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AI brief of an SEC Form 8-K · NVR (NVR)

NVR grants stock options to four executives, including CEO Eugene Bredow

Neutral Impact 2 of 5 shareholder Written later

On May 14, 2026, NVR's Compensation Committee approved stock option grants to four executive officers, with Chairman Paul Saville and CEO Eugene Bredow each receiving 5,238 options. Half of each award vests on December 31, 2028 based on continued employment, and the other half also depends on NVR's return on capital from 2026 through 2028. The grants are routine compensation actions tied partly to performance.

Key points

  • Grant date May 14, 2026; exercise price $5,720.10 per share, the prior day's closing price
  • Paul C. Saville (Executive Chairman) and Eugene J. Bredow (President and CEO) each received 5,238 options
  • Daniel D. Malzahn (CFO) received 2,670 options and Matthew B. Kelpy (Chief Accounting Officer) received 544 options
  • Performance-based half vests based on NVR return on capital during 2026 through 2028

The filing

CompanyNVR (NVR)
Form8-K, current report
Filed with the SECMay 15, 2026, 5:07 PM ET
Accession number0000906163-26-000051

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.