Director at NVR (NVR) receives stock option grant for 154 shares

Rhea-AI Filing Summary

NVR Inc. director David A. Preiser 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. Following this grant, he holds 154 stock options directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PREISER DAVID A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock option (right to buy)	154	$0.00	--

Holdings After Transaction: Stock option (right to buy) — 154 shares (Direct, null)

Footnotes (1)

Key Figures

Option Grant Size: 154 options Exercise Price: $5,720.10 per share Post-Grant Option Holdings: 154 options +2 more

5 metrics

Option Grant Size 154 options Shares of NVR common stock covered by grant

Exercise Price $5,720.10 per share Strike price for the granted stock options

Post-Grant Option Holdings 154 options Total stock options held directly after this grant

Vesting Date December 31, 2028 Date options become exercisable

Expiration Date May 13, 2036 Date options expire if unexercised

Key Terms

Stock option (right to buy), exercise price, expiration date, grant/award 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.

expiration date financial

"expiration_date: 2036-05-13T00:00:00.000Z"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

PREISER DAVID 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 David A. Preiser	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)

FAQ

What insider transaction did NVR (NVR) disclose in this Form 4?

NVR disclosed that director David A. Preiser received a grant of stock options for 154 shares of NVR common stock. This is a compensation-related award, not an open-market purchase or sale of existing shares.

How many NVR (NVR) shares are covered by David Preiser’s new stock options?

The new stock option grant to director David Preiser covers 154 shares of NVR common stock. These options give him the right to buy that number of shares at a preset exercise price in the future.

What is the exercise price of David Preiser’s NVR (NVR) stock options?

The stock options granted to David Preiser have an exercise price of $5,720.10 per share. This means he can purchase NVR common stock at that price once the options become exercisable, regardless of the market price then.

When do David Preiser’s NVR (NVR) stock options vest and expire?

David Preiser’s stock options become exercisable on December 31, 2028 and expire on May 13, 2036. After the expiration date, any unexercised options will no longer be usable to buy NVR shares.

Is David Preiser’s NVR (NVR) Form 4 transaction a market buy or sell?

No, this Form 4 reflects a grant/award acquisition of stock options, not a market trade. The company awarded options as compensation; there was no open-market buying or selling of NVR shares in this transaction.