HOV · Hovnanian Enterprises Inc · Executive Compensation

$97.27 -3.66 (-3.63%) At close · Oct 16

Russell 2000 member Rebalance outlook locked

Market Cap

$579.72M

5.96M

Volume · Oct 16 157.64K Avg daily vol (3M) 130.14K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	Chief Executive Officer and Chairman of the Board	$1,154,423	—	$7,093,554	—	$4,885,147	$456,223	$13,654,756
Michael P. Wyatt	Chief Operating Officer	$624,319	—	$561,351	—	$3,419,317	$24,372	$4,629,359
Alexander A. Hovnanian	President	$624,288	—	$1,323,998	—	$1,165,810	$118,383	$3,324,083
Brad G. O'Connor	Chief Financial Officer	$623,077	—	$1,323,998	—	$1,165,810	$97,481	$3,241,695
Brad O'Connor	CFO	$623,077	—	$1,323,998	—	$1,165,810	$97,481	$3,241,695

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President, Chief Executive Officer and Chairman of the Board	$1,150,442	—	$4,286,655	—	$7,000,000	$683,004	$13,196,450
Michael P. Wyatt	Group President	$588,412	—	$545,121	—	$5,676,461	$19,007	$6,829,001
Brad O'Connor	CFO	$604,615	—	$1,000,008	—	$1,050,000	$85,409	$2,765,427
Brad G. O'Connor	Chief Financial Officer	$604,615	—	$1,000,008	—	$1,050,000	$85,409	$2,765,427
Alexander A. Hovnanian	President	$604,615	—	$1,000,008	—	$1,050,000	$38,978	$2,693,601
Alexander A	Hovnanian Executive Vice President, National Homebuilding Operations	$604,615	—	$1,000,008	—	$1,050,000	$38,978	$2,693,601

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President, Chief Executive Officer and Chairman of the Board	$1,116,385	—	$3,826,502	—	$3,800,000	$668,428	$9,482,398
Brad O'Connor	CFO	$488,037	—	$589,626	—	$500,000	$185,029	$1,785,483
Brad G. O'Connor	Chief Financial Officer	$488,037	—	$589,626	—	$500,000	$185,029	$1,785,483

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President, Chief Executive Officer and Chairman of the Board	$1,154,423	—	$3,068,492	—	$11,316,803	$890,896	$16,509,497
Larry Sorsby	Executive Vice President, Chief Financial Officer	$790,607	—	$1,509,133	—	$4,469,122	$493,915	$7,357,266
Brad G. O'Connor	Chief Financial Officer	$483,650	—	$503,235	—	$1,430,918	$106,243	$2,545,519
Brad O'Connor	CFO	$483,650	—	$503,235	—	$1,430,918	$106,243	$2,545,519

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President Chief Executive Officer and Chairman of the Board	$1,257,273	—	$3,330,082	—	$7,437,438	$388,528	$12,478,182
Larry Sorsby	Executive Vice President, Chief Financial Officer	$762,338	—	$1,482,319	—	$3,501,250	$177,486	$5,993,890
Brad G. O'Connor	Senior Vice President, Chief Accounting Officer and Treasurer	$466,230	—	$490,905	—	$752,500	$62,004	$1,789,258

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President Chief Executive Officer and Chairman of the Board	$1,252,429	—	$1,435,450	—	$5,887,437	$373,142	$9,002,942
Larry Sorsby	Executive Vice President Chief Financial Officer	$712,917	—	$717,725	—	$2,828,242	$185,887	$4,491,351
Lucian T. Smith III	Chief Operating Officer	$702,920	—	—	—	$2,828,242	$201,501	$3,761,902
Brad G. O'Connor	Senior Vice President Chief Accounting Officer and Treasurer	$435,923	—	$146,580	—	$580,450	$61,748	$1,236,578
Brad O'Connor	Chief Accounting Officer	$435,923	—	$146,580	—	$580,450	$61,748	$1,236,578

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President Chief Executive Officer and Chairman of the Board	$1,266,961	—	$1,579,118	$131,580	$2,365,200	$432,836	$5,811,083
Larry Sorsby	Executive Vice President Chief Financial Officer	$721,188	—	$565,672	$131,580	$1,427,160	$168,627	$3,041,900
Lucian T. Smith III	Chief Operating Officer	$721,188	—	$529,625	$131,580	$1,427,160	$195,468	$3,024,968
Brad O'Connor	Chief Accounting Officer	$397,865	—	$150,003	$5,709	$240,000	$62,736	$863,629
Brad G. O'Connor	Senior Vice President Chief Accounting Officer and Treasurer	$397,865	—	$150,003	$5,709	$240,000	$62,736	$863,629

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President, Chief Executive Officer and Chairman of the Board	$1,229,922	—	$2,507,073	$250,942	$3,002,850	$466,092	$7,489,396
Lucian T. Smith III	Chief Operating Officer	$696,346	—	$538,600	—	$2,097,685	$140,089	$3,484,767
Larry Sorsby	Executive Vice President and Chief Financial Officer	$699,558	—	$790,150	$250,942	$1,394,687	$148,815	$3,304,746
Brad O'Connor	Chief Accounting Officer	$370,210	—	$104,106	$27,719	$245,885	$55,880	$809,374
Brad G. O'Connor	Sr. Vice President, Chief Accounting Officer and Treasurer	$370,210	—	$104,106	$27,719	$245,885	$55,880	$809,374

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ara Hovnanian	President, Chief Executive Officer and Chairman of the Board	$1,193,965	—	$1,698,000	—	$2,020,552	$318,643	$5,258,756
Lucian T. Smith III	Chief Operating Officer	$639,423	—	$226,400	—	$1,768,725	$63,986	$2,704,619
Larry Sorsby	Executive Vice President and Chief Financial Officer	$675,330	—	$481,101	—	$796,536	$116,555	$2,080,649
Brad O'Connor	Chief Accounting Officer	$359,388	—	$14,063	$15,751	$215,624	$53,246	$661,119
Brad G. O'Connor	Vice President – Chief Accounting Officer and Corporate Controller	$359,388	—	$14,063	$15,751	$215,624	$53,246	$661,119

Executive changes

Person	Role	Change	Effective	Filed
Brad G. O'Connor	Chief Financial Officer	Appointed	2023-11-01	2023-06-20
J. Larry Sorsby	Executive Vice President and Chief Financial Officer	Retired	2023-10-31	2023-06-20

Key facts CIK 357294 CUSIP 442487401 13F (30d) 14 filings 14 filers Visit website Investor relations