---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-26-000051"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2026-05-15T21:07:04+00:00"
generated_at: "2026-05-15T21:10:09.246826+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# NVR awards 13,690 options to four top executives at $5,720.10 strike

## Summary
- Executive Chairman Paul Saville and CEO Eugene Bredow each receive 5,238 non-qualified stock options.
- CFO Daniel Malzahn receives 2,670 options; CAO Matthew Kelpy receives 544 options.
- Options split equally into time-based (vest Dec 31, 2028) and performance-based (tied to 3-year ROC).
- Exercise price set at $5,720.10 per share, the closing price on May 13, 2026.
- Grants made under NVR's 2018 Equity Incentive Plan with standard vesting and forfeiture conditions.

## SEC filing metadata
- accession: 0000906163-26-000051
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2026-05-15T21:07:04+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906163/000090616326000051/0000906163-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616326000051/nvr-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-26-000051
- JSON: https://secwatch.observer/filing/0000906163-26-000051.json
- Plain text: https://secwatch.observer/filing/0000906163-26-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.