Welcome to our dedicated page for Nobility Homes SEC filings (Ticker: NOBH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Nobility Homes, Inc. (NOBH) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including current reports on Form 8-K and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer structured insight into Nobility’s manufactured and modular home business, its financial reporting, and matters reviewed by its Board of Directors and audit committee.
Recent Form 8-K filings describe changes in Nobility’s independent certified public accounting firms, including the resignation of a previously appointed firm and the engagement of a new independent accounting firm. The company reports that there were no disagreements with the resigning firm on accounting principles or practices, financial statement disclosure, or auditing scope or procedures, and that there were no reportable events as defined in SEC regulations. Other 8-K filings incorporate earnings releases as exhibits, which summarize quarterly and annual sales, income from operations, net income and other performance metrics.
Through this page, users can track how Nobility Homes reports its financial condition, including references in filings to cash and investments, working capital, stockholders’ equity and the absence of outstanding debt in recent periods. Stock Titan enhances these filings with AI-powered summaries that explain the significance of each document in clear language, helping users understand items such as auditor changes, results of operations and financial condition disclosures. Real-time updates from EDGAR mean that new Nobility Homes filings, including future annual reports on Form 10-K, quarterly reports on Form 10-Q and additional Forms 8-K, become available on the platform as they are filed, alongside tools to quickly review the contents without reading every page in full.
Nobility Homes reported softer first-quarter 2026 results as higher interest rates and economic uncertainty weighed on demand for higher-priced manufactured homes. Net sales declined to $10.5 million from $12.2 million a year earlier, and net income decreased to $1.6 million from $2.0 million, with earnings per diluted share slipping to $0.50 from $0.60.
Gross margin narrowed to 30% from 32% as the mix shifted toward lower-margin wholesale sales to independent dealers and away from higher-margin company-owned retail centers. Operating expenses fell in absolute terms and as a share of sales, but not enough to offset the profit impact of lower volumes and mix.
The balance sheet remained strong, with total assets of about $65.9 million and stockholders’ equity of roughly $59.4 million, and no debt. Cash and cash equivalents were $11.1 million, supplemented by certificates of deposit and short-term investments. During January 2026, the company repurchased 100,000 shares from its President at $29.70 per share, and in March the board declared a one-time cash dividend of $1.50 per share for fiscal 2025. Management expects supply chain issues, material inflation and interest-rate pressures to persist through fiscal 2026.
Nobility Homes, Inc. reported softer results for its first quarter ended January 31, 2026 and declared a one-time cash dividend. Net sales were $10.5 million versus $12.2 million a year earlier, with net income of $1.6 million compared to $2.0 million. Earnings per share were $0.50, down from $0.61 basic in the prior-year quarter.
The company highlighted a strong balance sheet, including $25.9 million in cash, cash equivalents, certificates of deposit and short-term investments, no outstanding debt, working capital of $45.6 million, and stockholders’ equity of $59.4 million with book value of $18.85 per share. The Board declared a one-time cash dividend of $1.50 per common share for fiscal 2025, payable on April 13, 2026 to shareholders of record on March 30, 2026.
Management attributed lower sales and earnings to fewer higher-margin homes sold through company-owned retail centers, a shift toward lower-priced homes, higher interest rates, supply chain delays, labor shortages, and inflation in building products, and indicated these challenges are expected to continue through fiscal 2026.
Nobility Homes, Inc. extended the life of its 2011 Stock Incentive Plan, moving the termination date from June 1, 2026 to June 1, 2031. This keeps the company’s existing equity plan available for grants for an additional five years.
At the same annual meeting on March 6, 2026, shareholders elected four directors—Terry E. Trexler, Thomas W. Trexler, Arthur L. Havener Jr., and Robert P. Saltsman—with vote totals over 2.86 million shares for each nominee and no votes against. Shareholders also chose to hold advisory votes on executive compensation every three years, with 2,766,714 votes favoring the three‑year frequency. A separate advisory resolution approving 2025 executive compensation passed with 2,880,876 votes for, 344 against, and 895 abstentions.
Nobility Homes, Inc. is asking shareholders to vote at its March 6, 2026 annual meeting in Ocala, Florida on three items: electing four directors, choosing how often to hold future advisory votes on executive pay, and approving a non-binding 2025 say‑on‑pay resolution.
The board currently has four members, two of whom are considered independent under NASDAQ standards, and all directors attended every board and committee meeting in fiscal 2025. Executive pay for CEO Terry E. Trexler and CFO Thomas W. Trexler consisted mainly of salary of $93,500 and bonuses of $280,000 each in both 2024 and 2025, with no equity awards.
For 2025, the pay-versus-performance table shows total compensation “actually paid” matching summary compensation and net income of $8,446,383, alongside a total shareholder return value of 97.42 on a $100 baseline. Directors Havener and Saltsman, both independent, received cash fees only.
The company reports that insiders complied with Section 16(a) filing requirements. Nobility also discloses auditor changes in 2025, moving from Hancock Askew & Co., LLP to Baker Tilly US, LLP, then Michael Gillespie & Associates, PLLC, and finally appointing dbbmckennon, with 2025 audit fees of $196,863. A related-party disclosure notes sales of $221,620 in 2024, and none in 2025, to communities associated with entities owned by Terry and Thomas Trexler.
Gabelli-affiliated investment entities have disclosed a larger stake in Nobility Homes Inc. common stock. They report beneficial ownership of 533,783 shares, or 16.93% of the 3,153,665 shares outstanding as noted in the company’s most recent Form 10‑K for the year ended November 1, 2025.
The increase reflects additional purchases and a reduction in Nobility Homes’ shares outstanding. Key holders include GAMCO Asset Management with 276,550 shares (8.77%), Gabelli Funds with 160,283 shares (5.08%), Teton Advisors with 94,950 shares (3.01%), and smaller positions at Gabelli Foundation and MJG Associates. The reporting group used approximately $651,127 to buy additional shares since their prior ownership report.
Nobility Homes, Inc. reports fiscal 2025 net sales of $52.7 million and net income of $8.4 million, slightly below the prior year. The Florida-based manufacturer sells about 100 models of manufactured and modular homes, mainly through its Prestige retail centers, which generated most sales.
Gross margin declined from 34% to 32% as mix shifted toward lower-margin wholesale sales and lower-priced homes driven by higher mortgage rates. Operating income was $10.0 million, with diluted EPS of $2.58. The balance sheet remains debt-free, with total assets of about $67.1 million, cash and cash equivalents of $13.2 million, and stockholders’ equity of about $60.7 million.
The company faces material and labor shortages, inflation, and softer demand as Florida manufactured housing shipments fell about 9%. Management paid a $1.25 per-share cash dividend, repurchased 15,333 shares in 2025, and highlights strong liquidity, including certificates of deposit, short-term investments, and life insurance cash value, to support ongoing operations and future opportunities.
Nobility Homes, Inc.’s major shareholder Terry E. Trexler, acting through the Terry E. Trexler Revocable Trust, has updated his ownership following a share sale back to the company. On January 22, 2026, the Trust sold 100,000 shares of Nobility Homes common stock to the company. After this transaction, Mr. Trexler beneficially owns 1,583,826 shares of common stock, including 3,291 shares held through the Nobility Homes, Inc. 401(k) plan. This represents approximately 50% of the 3,168,988 shares of common stock outstanding as of September 9, 2025, so he remains a controlling shareholder with sole voting and dispositive power over these shares.
Nobility Homes President, CEO and director Terry E. Trexler reported an indirect sale of common stock through a revocable trust he beneficially owns. On January 22, 2026, the trust disposed of 100,000 shares of Nobility Homes common stock at $29.7 per share, using transaction code "D" for a disposition.
After this transaction, the revocable trust held 1,580,535 shares of Nobility Homes common stock as indirect ownership. Separately, Trexler also held 3,291 shares directly in the issuer’s 401(k) plan. The filing underscores that Trexler is the 100% beneficial owner of the revocable trust that conducted the sale.
Nobility Homes, Inc. engaged dbbmckennon LLC to serve as its independent certified public accounting firm, effective immediately on October 31, 2025. The Audit Committee approved the engagement.
The company states that during the two most recent fiscal years and through the date of the report, neither Nobility Homes nor anyone acting on its behalf consulted with dbbmckennon on the application of accounting principles to a specific transaction or on the type of audit opinion that might be rendered. The company also reports no disagreements and no reportable events in connection with dbbmckennon. This filing signals an auditor appointment with standard assurances that there were no prior consultations or issues tied to the new firm.