HNVR Hanover Bancorp, Inc. /MD

NEUTRAL Impact: 3/10 8-K
Horizon weeks Filed Jun 1, 2026 Processed 11d 13h ago SEC 0001104659-26-068886
8-K context-dependent: Items 5.02
Latest settled — T+1d
HNVR ▼ -0.87% at T+1d
NEUTRAL call ✗ call lost -0.87% · α vs SPY -0.17% · entry $23.11 → $22.91
Next anchor: T+5d due 5d ago
Currently $23.94 · +3.59% from $23.11 entry
Entry anchored
Jun 1, 03:59 PM ET
via Databento tick
T+1d
-0.87%
call -0.87% · α -0.17%
$22.91
settled 11d ago
T+5d
call — · α —
due 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

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Executive Summary

Hanover Bancorp filed an 8-K reporting shareholder approval of the 2026 Equity Incentive Plan and the results of its annual meeting, where directors were elected and Crowe LLP was ratified as auditor. No material financial or operational impact.

Actionable Insight

This is a routine governance filing. Monitor future Form 4 filings for equity grants under the new plan to gauge dilution, but no immediate trading action warranted.

Key Facts

  • Shareholders approved the 2026 Equity Incentive Plan with 4,755,228 for, 27,522 against, 43,684 abstain.
  • Directors Michael Katz, John R. Sorrenti, and Philip Okun were elected with over 4.6 million votes each.
  • Ratification of Crowe LLP as auditor was approved with 5,725,927 for, 2,908 against.
  • No financial figures, departures, or material events reported.

Financial Impact

No direct financial impact; potential future dilution from equity plan grants is standard.

dilution

Risk Factors

  • Potential dilution from future equity grants under the 2026 plan, though typical for incentive compensation.

Market Snapshot

Exchange
Nasdaq
Sector
State Commercial Banks
Analyst Consensus
0% bullish (7 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-068886
Document: 0001104659-26-068886-index-headers.html0001104659-26-068886
Document: 0001104659-26-068886-index.html0001104659-26-068886
Document: 0001104659-26-068886.txt0001104659-26-068886
4 reports for HNVR
Performance horizon

Track record builds as more directional reports settle.

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Type Now
Jun 4, 2026
8d ago
8-K
NEUTRAL ★ 4/10
$23.60 $23.60· 0.00%▲ +2.60%$23.94 (+1.44%)
Jun 1, 2026
11d ago
8-K
NEUTRAL ★ 3/10
$23.11 $22.91▼ −0.87%▼ −0.17%$23.94 (+3.59%)
Apr 27, 2026
6w ago
8-K
BULLISH ★ 6/10
$23.20 $23.27▲ +0.28%▲ +0.29%$23.94 (+3.19%)
Apr 27, 2026
6w ago
Press Release
MIXED ★ 4/10
$23.20 $23.27▲ +0.28%▲ +0.29%$23.94 (+3.19%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (52h 18m)

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