NVR (NVR) director granted stock options on 154 shares at $5,720.10 strike

Rhea-AI Filing Summary

NVR Inc. director William Grady Rosier received a grant of stock options covering 154 shares of 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 derivative shares.

Insights

Equity compensation analyst

Director received a routine stock option grant with long-dated expiry.

NVR Inc. granted director William Grady Rosier stock options for 154 underlying common shares at an exercise price of $5,720.10 per share. The grant carries no immediate cash outlay and reflects standard board-level equity compensation.

The options expire on May 13, 2036, with an exercise date listed as December 31, 2028, indicating a long-term incentive horizon. Following the grant, Rosier holds 154 derivative shares via options directly, with no additional derivative positions shown in this filing.

This is classified as an acquisition transaction (code A) rather than an open-market purchase, so it mainly signals ongoing alignment of director incentives with shareholders instead of a discretionary trade based on near-term views of the stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ROSIER WILLIAM GRADY

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 shares Exercise price: $5,720.10 per share Expiration date: May 13, 2036 +2 more

5 metrics

Option grant size 154 shares Underlying common stock in new option grant

Exercise price $5,720.10 per share Stock option strike price

Expiration date May 13, 2036 Option expiration

Shares after transaction 154 derivative shares Total options held directly following grant

Transaction price per option $0.00 Grant cost at issuance

Key Terms

Stock option, Exercise price, Derivative, Grant, award, or other acquisition, +1 more

5 terms

Stock option financial

"Stock option (right to buy)"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

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.

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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

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^*

ROSIER WILLIAM GRADY

(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 William G. Rosier	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 did NVR (NVR) director William Grady Rosier report in this Form 4?

William Grady Rosier reported receiving a grant of stock options covering 154 NVR common shares. These options are a form of equity compensation, giving him the right to buy shares at a fixed price in the future.

How many NVR shares are covered by the new stock option grant?

The stock option grant covers 154 underlying NVR common shares. This entire amount is new derivative equity exposure, and after the grant Rosier’s directly held derivative position shown in the filing totals 154 shares via these options.

What is the exercise price of William Grady Rosier’s NVR stock options?

The options have an exercise price of $5,720.10 per NVR share. This strike price is the fixed amount he would pay per share if he chooses to exercise the options after they become exercisable.

When do William Grady Rosier’s NVR stock options expire?

The options expire on May 13, 2036. After this expiration date, Rosier would lose the right to buy NVR shares under this grant if he has not already exercised the options before that deadline.

Is this NVR Form 4 a stock purchase or a compensation grant?

This Form 4 reflects a compensation-related grant of stock options, not an open-market stock purchase. The transaction is coded “A” for grant, award, or other acquisition and carries a transaction price of $0.00 per option.

How did this stock option grant change William Grady Rosier’s NVR holdings?

Following the grant, Rosier’s directly held derivative position is 154 shares through stock options. The filing does not show additional option positions, so this grant represents the full derivative balance disclosed for him in this report.