Form 4: NVR INC Director Susan Williamson Ross Reports Stock Transactions
SEC Form 4 Filing
Director Susan Williamson Ross reports exercising stock options and selling shares of NVR INC common stock on July 26, 2024.
Summary
- On July 26, 2024, Susan Williamson Ross, a director of NVR INC, engaged in multiple transactions involving the company's common stock.
- Ross exercised stock options to acquire 125 shares at a price of $1,700.
- She then sold 125 shares at $8,505.91 per share.
- Additionally, she disposed of 5 shares through a gift.
- Following these transactions, Ross directly owns 386 shares of NVR INC common stock and holds options for 983 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company directors. It's a standard practice for publicly traded companies and their executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 12/31/2018 | First vesting date for stock options (25% increment) |
| 12/31/2019 | Second vesting date for stock options (25% increment) |
| 12/31/2020 | Third vesting date for stock options (25% increment) |
| 12/31/2021 | Fourth vesting date for stock options (25% increment) |
| 07/26/2024 | Date of stock option exercise, stock sale, and gift transaction |
| 07/27/2026 | Expiration date of stock options |
| 07/29/2024 | Date of Form 4 filing |
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