NVR - Chief Financial Officer at NVR Exercises Options Worth $6.15M | Benzinga
Daniel D. Malzahn, Chief Financial Officer at NVR (NYSE:NVR), reported a large exercise of company stock options on November 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Malzahn, Chief Financial Officer at NVR, a company in the Consumer Discretionary sector, just exercised stock options worth 1,000 shares of NVR stock with an exercise price of $1094.22.
NVR shares are trading down 0.0% at $6146.9 at the time of this writing on Tuesday morning. Since the current price is $6146.9, this makes Malzahn's 1,000 shares worth $6,146,900.
Now trade stocks online commission free with Charles Schwab, ...