NVR (NVR) director Michael DeVito receives grant of 154 high‑priced stock options

Rhea-AI Filing Summary

NVR Inc. director Michael J. DeVito received a grant of 154 stock options on common stock. The options have an exercise price of $5,720.10 per share, expire on May 13, 2036, and increase his directly held option position to 154 options, reflecting routine equity compensation rather than a market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DeVito Michael J

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

Options granted: 154 options Exercise price: $5,720.10 per share Expiration date: May 13, 2036 +3 more

6 metrics

Options granted 154 options Stock option grant on common stock to director Michael J. DeVito

Exercise price $5,720.10 per share Exercise price for newly granted NVR stock options

Expiration date May 13, 2036 Option expiration for DeVito’s 154 NVR options

Post‑grant derivative holdings 154 options Total NVR stock options held directly after transaction

Underlying shares 154 shares Common shares underlying the new stock options

Grant date May 14, 2026 Date of stock option grant reported on Form 4

Key Terms

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

4 terms

Stock option (right to buy) financial

"security_title: Stock option (right to buy)"

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"

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.

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^*

DeVito Michael J

(Last) (First) (Middle)

11700 PLAZA AMERICA DR.

STE. 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 Michael J. DeVito	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) director Michael J. DeVito report?

Michael J. DeVito reported receiving a grant of 154 stock options in NVR common stock. These options are a form of equity compensation and were not bought on the open market, but awarded at no cost per option on the grant date.

What is the exercise price of Michael J. DeVito’s new NVR stock options?

The granted NVR stock options have an exercise price of $5,720.10 per share. This is the fixed price at which DeVito can buy NVR common stock under the option terms, regardless of future market prices at exercise time.

When do Michael J. DeVito’s newly granted NVR stock options expire?

The newly granted NVR stock options to Michael J. DeVito expire on May 13, 2036. He may choose to exercise them before that expiration date, subject to any vesting or plan conditions not detailed in this specific Form 4 filing.

How many NVR options does Michael J. DeVito hold after this Form 4 transaction?

After this grant, Michael J. DeVito holds 154 NVR stock options directly. The Form 4 shows this as his total derivative holdings following the transaction, highlighting a relatively small, routine equity award for a company director.

Was Michael J. DeVito’s NVR Form 4 transaction a market buy or sell of shares?

The reported transaction was not a market buy or sell of NVR shares. It was a grant of 154 stock options as compensation, coded as an acquisition (A), with no open-market purchase or sale activity disclosed in this particular filing.