NVR INC — Director's Dealing 2023

Nov 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVR INC (NVR)
CIK: 0000906163
Period of Report: 2023-10-31

Reporting Person: Malzahn Daniel David (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-31	NVR, Inc. common stock	M	1000	$1094.22	Acquired	11135	Direct
2023-10-31	NVR, Inc. common stock	S	562	$5461.12	Disposed	10573	Direct
2023-11-01	NVR, Inc. common stock	M	2000	$1094.22	Acquired	12573	Direct
2023-11-01	NVR, Inc. common stock	S	1123	$5500.70	Disposed	11450	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-31	Employee stock option (right to buy)	$1094.22	M	1000	Disposed	2024-05-13	Common stock (1000)	Direct
2023-11-01	Employee stock option (right to buy)	$1094.22	M	2000	Disposed	2024-05-13	Common stock (2000)	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.