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EdgarHawk

Kelpy Matthew B.

VP, Chief Accounting Officer

Officer
6 filings analyzed · 1 company · Latest 2026-02-11

Companies

Company Buys Sells Direction
NVR INC NVR 0 15 Net selling

Activity

February 2026
2026-02-11 NVR INC NVR
high
Sell
500 shares
$4,050,000
Significance 6/10

NVR CFO Matthew B. Kelpy sold 500 shares ($4.0M) at $8,100.00, reducing holdings by 70.6% to 208 shares on 2026-02-10.

Kelpy divested 500 shares of NVR on 2026-02-10 at $8,100.00, reducing his position from 708 to 208 shares—a substantial 70.6% reduction. This follows a mixed track record at this ticker: among his 5 prior NVR sales, 3 were well-timed (the stock subsequently declined), but 2 were poorly timed (the stock rose). At the cross-ticker level, his 41.67% well-timed sell rate (12 prior sales) is marginally above coin-flip performance. The current price of $8,097.25 sits 5.2% below the 52-week high and has risen 6.7% over 30 days and 11.6% over 90 days, suggesting near-term momentum in the stock. With NVR trading at a P/E of 20.73 and recent annual revenue declining 1.9%, this large discretionary sale by the Chief Accounting Officer warrants monitoring, though the specific business rationale is not disclosed in the filing.

August 2025
2025-08-14 NVR INC NVR
medium
Sell
600 shares
$4,860,000
Significance 5/10

NVR CFO Matthew B. Kelpy sells 600 shares ($4.9M) reducing stake to 208 shares (-74.3%)

Kelpy Matthew B., VP and Chief Accounting Officer of NVR, sold 600 shares at $8,100.00 on 2025-08-13, reducing his holdings from 808 to 208 shares—a 74.3% reduction in his stake. At the transaction price, the sale represented $4,860,000.00. His prior sales at NVR show mixed timing outcomes: 2 of 5 prior trades were well-timed at the 90-day mark (where the stock fell post-sale), while 3 posted positive 90-day returns, suggesting his sell timing at this ticker has been inconsistent. The company's fundamentals remain solid—$2.6B revenue, $333.7M net income, and 10.6% annual revenue growth—and the current stock price of $8,198.55 is 12.3% above the 30-day level, so this does not align with broader company deterioration. The substantial reduction in his personal holdings warrants monitoring of disclosure filings to determine whether additional insiders are adjusting positions.

November 2024
2024-11-07 NVR INC NVR
medium
Sell
400 shares
$3,780,000
Significance 4/10

NVR Chief Accounting Officer Matthew B. Kelpy sells 400 shares ($3.8M) on 2024-11-05, reducing holdings by -65.8%.

Kelpy sold 400 shares at $9,450.00, reducing his holdings from 608 to 208 shares, a -65.8% reduction. His cross-ticker track record shows 10 prior open-market sells with a 90-day well-timed rate of 22.22%, indicating most of his prior sales have been poorly timed (stock rose after sale). At this specific ticker, his 4 prior measurable sells all showed positive 90-day returns averaging +9.0%, meaning the stock rose after each sale. The current price of $9,221.23 is -7.1% from the 52-week high and reflects a -3.5% 30-day decline, suggesting recent headwinds. NVR's fundamentals show annual revenue decline of -9.6% against $2.7B in latest quarterly revenue, which may warrant attention given the operational backdrop. The substantial 65.8% reduction in personal holdings is notable, though without scheduled trading plan disclosure, the discretionary nature and motivation remain opaque.

October 2024
2024-10-28 NVR INC NVR
medium
Sell
125 shares
$1,188,412
Significance 4/10

VP/CAO Kelpy Matthew B. sold 125 NVR shares at $9,507.30 on 2024-10-24 for $1.2M, reducing holdings 37.5%; stock down 6.2% from 52-week high.

Kelpy Matthew B., Vice President and Chief Accounting Officer, sold 125 shares representing 37.5% of his pre-transaction holdings, with the sale price of $9,507.30 near the upper end of the 52-week range of $5,377.29–$9,924.40. His same-ticker selling history at NVR shows 4 measurable prior sales where 0 of 4 were well-timed at the 90-day mark (stock continued rising after each sale), while his cross-ticker track record shows 9 prior sells with a 25.00% well-timed rate. The company's annual revenue has contracted -9.6% year-over-year and the stock has declined -4.4% over the past 30 days, though it remains up 7.5% over 90 days. As a finance executive, the sale represents a material reduction in a significant holdings position, warranting routine investor review but without evidence of a contrarian signal based on historical timing patterns.

August 2024
2024-08-12 NVR INC NVR
low
Sell
200 shares
$1,700,000
Significance 4/10

NVR VP/CAO sells 200 shares for $1.7M; holdings drop 46.5% to 230 shares; stock +6.2% (30d), -1.2% from 52-week high.

Kelpy Matthew B., VP and Chief Accounting Officer, sold 200 shares at $8,500.00 on 2024-08-09, reducing his holdings from 430 to 230 shares—a reduction of 46.5% of his pre-transaction stake. The sale occurred at a price very close to current levels ($8,558.81 today), near the 52-week high of $8,661.98. At the same-ticker level, his three prior measurable sells (2024-02-07, 2024-02-12, 2024-05-07) showed mixed timing outcomes: two posted positive 30-day and 90-day returns (meaning the stock rose after he sold), and one showed a 30-day decline offset by a 90-day gain. None of his three measurable prior NVR sells were well-timed by the 90-day metric. The company's recent results show revenue of $2.6B and net income of $400.9M in the latest quarter, though annual revenue contracted 9.6% year-over-year, which aligns with broader headwinds in the homebuilding sector. The sale is routine liquidation at historically elevated prices rather than a clear signal of deteriorating conviction.

July 2024
2024-07-29 NVR INC NVR
high
Sell
675 shares
$5,763,750
Significance 6/10

NVR VP/CAO Kelpy sells 675 shares in 2 transactions for $5,763,750 (blended avg $8,538.89), reducing holdings 74.6%.

Kelpy Matthew B. executed 2 separate sales on consecutive trading days, liquidating 675 shares for $5,763,750.00 and reducing his stake from 905 to 230 shares (a 74.6% reduction). The sales occurred near the 52-week high (current price $8600.84 is -0.5% from the $8641.12 peak), and the stock has appreciated 13.3% over 30 days and 15.6% over 90 days. Kelpy's prior sales at NVR show mixed timing outcomes: of 4 measurable prior trades at this ticker, only 1 was well-timed at the 90-day mark, and his most recent NVR sale on 2024-05-07 has shown a 30-day loss of 1.4%. His cross-ticker track record shows a 40.00% well-timed rate on sells with an average 90-day return of -0.8%, indicating marginal historical timing accuracy. The large reduction in his concentrated position occurs amid company fundamentals showing annual revenue growth of -9.6% (latest quarter $2.3B in revenue, $394.3M in net income).

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