NVR, Inc. (NYSE:NVR) Files An 8-K Submission of Matters to a Vote of Security Holders

At the Annual Meeting, the Company’s shareholders voted on, among other matters, a non-binding advisory vote on the frequency of future advisory votes on executive compensation.  At the meeting, the shareholders of the Company expressed their preference (over 85% of votes cast) for an advisory vote on executive compensation to be held every year, consistent with the recommendation of the Company’s Board of Directors (the “Board”).

In light of these results, the Board has determined to continue to hold an advisory vote on executive compensation every year.

About NVR, Inc. (NYSE:NVR)
NVR, Inc. is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company also operates a mortgage banking and title services business. The Company’s mortgage banking operations are operated primarily through a subsidiary, NVR Mortgage Finance, Inc. (NVRM). The Company operates in multiple locations in approximately 14 states and Washington, D.C., primarily in the eastern part of the United States. Its homebuilding business operates under four trade names, such as Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes. The Ryan Homes and Fox Ridge Homes products are marketed primarily to first-time and first-time move-up buyers. The NVHomes and Heartland Homes products are marketed primarily to move-up and up-scale buyers. The Company’s homes combine traditional, transitional, cottage or urban exterior designs with interior designs and amenities, which include 2 to 4 bedrooms and range from 1,000 to 7,000 square feet. NVR, Inc. (NYSE:NVR) Recent Trading Information
NVR, Inc. (NYSE:NVR) closed its last trading session up +35.87 at 2,226.50 with 19,412 shares trading hands.