NVR CFO reports small insider stock disposition of 3 shares

NVR Inc. reported an insider transaction by its Chief Financial Officer, Daniel D. Malzahn.

Rhea-AI Filing Summary

NVR Inc. reported an insider transaction by its Chief Financial Officer, Daniel D. Malzahn. On 12/15/2025, 3 shares of NVR common stock were disposed of at a reported price of $0 per share.

After this transaction, Malzahn beneficially owned 13,793 NVR common shares directly, plus 1,037 shares held indirectly through an ESOP Trust and 372 shares held indirectly through a Profit Sharing Trust. The filing was made by one reporting person.

Insider Trade Summary

3 shares gifted

Gift 3 txns

Insider Malzahn Daniel David

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Gift	NVR, Inc. common stock	3	$0.00	$0.00
holding	NVR, Inc. common stock	--	--	--
holding	NVR, Inc. common stock	--	--	--

Holdings After Transaction: NVR, Inc. common stock — 13,793 shares (Direct); NVR, Inc. common stock — 1,037 shares (Indirect, By ESOP Trust); NVR, Inc. common stock — 372 shares (Indirect, By Profit Sharing Trust)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NVR (NVR) disclose in this filing?

The filing reports that on 12/15/2025, NVR's Chief Financial Officer, Daniel D. Malzahn, disposed of 3 shares of NVR common stock at a reported price of $0 per share.

Who is the reporting person in this NVR (NVR) Form 4 filing?

The reporting person is Daniel D. Malzahn, who serves as Chief Financial Officer of NVR Inc.

How many NVR shares does the CFO own after the reported transaction?

Following the transaction, Daniel D. Malzahn beneficially owned 13,793 NVR common shares directly.

What indirect holdings of NVR shares are reported for the CFO?

In addition to direct holdings, the filing shows 1,037 NVR shares held indirectly through an ESOP Trust and 372 shares held indirectly through a Profit Sharing Trust.

Is this NVR (NVR) Form 4 filed by more than one reporting person?

No. The document indicates that the Form is filed by one reporting person, Daniel D. Malzahn.

What type of security is involved in this NVR (NVR) insider transaction?

The transaction and holdings relate to NVR, Inc. common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/16/2025 - 04:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Malzahn Daniel David

(Last) (First) (Middle)

11700 PLAZA AMERICA DR.

SUITE 500

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NVR INC [ NVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
NVR, Inc. common stock	12/15/2025		G		3	D	$0	13,793	D
NVR, Inc. common stock								1,037	I	By ESOP Trust
NVR, Inc. common stock								372	I	By Profit Sharing Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Daniel D. Malzahn	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.