Form 4: NVR Inc. Director Thomas Eckert Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Thomas Eckert exercised stock options and sold shares of NVR Inc. common stock on February 10, 2025.
Summary
- On February 10, 2025, Thomas D. Eckert, a director of NVR Inc., executed stock options to acquire 143 shares of NVR Inc. common stock at a price of $4,475.53.
- Simultaneously, Eckert sold 143 shares of NVR Inc. common stock at a price of $7,515.6.
- Following these transactions, Eckert directly owns 1,050 shares of NVR Inc. common stock and holds options for 431 shares.
Sentiment
Score: 5
Explanation: This is a routine transaction and filing, so the sentiment is neutral.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock. This filing indicates that a director is exercising vested stock options and selling a portion of the acquired shares.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock option exercise and share sale. |
| 02/12/2025 | Date of Form 4 filing. |
| 12/31/2024 | First vesting date of stock options (25%). |
| 12/31/2025 | Second vesting date of stock options (25%). |
| 12/31/2026 | Third vesting date of stock options (25%). |
| 12/31/2027 | Final vesting date of stock options (25%). |
| 05/03/2032 | Expiration date of stock options. |
Keywords
NVR Inc., Thomas Eckert, stock options, Form 4, director, share sale, equity incentive plan
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