secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2026-05-15T21:07:04+00:00
Accession:  0000906163-26-000051
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616326000051/0000906163-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616326000051/nvr-20260514.htm
  HTML page:      https://secwatch.observer/filing/0000906163-26-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer