霍夫纳尼安 2023年度报告

732-747-7800(Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: (1) Each share of Common Stock includes an associated Preferred Stock Purchase Right. Each Preferred StockPurchase Right initially represents the right, if such Preferred Stock Purchase Right becomes exercisable, topurchase from the Company one ten-thousandth of a share of its Series B Junior Preferred Stock for each share ofCommon Stock. The Preferred Stock Purchase Rights currently cannot trade separately from the underlyingCommon Stock.Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act of 1933. Yes☐No☐Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☐Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☐No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files). Yes☐No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non- accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “largeaccelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act.Large AcceleratedAccelerated Filer☐Nonaccelerated FilerSmaller ReportingEmerging Growth Filer☐☐Company☐Company☐ Table of ContentsIf 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 Section13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☐If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevantrecovery period pursuant to § 240.10D-1(b).☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☐The aggregate market value of the voting and nonvoting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such commonequity as of April 30, 2024 (the last business day of the registrant’s most recently completed second fiscal quarter)was $727,547,193.Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. 5,326,091 shares of Class A common stock and 729,354 shares of Class B common stock wereoutstanding as of December 12, 2024.HOVNANIAN ENTERPRISES, INC. Part III — Those portions of the registrant’s definitive proxy statement to be filed pursuant to Regulation 14A inconnection with registrant’s annual meeting of stockholders to be held on March 27, 2025, which are responsive tothose parts of Part III, Items 10, 11, 12, 13 and 14 as identified herein. Table of Contents FORM 10-KTABLE OF CONTENTS Item 1Business41ARisk Factors131BUnresolved Staff Comments251CCybersecurity252Properties273Legal Proceedings274Mine Safety Disclosures27Information About Our Executive Officers27 PART II 5Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities276Reserved287Management’s Discussion and Analysis of Financial Condition and Results of Operations297AQuantitative and Qualitative Disclosures About Market Risk518Financial Statements and Supplementary Data519Changes in and Disagreements with Accountants on Accounting and Financial Disclosure519AControls and Procedures529BOther Information529CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections52 PART III 10Directors, Executive Officers and Corporate Governance5311Executive Compensation5412Securit