AllianceBernstein L.P. Reduces Stake in Hanover Bancorp Inc (HNVR) Below 5% Threshold

AllianceBernstein L.P. filed a Schedule 13G/A on May 18, 2026, disclosing a reduction in its position in Hanover Bancorp Inc (HNVR). As of the event date on March 31, 2026, the filer reported beneficial ownership of 317,382 shares of common stock, representing 4.4% of the company. This is a decrease from the previously reported 373,571 shares and a 5.2% ownership stake. Consequently, AllianceBernstein L.P. has crossed below the 5% beneficial ownership threshold, as indicated by the 'Y' flag in Item 5 of the filing. The shares are held solely for investment purposes on behalf of client discretionary investment advisory accounts. AllianceBernstein L.P., a Delaware limited partnership and majority-owned subsidiary of Equitable Holdings, Inc., maintains independent management and reporting from its parent company. The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.