NVR, Inc. Files 8-K for Material Definitive Agreement

Ticker: NVR · Form: 8-K · Filed: 2025-03-12T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

NVR filed an 8-K for a new material agreement - could be debt or something big.

AI Summary

On March 11, 2025, NVR, Inc. entered into a material definitive agreement, likely related to financing or a significant operational aspect, as indicated by the filing of an 8-K. The company, headquartered in Reston, Virginia, is a builder in the operative builders sector. This filing suggests a new financial obligation or commitment for the company.

Why It Matters

This filing indicates NVR, Inc. has entered into a significant new agreement, which could impact its financial obligations and future operations. Investors should monitor for details on the nature of this agreement.

Risk Assessment

Risk Level: medium — The filing of an 8-K for a material definitive agreement and a direct financial obligation suggests potential new risks or opportunities that are not yet fully disclosed.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement NVR, Inc. entered into?

The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on March 11, 2025.

Where is NVR, Inc. headquartered?

NVR, Inc.'s principal executive offices are located at 11700 Plaza America Drive, Suite 500, Reston, Virginia 20190.

What is NVR, Inc.'s Commission File Number?

NVR, Inc.'s Commission File Number is 1-12378.

What is the SIC code for NVR, Inc.?

NVR, Inc.'s Standard Industrial Classification (SIC) code is 1531 for Operative Builders.

From the Filing

0000906163-25-000031.txt : 20250312 0000906163-25-000031.hdr.sgml : 20250312 20250312170905 ACCESSION NUMBER: 0000906163-25-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250311 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250312 DATE AS OF CHANGE: 20250312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NVR INC CENTRAL INDEX KEY: 0000906163 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 541394360 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12378 FILM NUMBER: 25732631 BUSINESS ADDRESS: STREET 1: 11700 PLAZA AMERICA DR. STREET 2: SUITE 500 CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7039564000 MAIL ADDRESS: STREET 1: 11700 PLAZA AMERICA DR. STREET 2: SUITE 500 CITY: RESTON STATE: VA ZIP: 20190 8-K 1 nvr-20250311.htm 8-K nvr-20250311 0000906163 FALSE 0000906163 2025-03-11 2025-03-11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 11, 2025 NVR, Inc. (Exact name of registrant as specified in its charter) Virginia 1-12378 54-1394360 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 11700 Plaza America Drive, Suite 500 Reston , Virginia 20190 (Address of principal executive offices) (Zip Code) ( 703 ) 956-4000 (Registrant’s telephone number, including area code) Not applicable (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share NVR New York Stock Exchange Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act. ☐ Item 1.01    Entry into a Material Definitive Agreement On March 11, 2025, NVR, Inc. (the "Company") entered into the Second Amended and Restated Credit Agreement ("Amended Credit Agreement") providing for a five year, $300 million senior unsecured revolving credit facility among the lenders party hereto and Bank of America, N.A. as Administrative Agent. The Amended Credit Agreement replaces the Company's previous credit agreement dated February 12, 2021 and most recently amended December 9, 2022, ("Existing Credit Agreement") that contained substantially similar terms and extends the maturity date from February 11, 2026 to March 11, 2030. The Amended Credit Agreement has an uncommitted accordion feature allowing the Company to increa

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