NVR director granted options on 154 shares

NVR Inc director Charles Elliott Andrews reported receiving a grant of stock options under the company’s equity compensation program.

Rhea-AI Filing Summary

NVR Inc director Charles Elliott Andrews reported receiving a grant of stock options under the company’s equity compensation program. The award covers 154 stock options, each giving the right to buy one share of NVR common stock at an exercise price of $5,720.10 per share.

These options are scheduled to become exercisable on December 31, 2028 and will expire on May 13, 2036 if not exercised. Following this grant, Andrews holds 154 stock options directly, reflecting a compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 154 shares

Grant/Award 1 txn

Insider ANDREWS CHARLES ELLIOTT

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

Stock options granted: 154 options Exercise price: $5,720.10 per share Underlying shares: 154 shares +3 more

6 metrics

Stock options granted 154 options Grant on May 14, 2026

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

Underlying shares 154 shares Common stock underlying the options

Post-grant option holdings 154 options Total derivative holdings after transaction

Exercisable date December 31, 2028 Scheduled exercise date for options

Expiration date May 13, 2036 Option term end date

Key Terms

Stock option (right to buy), conversion or exercise price, expiration date

3 terms

Stock option (right to buy) financial

"security_title: Stock option (right to buy)"

conversion or exercise price financial

"conversion_or_exercise_price: 5720.1000"

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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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

FAQ

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

What insider transaction did NVR (NVR) disclose for Charles Elliott Andrews?

NVR reported that director Charles Elliott Andrews received a grant of 154 stock options. Each option allows him to buy one share of NVR common stock, reflecting a compensation-related award rather than an open-market trade.

How many NVR (NVR) shares are covered by Andrews’ new stock options?

The grant covers 154 stock options linked to 154 shares of NVR common stock. This means Andrews can acquire up to 154 shares if he chooses to exercise all the awarded options in the future.

What is the exercise price of Charles Elliott Andrews’ NVR stock options?

Each stock option granted to Charles Elliott Andrews has an exercise price of $5,720.10 per share. This is the fixed price he would pay per share if he exercises the options after they become exercisable.

When do Charles Elliott Andrews’ NVR stock options become exercisable?

The stock options granted to Charles Elliott Andrews are scheduled to become exercisable on December 31, 2028. After that date, he may choose to exercise the options at the set $5,720.10 per-share exercise price until expiration.

When do the newly granted NVR stock options to Andrews expire?

The stock options granted to Charles Elliott Andrews will expire on May 13, 2036. If he does not exercise them by that date, the right to buy NVR shares at $5,720.10 per share will lapse and become worthless.

How many NVR stock options does Andrews hold after this transaction?

After this compensation grant, Charles Elliott Andrews holds 154 stock options directly. This figure reflects the total derivative position reported in the filing and indicates his potential to acquire the same number of NVR common shares.

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

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Accepted by SEC EDGAR 05/18/2026 - 03:50 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^*

ANDREWS CHARLES ELLIOTT

(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 Charles Elliott Andrews	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)