NVR director receives options for 154 shares

NVR Inc director Susan Williamson Ross reported a compensation-related stock option grant.

Rhea-AI Filing Summary

NVR Inc director Susan Williamson Ross reported a compensation-related stock option grant. She received options to acquire 154 shares of NVR common stock at an exercise price of $5,720.10 per share.

The options are exercisable into 154 shares of common stock starting on December 31, 2028 and expire on May 13, 2036. Following this grant, she holds stock options covering 154 shares directly. This is a routine award rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 154 shares

Grant/Award 1 txn

Insider Ross Susan Williamson

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 Underlying shares: 154 shares +3 more

6 metrics

Options granted 154 options Stock option grant to director on May 14, 2026

Exercise price $5,720.10 per share Conversion or exercise price of stock options

Underlying shares 154 shares Common stock underlying the new options

Exercise start date December 31, 2028 Exercise date of stock options

Expiration date May 13, 2036 Option term end for this grant

Options after transaction 154 options Total stock options held directly after grant

Key Terms

Stock option (right to buy), Grant, award, or other acquisition, underlying security, exercise price

4 terms

Stock option (right to buy) financial

"security_title: Stock option (right to buy)"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

underlying security financial

"underlying_security_title: Common stock"

exercise price financial

"conversion_or_exercise_price: 5720.1000"

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.

FAQ

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

What did NVR (NVR) director Susan Williamson Ross report in this Form 4?

She reported receiving a stock option grant covering 154 shares of NVR common stock. The award is a compensation-related grant, not an open-market trade, and gives her the right to buy shares at a fixed exercise price in the future.

Is the NVR (NVR) Form 4 transaction a stock purchase or sale?

It is not a market purchase or sale. The filing shows a code "A" transaction, described as a grant, award, or other acquisition of stock options, awarded at no cost per option as part of compensation.

How many NVR (NVR) shares are covered by the new stock options?

The options cover 154 shares of NVR common stock. Each option gives the director the right to buy one share at the stated exercise price, so the total potential underlying ownership from this grant is 154 shares if fully exercised.

What is the exercise price and term of the new NVR (NVR) options?

The stock options have an exercise price of $5,720.10 per share. They become exercisable on December 31, 2028 and expire on May 13, 2036, giving a multi-year window for potential exercise.

How many NVR (NVR) stock options does the director hold after this grant?

After the reported grant, the director holds stock options covering 154 shares directly. This reflects the full amount of the new award, with no other derivative positions listed in this filing’s derivative holdings summary.

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

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Accepted by SEC EDGAR 05/18/2026 - 03:46 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^*

Ross Susan Williamson

(Last) (First) (Middle)

11700 PLAZA AMERICA DRIVE

SUITE 500

(Street)

RESTON VIRGINIA 20190

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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

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

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

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

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
Stock option (right to buy)	$5,720.1	05/14/2026		A		154		12/31/2028	05/13/2036	Common stock	154	$0	154	D

Explanation of Responses:

Remarks:

	Matthew B. Kelpy, Attorney-in-fact for Susan Williamson Ross	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)