NVR (NVR) director receives 154-share stock option grant

Rhea-AI Filing Summary

NVR Inc director Alexandra A. Jung received a grant of stock options covering 154 shares of NVR common stock. The options have an exercise price of $5,720.10 per share, become exercisable on December 31, 2028, and expire on May 13, 2036. After this grant, she holds options on 154 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jung Alexandra A

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 shares (Direct)

Key Figures

Option grant size: 154 options Exercise price: $5,720.10 per share Underlying shares: 154 shares +3 more

6 metrics

Option grant size 154 options Stock option (right to buy) granted to director on May 14, 2026

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

Underlying shares 154 shares Underlying NVR common stock per the option grant

Options exercisable date December 31, 2028 Exercise date for the granted options

Options expiration date May 13, 2036 Expiration date of stock option grant

Options held after grant 154 options Total derivative shares following transaction, held directly

Key Terms

Stock option (right to buy), Grant, award, or other acquisition, exercise price, underlying security, +1 more

5 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"

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.

underlying security financial

"underlying_security_title: Common stock"

derivative financial

"transaction_type: derivative"

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/18/2026 - 03:40 PM Learn about SEC filing dates

FAQ

What insider transaction did NVR (NVR) director Alexandra Jung report?

Director Alexandra A. Jung reported receiving a grant of stock options for 154 shares of NVR common stock. This is a compensation-related acquisition, not an open-market purchase, and reflects additional equity-based incentives tied to the company’s share price performance.

What is the exercise price of Alexandra Jung’s new NVR stock options?

The granted stock options have an exercise price of $5,720.10 per share. This means Jung can buy NVR common stock at $5,720.10 once the options are exercisable, regardless of the market price at that future time.

When do Alexandra Jung’s NVR stock options become exercisable and when do they expire?

The stock options become exercisable on December 31, 2028 and expire on May 13, 2036. She can choose to exercise the options any time between those dates, subject to applicable plan terms and conditions.

How many NVR shares are covered by Alexandra Jung’s stock option grant?

The stock option grant covers 154 shares of NVR common stock. Following this grant, her reported derivative holdings show options on 154 underlying shares, highlighting a relatively small but direct equity-linked position.

Did Alexandra Jung buy or sell NVR shares in the open market?

No open-market buy or sell was reported. The filing shows an “A” code transaction described as a grant, award, or other acquisition of stock options, reflecting compensation rather than discretionary market trading.

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^*

Jung Alexandra A

(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 Alexandra A. Jung	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)