| 3 | Derivative | Performance Share Units | 2025-09-26 | M | D | 257,143 | $0.00 | 0 | D | — · — to 2028-12-15 | 257,143 Class A Ordinary Shares, without par value | (F1) Each performance share unit represents a contingent right to receive one Class A ordinary share, without par value, of New Horizon Aircraft Ltd. (the "Company"). The performance share units vested in full on the date the Company achieved a market capitalization of $100,000,000. |