NVR director receives new stock option grant
NVR Inc. director Alfred E. Festa received a grant of stock options as compensation.
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Form Type
4
Rhea-AI Filing Summary
NVR Inc. director Alfred E. Festa received a grant of stock options as compensation. He was awarded 154 stock options, each giving the right to buy one share of NVR common stock at an exercise price of $5,720.10. These options become exercisable on December 31, 2028 and expire on May 13, 2036. Following this grant, he holds 154 stock options directly.
Insider Trade Summary
Grant/Award: 154 shares
Grant/Award
1 txn
Insider
FESTA ALFRED E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 154 | $0.00 | $0.00 |
Holdings After Transaction:
Stock option (right to buy) — 154 contracts (Direct)
Key Figures
Options granted: 154 options
Exercise price: $5,720.10 per share
Options exercisable date: December 31, 2028
+2 more
5 metrics
Options granted
154 options
Stock option grant to director Alfred E. Festa
Exercise price
$5,720.10 per share
Exercise price for newly granted options
Options exercisable date
December 31, 2028
Date options become exercisable
Options expiration date
May 13, 2036
Expiration of option grant
Options held after grant
154 options
Total stock options following transaction
Key Terms
Stock option (right to buy), exercise price, expiration date, Common stock
4 terms
Stock option (right to buy) financial
"Stock option (right to buy)"
exercise price financial
"an exercise price of $5,720.10"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expire on May 13, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common stock financial
"right to buy one share of NVR common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NVR (NVR) report for Alfred E. Festa?
NVR reported that director Alfred E. Festa received a grant of 154 stock options. Each option allows him to buy one share of NVR common stock at a fixed exercise price, functioning as equity-based compensation rather than an open-market purchase or sale.
How many NVR stock options were granted to Alfred E. Festa?
Alfred E. Festa was granted 154 stock options. Each option represents the right to acquire one share of NVR common stock, creating potential future ownership if he chooses to exercise them after vesting and before the options expire under the grant terms.
What is the exercise price of Alfred E. Festa’s NVR stock options?
The exercise price of Alfred E. Festa’s NVR stock options is $5,720.10 per share. This is the fixed price he must pay to buy each share if he exercises the options after they become exercisable and before they reach their expiration date.
When can Alfred E. Festa begin exercising his NVR stock options?
Alfred E. Festa can begin exercising his NVR stock options on December 31, 2028. After this date, he may choose to purchase NVR common shares at the stated exercise price, subject to the overall expiration date of the option grant.
When do Alfred E. Festa’s NVR stock options expire?
Alfred E. Festa’s NVR stock options expire on May 13, 2036. He must decide whether to exercise the options between the exercisability date of December 31, 2028 and this expiration date, or the rights to buy shares will lapse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
