Short answer
NVR, Inc. (NVR) filed an 8-K current report with the SEC on May 15, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Executive option grants: Saville 5,238; Bredow 5,238; Malzahn 2,670; Kelpy 544.
NVR, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Executive option grants: Saville 5,238; Bredow 5,238; Malzahn 2,670; Kelpy 544
- Exercise price $5,720.10 per share, matching the prior-day closing price
- Half of each award time-based, vesting December 31, 2028, subject to continued employment
- Remaining half performance-based, tied to return on capital during 2026–2028
- Long-dated incentives align senior executives with retention and capital-return performance цели
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