NVR Inc (NYSE: NVR) director exercises options and records 200-share sale

Rhea-AI Filing Summary

NVR Inc director Susan Williamson Ross reported transactions dated 2026-02-05. She exercised stock options for 200 shares of NVR common stock at $1,700.00 per share and separately sold 200 shares at $8,091.62 per share. After these transactions, she directly owns 386 shares of NVR, Inc. common stock. The options were granted under the company’s 2014 Equity Incentive Plan, which vested in 25% increments between 2018 and 2021.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Ross Susan Williamson

Role Director

Sold 200 shs ($1.62M)

Approx. gross sale proceeds $1.62M

Approx. exercise cost $340K

Type	Security	Shares	Price	Value
Exercise	Stock option (right to buy)	200	$0.00	$0.00
Exercise	NVR, Inc. common stock	200	$1,700.00	$340K
Sale	NVR, Inc. common stock	200	$8,091.62	$1.62M

Holdings After Transaction: Stock option (right to buy) — 438 shares (Direct); NVR, Inc. common stock — 386 shares (Direct)

Footnotes (1)

1. F1. Stock options granted under the 2014 Equity Incentive Plan vest in 25% increments on 12/31/18, 12/31/19, 12/31/20 and 12/31/21.

Key Figures

Option exercise shares: 200 shares Option exercise price: $1,700.0000 per share Shares sold: 200 shares +3 more

6 metrics

Option exercise shares 200 shares Stock options exercised for common stock on 2026-02-05

Option exercise price $1,700.0000 per share Conversion or exercise price of options into NVR common stock

Shares sold 200 shares NVR, Inc. common stock sold on 2026-02-05

Sale price $8,091.6200 per share Per-share price for sale of NVR, Inc. common stock

Post-transaction holdings 386 shares Directly owned NVR, Inc. common stock after reported transactions

Option expiration date 2026-07-27 Expiration date of stock options that were exercised

Key Terms

Stock option (right to buy), 2014 Equity Incentive Plan, Exercise or conversion of derivative security

3 terms

Stock option (right to buy) financial

"Security title: Stock option (right to buy)"

2014 Equity Incentive Plan financial

"Stock options granted under the 2014 Equity Incentive Plan vest"

Exercise or conversion of derivative security financial

"Transaction code description: Exercise or conversion of derivative security"

FAQ

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

Susan Williamson Ross reported exercising stock options for 200 NVR shares at $1,700 and selling 200 shares at $8,091.62 on 2026-02-05. These transactions reflect option exercise and a same-day share sale.

How many NVR (NVR) shares did Susan Williamson Ross sell, and at what price?

She sold 200 shares of NVR, Inc. common stock at $8,091.62 per share. The transaction code was “S,” indicating a reported sale in an open market or private transaction.

What option exercise did Susan Williamson Ross complete for NVR (NVR) stock?

She exercised stock options for 200 shares of NVR common stock at an exercise price of $1,700.00 per share. The options were set to expire on 2026-07-27.

How many NVR (NVR) shares does Susan Williamson Ross own after these transactions?

Following the reported transactions, Susan Williamson Ross directly owns 386 shares of NVR, Inc. common stock. This post-transaction holding reflects her remaining direct equity position.

What is the source and vesting schedule of Susan Williamson Ross’s NVR (NVR) stock options?

Her stock options were granted under NVR’s 2014 Equity Incentive Plan and vested in 25% increments on 12/31/18, 12/31/19, 12/31/20 and 12/31/21, according to the disclosed footnote.

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 02/06/2026 - 05:03 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 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)
02/05/2026

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	02/05/2026		M		200	A	$1,700	586	D
NVR, Inc. common stock	02/05/2026		S		200	D	$8,091.62	386	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
Stock option (right to buy)	$1,700	02/05/2026		M			200	(1)	07/27/2026	Common stock	200	$0	438	D

Explanation of Responses:

1. Stock options granted under the 2014 Equity Incentive Plan vest in 25% increments on 12/31/18, 12/31/19, 12/31/20 and 12/31/21.

Remarks:

	Matthew B. Kelpy, Attorney-in-fact for Susan Williamson Ross	02/06/2026
	** 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.
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