What the executives and directors of NVR, Inc. actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| SAVILLE PAUL C Executive Chairman | Officer | 107.2K | — | — |
| Malzahn Daniel David Chief Financial Officer | CFO | 13.8K | — | — |
| Bredow Eugene James Chief Executive Officer | CEO | 2,368 | — | — |
| ROSIER WILLIAM GRADY | Director | 1,592 | — | — |
| ANDREWS CHARLES ELLIOTT | Director | 774 | — | — |
| Kelpy Matthew B. VP, Chief Accounting Officer | Officer | 726 | — | $8.9M |
| Ross Susan Williamson | Director | 624 | — | $5M |
| ECKERT THOMAS D | Director | 550 | — | — |
| Jung Alexandra A | Director | 275 | — | $2M |
| PREISER DAVID A | Director | 204 | — | — |
| FESTA ALFRED E | Director | 173 | — | — |
| Martinez Melquiades R. | Director | 162 | — | — |
| DeVito Michael J | Director | 25 | $173K | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-24 | DeVito Michael J (Director) | Open-market buy | 11 | $6699.50 | $74K |
| 2026-02-13 | Ross Susan Williamson (Director) | Discretionary sale | 200 | $7922.06 | $1.6M |
| 2026-02-10 | Kelpy Matthew B. (Officer) | Discretionary sale | 500 | $8100.00 | $4.1M |
| 2026-02-05 | Ross Susan Williamson (Director) | Discretionary sale | 200 | $8091.62 | $1.6M |
| 2026-02-04 | Ross Susan Williamson (Director) | Discretionary sale | 220 | $8000.00 | $1.8M |
| 2025-11-03 | DeVito Michael J (Director) | Open-market buy | 14 | $7068.05 | $99K |
| 2025-08-26 | Jung Alexandra A (Director) | Discretionary sale | 200 | $8082.44 | $1.6M |
| 2025-08-22 | Jung Alexandra A (Director) | Discretionary sale | 50 | $8231.74 | $412K |
| 2025-08-13 | Kelpy Matthew B. (Officer) | Discretionary sale | 600 | $8100.00 | $4.9M |
| 2025-08-04 | Ross Susan Williamson (Director) | Discretionary sale | 125 | $7850.28 | $981K |
| 2025-02-11 | ECKERT THOMAS D (Director) | Discretionary sale | 500 | $7529.89 | $3.8M |
| 2025-02-10 | ECKERT THOMAS D (Director) | Discretionary sale | 143 | $7515.60 | $1.1M |
| 2024-11-08 | PREISER DAVID A (Director) | Discretionary sale | 250 | $9302.64 | $2.3M |
| 2024-11-07 | ECKERT THOMAS D (Director) | Discretionary sale | 1,000 | $9216.32 | $9.2M |
| 2024-11-05 | Kelpy Matthew B. (Officer) | Discretionary sale | 400 | $9450.00 | $3.8M |
| 2024-10-24 | Kelpy Matthew B. (Officer) | Discretionary sale | 125 | $9507.30 | $1.2M |
| 2024-08-09 | Kelpy Matthew B. (Officer) | Discretionary sale | 200 | $8500.00 | $1.7M |
| 2024-08-08 | Martinez Melquiades R. (Director) | Discretionary sale | 125 | $8372.77 | $1M |
| 2024-07-29 | FESTA ALFRED E (Director) | Discretionary sale | 148 | $8585.95 | $1.3M |
| 2024-07-26 | Kelpy Matthew B. (Officer) | Discretionary sale | 175 | $8650.00 | $1.5M |
| 2024-07-26 | Ross Susan Williamson (Director) | Discretionary sale | 125 | $8505.91 | $1.1M |
| 2024-07-25 | Kelpy Matthew B. (Officer) | Discretionary sale | 500 | $8500.00 | $4.3M |
| 2024-05-09 | SAVILLE PAUL C (Officer) | Discretionary sale | 300 | $7670.42 | $2.3M |
| 2024-05-08 | ROSIER WILLIAM GRADY (Director) | Discretionary sale | 600 | $7665.63 | $4.6M |
| 2024-05-07 | Kelpy Matthew B. (Officer) | Discretionary sale | 200 | $7700.00 | $1.5M |
| 2024-04-29 | PREISER DAVID A (Director) | Discretionary sale | 500 | $7586.21 | $3.8M |
| 2024-02-29 | SAVILLE PAUL C (Officer) | Discretionary sale | 550 | $7637.06 | $4.2M |
| 2024-02-26 | SAVILLE PAUL C (Officer) | Discretionary sale | 250 | $7611.03 | $1.9M |
| 2024-02-23 | SAVILLE PAUL C (Officer) | Discretionary sale | 300 | $7576.83 | $2.3M |
| 2024-02-23 | Kelpy Matthew B. (Officer) | Discretionary sale | 100 | $7615.00 | $762K |
| 2024-02-23 | Bredow Eugene James (CEO) | Discretionary sale | 200 | $7600.00 | $1.5M |
| 2024-02-23 | Malzahn Daniel David (CFO) | Discretionary sale | 500 | $7575.00 | $3.8M |
| 2024-02-22 | SAVILLE PAUL C (Officer) | Discretionary sale | 750 | $7492.42 | $5.6M |
| 2024-02-22 | Bredow Eugene James (CEO) | Discretionary sale | 300 | $7475.00 | $2.2M |
| 2024-02-22 | Malzahn Daniel David (CFO) | Discretionary sale | 202 | $7484.82 | $1.5M |
| 2024-02-21 | SAVILLE PAUL C (Officer) | Discretionary sale | 350 | $7490.43 | $2.6M |
| 2024-02-20 | SAVILLE PAUL C (Officer) | Discretionary sale | 500 | $7426.79 | $3.7M |
| 2024-02-15 | SAVILLE PAUL C (Officer) | Discretionary sale | 500 | $7525.06 | $3.8M |
| 2024-02-13 | Ross Susan Williamson (Director) | Discretionary sale | 250 | $7344.94 | $1.8M |
| 2024-02-12 | SAVILLE PAUL C (Officer) | Discretionary sale | 1,500 | $7510.05 | $11.3M |
| 2024-02-12 | Kelpy Matthew B. (Officer) | Discretionary sale | 150 | $7500.00 | $1.1M |
| 2024-02-09 | SAVILLE PAUL C (Officer) | Discretionary sale | 300 | $7443.82 | $2.2M |
| 2024-02-08 | SAVILLE PAUL C (Officer) | Discretionary sale | 1,000 | $7438.50 | $7.4M |
| 2024-02-08 | Malzahn Daniel David (CFO) | Discretionary sale | 479 | $7340.01 | $3.5M |
| 2024-02-07 | SAVILLE PAUL C (Officer) | Discretionary sale | 500 | $7392.07 | $3.7M |
| 2024-02-07 | Kelpy Matthew B. (Officer) | Discretionary sale | 100 | $7400.00 | $740K |
| 2024-02-07 | Malzahn Daniel David (CFO) | Discretionary sale | 60 | $7430.00 | $446K |
| 2024-02-06 | ECKERT THOMAS D (Director) | Discretionary sale | 1,292 | $7270.00 | $9.4M |
| 2024-02-06 | SAVILLE PAUL C (Officer) | Discretionary sale | 1,000 | $7309.35 | $7.3M |
| 2024-02-06 | Kelpy Matthew B. (Officer) | Discretionary sale | 200 | $7325.00 | $1.5M |
| 2024-02-06 | Malzahn Daniel David (CFO) | Discretionary sale | 2,000 | $7252.83 | $14.5M |
| 2024-02-05 | ECKERT THOMAS D (Director) | Discretionary sale | 8 | $7270.00 | $58K |
| 2024-02-05 | SAVILLE PAUL C (Officer) | Discretionary sale | 1,000 | $7236.42 | $7.2M |
| 2023-11-30 | SAVILLE PAUL C (Officer) | Discretionary sale | 1,700 | $6100.57 | $10.4M |
| 2023-11-30 | Malzahn Daniel David (CFO) | Discretionary sale | 550 | $6105.84 | $3.4M |
| 2023-11-22 | Malzahn Daniel David (CFO) | Discretionary sale | 547 | $6307.55 | $3.5M |
| 2023-11-22 | Ross Susan Williamson (Director) | Discretionary sale | 125 | $6298.13 | $787K |
| 2023-11-21 | SAVILLE PAUL C (Officer) | Discretionary sale | 50 | $6300.53 | $315K |
| 2023-11-21 | Malzahn Daniel David (CFO) | Discretionary sale | 547 | $6303.12 | $3.4M |
| 2023-11-20 | SAVILLE PAUL C (Officer) | Discretionary sale | 3,000 | $6288.17 | $18.9M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.