Paul C. Saville, Executive Chairman of NVR, Inc. (NVR), has demonstrated a consistent pattern of selling activity in the company’s stock over recent months, with no recent purchases recorded. Since February 2024, Saville has executed 12 sales totaling approximately $65.6 million, with transactions ranging from $2.2 million to $11.3 million in value. The largest single sale occurred on February 12, 2024, when he disposed of shares worth $11.3 million, followed by a $7.4 million sale on February 8. These disposals were often accompanied by smaller derivative transactions (coded "M"), likely representing option exercises or other equity-based compensation events. The most recent filing, dated March 6, 2025, shows no monetary value, suggesting a non-monetary transaction such as a gift or transfer.
Saville’s trading history reveals a clear divestment trend, with no buys in the reported period. His sales have been concentrated in short bursts, particularly in February 2024, when he executed multiple high-value disposals within days of each other. The absence of any offsetting purchases during this period indicates a net reduction in his NVR holdings. While the reasons for these sales are not disclosed in the filings, the scale and timing suggest a deliberate unwinding of positions rather than routine diversification. NVR, a major homebuilding and mortgage company, remains the sole equity holding reflected in Saville’s recent transactions.
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