UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT ~~REPORTPURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934~~REPORT

~~Date~~PURSUANT ofTO ~~Report~~SECTION ~~(Date~~13 ofOR ~~earliest~~15(d) ~~event~~OF ~~reported):~~THESECURITIES ~~September~~EXCHANGE ~~11,~~ACT ~~2025~~OF 1934

Date of Report (Date of earliest event reported): September 17, 2025

HOVNANIAN ENTERPRISES, INC.
(Exact Name of Registrant as Specified in its Charter)

Delaware

(State or Other

Jurisdiction

of Incorporation)

1-8551

(Commission File Number)

22-1851059

(IRS Employer

Identification No.)

90 Matawan Road, Fifth Floor

Matawan, New Jersey 07747
(Address of Principal Executive Offices) (Zip Code)

(732) 747-7800
(Registrant’s telephone number, including area code)

Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act.

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Class A Common Stock $0.01 par value per share	HOV	New York Stock Exchange
Preferred Stock Purchase Rights ⁽¹⁾	N/A	New York Stock Exchange
Depositary Shares each representing 1/1,000th of a share of 7.625% Series A Preferred Stock	HOVNP	The Nasdaq Stock Market LLC

(1) Each share of Class A Common Stock includes an associated Preferred Stock Purchase Right. Each Preferred Stock Purchase Right initially represents the right, if such Preferred Stock Purchase Right becomes exercisable, to purchase from the Company one ten-thousandth of a share of its Series B Junior Preferred Stock for each share of Common Stock. The Preferred Stock Purchase Rights currently cannot trade separately from the underlying Common Stock.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 85.0102. ~~Other~~Departure ~~Events~~of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

OnAs ~~September~~previously 11disclosed in the Quarterly Report on Form 10-Q for the quarterly period ended January 31, 2025, filed by Hovnanian Enterprises, Inc,. (the “Company”) ~~issued~~on aFebruary ~~press~~28, ~~release~~2025 ~~announcing~~ (the ~~pricing~~“First ofQuarter ~~$450.0~~10-Q”), ~~million~~the ~~aggregate~~Company’s ~~principal~~Board ~~amount~~ of ~~8.000%~~Directors ~~Senior Notes due 2031~~ (the “~~2031 Notes~~Board”) ~~and~~appointed ~~$450.0~~Alexander ~~million~~Hovnanian ~~aggregate~~to ~~principal~~the ~~amount~~position of ~~8.375%~~President ~~Senior~~and ~~Notes~~Michael ~~due~~Wyatt ~~2033~~to (the ~~“2033~~position ~~Notes”~~of ~~and~~Chief ~~together~~Operating ~~with~~Officer, ~~the~~each ~~2031~~effective ~~Notes~~November 1, 2025. At the ~~“Notes”)~~time toof bethe ~~issued~~First byQuarter K.10-Q ~~Hovnanian~~and ~~Enterprises,~~as ~~Inc.~~previously ~~(“K. Hovnanian”)~~disclosed, ano ~~wholly-owned~~determinations ~~subsidiary~~had ofbeen ~~the~~made ~~Company.~~with ~~The~~respect ~~offering~~to isany ~~expected~~changes to ~~close~~the oncompensation orarrangements ~~about~~of ~~September~~Messrs. ~~25,~~Hovnanian ~~2025,~~and ~~subject~~Wyatt toin ~~customary~~connection ~~closing~~with ~~conditions~~their respective appointments.

K.On ~~Hovnanian~~September ~~intends~~17, to2025, ~~use~~in ~~the~~connection ~~net~~with ~~proceeds~~Mr. ~~from~~Hovnanian’s ~~the~~promotion ~~offering~~ to ~~(i)~~President ~~fund~~and ~~the redemption of the entire outstanding principal amount of its 8~~Mr.0% ~~Senior~~Wyatt’s ~~Secured~~promotion ~~1.125~~to ~~Lien~~Chief ~~Notes~~Operating ~~due~~Officer, ~~2028 (~~the ~~“1.125~~Compensation ~~Lien~~Committee ~~Notes”)~~of atthe aBoard ~~redemption price equal to 104.000%~~ of the ~~principal~~Company ~~amount~~approved ~~thereof and~~ the ~~entire~~following ~~outstanding~~compensation ~~principal~~package ~~amount~~for each of ~~its 11~~Messrs.~~75%~~ ~~Senior~~Hovnanian ~~Secured~~and ~~1.25~~Wyatt: ~~Lien Notes due 2029~~ (~~the “~~1~~.25 Lien Notes” and together with the 1.125 Lien Notes, the “Existing Secured Notes”~~) at a ~~redemption~~base ~~price~~salary ~~equal to 100.000%~~ of ~~the principal amount thereof plus the applicable “make-whole” premium~~$750,000, ineffective ~~each~~November ~~case~~1, ~~plus~~2025; ~~accrued~~ and ~~unpaid interest to, but excluding, the redemption date,~~ (ii2) ~~repay~~a intarget ~~full~~multiple ~~all~~of ~~outstanding~~base ~~loans~~salary ~~under~~of ~~its Senior Secured~~ 1.7525 ~~Lien~~with ~~Term~~respect ~~Loan Facility due 2028 (the “Existing Term Loan Facility”) at par, plus accrued and unpaid interest~~ to, ~~but~~award ~~excluding,~~payouts ~~the~~made ~~prepayment~~under ~~date and (iii) pay all fees and expenses related thereto and~~ the ~~Notes~~Company’s ~~offering.~~Long-Term AIncentive ~~copy of the press release is attached hereto as Exhibit 99~~Program.~~1 and is incorporated herein by reference.~~

~~The~~In ~~Notes have not been registered under the Securities Act of 1933~~addition, aseach ~~amended (the “Securities Act”), any state securities laws or the securities laws~~ of ~~any~~Messrs. ~~other~~Hovnanian ~~jurisdiction,~~ and ~~may~~Wyatt ~~not~~will beremain ~~offered~~eligible ~~or sold in the United States, or for the benefit of U.S. persons, except pursuant~~ to anreceive ~~applicable~~other ~~exemption~~cash ~~from, or in a transaction not subject to, the registration requirements of the Securities Act~~ and ~~applicable~~equity ~~state~~awards ~~securities~~as ~~or blue sky laws. Accordingly, the Notes are being offered only~~ to ~~persons reasonably believed to~~ be ~~“qualified~~determined ~~institutional buyers” in reliance on the exemption from registration provided~~ by ~~Rule 144A under~~ the ~~Securities~~Compensation ~~Act,~~Committee ~~and to certain persons~~ in ~~offshore transactions in reliance on Regulation S under~~ the ~~Securities Act~~future. This Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy Notes in any jurisdiction in which such an offer or sale would be unlawful. Additionally, this Form 8-K does not constitute a notice of redemption of the Existing Secured Notes.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1	Press Release, dated September 11, 2025.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HOVNANIAN ENTERPRISES, INC. (Registrant)


	By:	/s/ Brad G. O’Connor
		Name: Brad G. O’Connor Title: Chief Financial Officer

Date: September 11 23, 2025

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