Welcome to our dedicated page for NVR SEC filings (Ticker: NVR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NVR, Inc. filings document a NYSE-listed homebuilding and mortgage banking company with common stock registered under the ticker NVR. Form 8-K reports furnish quarterly and annual financial results, including homebuilding orders, settlements, backlog, pricing, gross margin and mortgage banking activity as part of the company’s results of operations and financial condition.
Proxy and governance filings cover director elections, Board committee assignments, auditor ratification, advisory executive compensation votes, shareholder proposals and equity incentive awards for non-employee directors. The filings also record Board appointments, independence determinations, committee assignments and capital-structure details related to NVR’s common stock.
Matthew B. Kelpy, VP and Chief Accounting Officer of NVR, Inc. (NVR), reported securities transactions dated 08/13/2025. The Form 4 lists two transactions on that date: one coded M and one coded S, each involving 600 shares. The filing shows direct beneficial ownership figures of 808 and 208 shares following the reported transactions, and indirect holdings of 33 shares via a Profit Sharing Trust and 22 shares via an ESOP Trust. The filing also reports an employee stock option covering 600 underlying shares with an expiration date of 02/29/2028. Monetary figures shown on the form include $2,843.17 and $8,100.
NVR, Inc. filed a Form 144 reporting a proposed sale of 600 shares of Common Stock through Merrill Lynch on the NYSE, listing an aggregate market value of 4,777,380 and showing 2,869,801 shares outstanding. The filing states the securities were acquired on 08/13/2025 via stock options and that payment/settlement occurred the same day by a cashless stock option exercise. The table shows the broker as Merrill Lynch, 1152 15th Street NW, Washington DC.
The filer reports nothing to report for securities sold during the past three months. The notice includes the standard representation that the selling person does not possess undisclosed material adverse information. The filing does not provide identifying contact or named selling person details in the visible fields.
NVR, Inc. (NYSE: NVR) Q2-25 10-Q highlights
Revenue was essentially flat YoY at $2.60 bn, but net income fell 17 % to $333.7 mn, driving diluted EPS down to $108.54 (-10 %). Six-month revenue edged up 1 % to $5.00 bn, yet net income declined 20 % to $633.3 mn and diluted EPS to $203.20. Homebuilding gross margin compressed to 21.5 % from 23.6 % on higher lot costs, pricing pressure and $13.2 mn lot-deposit impairments.
Orders and backlog weakened: new orders dropped 11 % to 5,379 units, cancellation rate rose to 16.5 % (12.9 % LY) and backlog units fell 13 % to 10,069. Average selling prices were largely unchanged. Cash, restricted cash and equivalents declined to $1.83 bn (-31 % YTD) after $1.05 bn of share buybacks. Total debt remains modest with $900 mn 3.00 % senior notes due 2030; no revolver or repo borrowings were outstanding.
The company renewed its $300 mn unsecured revolver (matures 2030) and extended its $150 mn mortgage repurchase facility to 2026. Controlled lot position expanded to 171,400 lots (+9,000 YTD) but contract-land impairments rose to $76.4 mn. Effective tax rate increased to 25.4 % from 24.9 % due to lower stock-option tax benefits.
Outlook: Management cites affordability headwinds, higher inventory and economic volatility; expects continued margin pressure but believes strong liquidity and conservative land strategy provide flexibility.
On 08/05/2025, director Susan Williamson Ross filed a Form 4 covering transactions in NVR, Inc. (NVR) common stock executed on 08/04/2025. She exercised 125 stock options at an exercise price of $1,700 (code M) and sold the same 125 shares into the market at $7,850.28 per share (code S). The paired exercise-and-sale generated an implied gross spread of roughly $770 k but left her net share count unchanged.
Post-transaction, Ross holds 386 common shares directly and 858 unexercised options under the 2014 Equity Incentive Plan. The filing contains no new equity grants, compensation changes or company-level financial data. Given the zero net change in ownership and the modest size relative to NVR’s multi-billion-dollar market cap, the activity appears routine portfolio management rather than a signal of changing insider sentiment.
NVR, Inc. – Form 4 (filed 08-05-2025)
Chief Financial Officer Daniel D. Malzahn reported a Code G bona-fide gift of 33 NVR common shares on 08-01-2025. Gifts are non-cash transfers, so no price was listed.
- Direct holdings after gift: 13,796 shares
- Indirect holdings: 1,037 shares via ESOP Trust and 372 shares via Profit-Sharing Trust
- Total beneficial ownership: 15,205 shares
No derivative securities were acquired or disposed of. The 33-share reduction represents roughly 0.2 % of the officer’s reported holdings and is immaterial relative to NVR’s ~3.2 million diluted shares outstanding. The filing therefore carries limited investment significance beyond routine compliance.