NVR INC — Director's Dealing 2023

Nov 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2023-11-16

Reporting Person: Malzahn Daniel David (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-16	NVR, Inc. common stock	M	737	$1094.22	Acquired	12630	Direct
2023-11-16	NVR, Inc. common stock	S	737	$6301.93	Disposed	11893	Direct
2023-11-16	NVR, Inc. common stock	G	40	—	Disposed	11853	Direct
2023-11-17	NVR, Inc. common stock	M	1000	$1094.22	Acquired	12853	Direct
2023-11-17	NVR, Inc. common stock	S	1000	$6296.26	Disposed	11853	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-16	Employee stock option (right to buy)	$1094.22	M	737	Disposed	2024-05-13	Common stock (737)	Direct
2023-11-17	Employee stock option (right to buy)	$1094.22	M	1000	Disposed	2024-05-13	Common stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
NVR, Inc. common stock	1033	Indirect
NVR, Inc. common stock	371	Indirect

Footnotes

F1: Stock options granted under the 2014 Equity Incentive Plan vest in 25% increments on 12/31/16, 12/31/17, 12/31/18 and 12/31/19.