Form 4: NVR Director Alexandra Jung Disposes of 50 Shares

Rhea-AI Filing Summary

Alexandra A. Jung, a director of NVR, Inc. (NVR), reported a sale of NVR common stock on 08/22/2025. The Form 4 shows she disposed of 50 shares in a transaction that generated $8,231.74 in proceeds. After the reported sale, she beneficially owned 75 shares. The filing was submitted as a Form 4 by one reporting person and was signed on behalf of Ms. Jung by attorney-in-fact Matthew B. Kelpy on 08/26/2025. No derivative transactions or additional securities classes are disclosed in this filing.

Insights

Corporate Governance Expert

TL;DR: Director sale is very small relative to typical director holdings; appears routine and likely immaterial to shareholders.

The Form 4 documents a routine open-market sale by a board director: 50 shares sold for $8,231.74, leaving 75 shares owned. The filing includes a principal signature by an attorney-in-fact rather than the reporting person, which is an accepted practice but worth noting for chain-of-custody and disclosure completeness. Given the small absolute size of the transaction and the low remaining holding, this does not represent a material change in insider ownership and is unlikely to affect governance or control dynamics.

Securities Analyst

TL;DR: Transaction size is minimal; no derivatives or additional dispositions disclosed, so market impact is negligible.

The report lists a single non-derivative sale of 50 common shares on 08/22/2025 for $8,231.74, leaving 75 shares beneficially owned. There are no other transactions or derivative positions reported. For investors and analysts tracking insider activity, this item is informational but falls below materiality thresholds and should not be interpreted as a substantive signal about company performance.

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
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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^*

Jung Alexandra A

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		S		50	D	$8,231.74	75	D

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:

	Matthew B. Kelpy, Attorney-in-fact for Alexandra A. Jung	08/26/2025
	** 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.

FAQ

Who filed the Form 4 for NVR (NVR)?

The Form 4 was filed for Alexandra A. Jung, who is identified as a director of NVR, Inc.

What transaction did Alexandra A. Jung report on Form 4 for NVR?

She reported a non-derivative sale of 50 shares of NVR common stock on 08/22/2025 for $8,231.74.

How many NVR shares does Alexandra A. Jung own after the reported transaction?

Following the reported sale, she beneficially owned 75 shares of NVR common stock.

Was the Form 4 signed by the reporting person?

The filing bears a signature from Matthew B. Kelpy, Attorney-in-fact for Alexandra A. Jung, dated 08/26/2025.