SAVILLE PAUL C 4

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.