NVR Director Exercises Options

By Associated Press February 5, 2008 Comments (0)

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A director of NVR Inc., a homebuilder and mortgage banker, exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.

In a Form 4 filed with the SEC, David A. Preiser reported he exercised options for the shares on Friday for $189 apiece and then sold 500 shares the same day for $652.74 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

NVR is based in Reston, Va.

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