SAVILLE PAUL C 4
4 · NVR INC · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
NVR Exec Chairman Paul C. Saville Receives Option Grant
What Happened
Paul C. Saville, Executive Chairman of NVR, Inc. (NVR), was granted 2,619 derivative awards (stock options) on 2026-05-14, reported with an acquisition price of $0.00. The filing’s footnote states he also received an equal number (2,619) of performance‑based options, so the potential total underlying awards equal 5,238 options. These are grants (compensation), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely filing).
- Reported grant: 2,619 derivative shares (options) at $0.00 (standard reporting for option awards).
- Additional award: an equal number (2,619) of performance‑based options per footnote F1.
- Vesting condition: Time‑based options vest per the plan; performance options vest on the same schedule but are contingent on the Company’s return‑on‑capital performance for 2026–2028 (per F1).
- Shares owned after transaction: not specified in the supplied filing.
- Filing timeliness: Report appears timely (filed within required business‑day window).
Context
This was an executive compensation grant (options), not an exercise or sale—no immediate cash proceeds or share sales were reported. Performance‑based options require future company performance to vest, so their value depends on meeting the specified return‑on‑capital goals; any future exercises or sales would be reported in later filings.
Insider Transaction Report
- Award
Employee stock option (right to buy)
[F1]2026-05-14+2,619→ 2,619 totalExercise: $5720.10From: 2028-12-31Exp: 2036-05-13→ Common stock (2,619 underlying)
Footnotes (1)
- [F1]Time-based stock options granted under NVR, Inc. 2018 Equity Incentive Plan. Mr. Saville also received performance-based options under the NVR, Inc. 2018 Equity Incentive Plan for an equal number of shares. The performance-based options will vest on the same terms as the time-based options, subject to an additional requirement that vesting of the options is based on the Company's return on capital performance during 2026 to 2028.