NVR director granted options on 154 shares

NVR Inc director Oliver George reported receiving a stock option grant.

Rhea-AI Filing Summary

NVR Inc director Oliver George reported receiving a stock option grant. He was awarded options for 154 shares of NVR common stock at an exercise price of $5,720.10 per share. The options become exercisable on December 31, 2028 and expire on May 13, 2036, leaving him with 154 options after this grant.

Insider Trade Summary

Grant/Award: 154 shares

Grant/Award 1 txn

Insider Oliver George

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 after transaction: 154 options +3 more

6 metrics

Options granted 154 options Stock option grant reported on Form 4

Exercise price $5,720.10 per share Stock option strike price

Options after transaction 154 options Total derivative holdings following grant

Grant transaction date May 14, 2026 Date of stock option grant

Exercisable on December 31, 2028 Option exercise start date

Expiration date May 13, 2036 Option expiration

Key Terms

Stock option (right to buy), exercise price, Common stock, Grant, award, or other acquisition

4 terms

Stock option (right to buy) financial

"security_title: Stock option (right to buy)"

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.

Common stock financial

"underlying_security_title: 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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

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

What insider transaction did NVR (NVR) director Oliver George report?

Oliver George reported receiving a stock option grant for 154 NVR shares. The options carry a $5,720.10 exercise price per share and were awarded at no cost, reflecting equity-based compensation rather than an open-market purchase or sale.

Was the NVR Form 4 for Oliver George a stock purchase or sale?

The Form 4 reports an acquisition via option grant, not a market trade. George received 154 stock options as compensation, with an exercise price of $5,720.10 per share, and did not buy or sell common shares in the market.

How many NVR shares are covered by Oliver George’s new stock options?

The newly granted options give Oliver George the right to buy 154 NVR common shares. These options were awarded at no cost and represent his entire reported derivative position of 154 options following the transaction.

What is the exercise price and term of Oliver George’s NVR stock options?

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

Did Oliver George hold NVR stock options before this reported grant?

Based on this report, Oliver George holds 154 options following the grant, matching the 154 options awarded. This indicates his reported derivative holdings in NVR consist entirely of this new stock option grant as shown in the filing.

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

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Accepted by SEC EDGAR 05/18/2026 - 03:47 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^*

Oliver George

(Last) (First) (Middle)

11700 PLAZA AMERICA DR.

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 George Oliver	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)