NVR INC 8-K

What Happened
NVR, Inc. announced the results of its Annual Meeting of Shareholders held May 7, 2026. There were 2,778,119 shares eligible to vote. All nominees were elected to one-year terms on the board. KPMG LLP was ratified as the Company’s independent auditor for 2026. The non‑binding advisory vote on executive compensation ("say‑on‑pay") was approved. A shareholder proposal to disclose greenhouse gas emissions was not approved, and a separate proposal to lower the ownership threshold to call a special meeting was not properly presented and therefore was not voted on.

Key Details

• Shares eligible to vote: 2,778,119 (meeting held May 7, 2026; 8‑K filed May 8, 2026).
• Directors re‑elected (selected examples): Paul C. Saville — 2,367,703 for / 80,545 against; Sallie B. Bailey — 2,432,973 for / 13,494 against. Broker non‑votes on director elections: 120,871.
• Auditor ratification: KPMG LLP — 2,408,041 for / 159,929 against / 2,509 abstentions.
• Say‑on‑pay (advisory): 2,356,887 for / 84,062 against / 8,659 abstentions; broker non‑votes: 120,871.
• GHG disclosure proposal: 1,146,987 for / 1,285,845 against / 16,776 abstentions; broker non‑votes: 120,871.
• Special‑meeting threshold proposal was not properly presented by the proponent and therefore not voted on; the company notes that, had it been presented, it would not have passed.

Why It Matters
These results confirm continuity in NVR’s board and governance team (all directors re‑elected) and show shareholder support for management’s auditor choice and executive compensation policy (advisory). The rejection of the greenhouse gas disclosure proposal indicates a majority of voting shareholders did not favor that disclosure at this meeting. The procedural failure to present the special‑meeting threshold proposal prevented shareholder consideration of a governance change that can affect how easily holders can call special meetings. Together, the votes provide insight into current shareholder sentiment on governance and ESG-related proposals.