PREISER DAVID A 4

What Happened
David A. Preiser, a director of NVR, was granted 154 shares (reported as a derivative acquisition, transaction code A) on 2026-05-14. The Form 4 reports an acquisition price of $0.00 for the 154 shares — this reflects a grant/award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely within the two-business-day window)
• Transaction type/code: Award/Grant (A); 154 shares acquired; price reported $0.00
• Shares owned after transaction: Not specified/disclosed in the provided filing
• Footnotes/plans: No 10b5-1 plan or tax-withholding notes shown in the provided filing

Context
This was an equity award (derivative acquisition) typical of director compensation (e.g., restricted stock units or stock awards). Such grants are routine compensation and do not by themselves indicate insider buying conviction like an open-market purchase would. The $0.00 per-share line on the Form 4 reflects how the award is reported on the Form 4; additional details (vesting, fair value) may appear in the company’s proxy or Form 10-K/DEF 14A disclosures.