Form 4: NVR Inc. Executive Matthew B. Kelpy Reports Stock Transactions
SEC Form 4 Filing
Matthew B. Kelpy, VP and Chief Accounting Officer of NVR Inc., reports the exercise of stock options and subsequent sale of shares on May 7, 2024.
Summary
- On May 7, 2024, Matthew B. Kelpy, VP and Chief Accounting Officer of NVR Inc., executed transactions involving NVR Inc. common stock.
- Kelpy exercised stock options to acquire 200 shares at a price of $1,934.97 per share.
- Following the acquisition, Kelpy sold 200 shares at $7,700 per share.
- After these transactions, Kelpy directly owns 230 shares of NVR Inc. common stock.
- Kelpy also indirectly owns 33 shares through a Profit Sharing Trust and 22 shares through an ESOP Trust.
- Additionally, Kelpy holds options for 500 shares of NVR Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an executive. There is no indication of positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Key Dates
| Date | Description |
|---|---|
| 02/28/2027 | Expiration date of employee stock options |
| 05/07/2024 | Date of stock option exercise and sale of shares |
| 05/09/2024 | Date of signature on the Form 4 filing |
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