The estimated Net Worth of Alfred E Festa is at least $5.17 Milione dollars as of 29 July 2024. Mr. Festa owns over 148 units of NVR stock worth over $1,572,245 and over the last 16 years he sold NVR stock worth over $3,509,820. In addition, he makes $91,000 as Independent Director at NVR.
Alfred has made over 21 trades of the NVR stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 148 units of NVR stock worth $1,270,721 on 29 July 2024.
The largest trade he's ever made was exercising 262,857 units of NVR stock on 18 February 2016 worth over $8,945,024. On average, Alfred trades about 17,899 units every 55 days since 2008. As of 29 July 2024 he still owns at least 173 units of NVR stock.
You can see the complete history of Mr. Festa stock trades at the bottom of the page.
Alfred E. Festa is an Independent Director of NVR Inc. since December 1, 2008. Mr. Festa was Chairman of W. R. Grace & Co (“Grace”) from January 2008 through November 2019. He joined Grace as President and Chief Operating Officer in November 2003, and was Chief Executive Officer from June 2005 through November 2018. From November 2002 until November 2003, Mr. Festa was a partner in Morgenthaler Private Equity Partners, a venture/buyout firm focused on mid-market industrial build-ups. Within the past five years, Mr. Festa previously served on the board of Grace. The Board believes that Mr. Festa is highly qualified to serve on our Board based on his executive leadership experience, his public company board experience, his financial expertise, his brand marketing expertise, his mergers and acquisitions experience, and his restructuring experience.
As the Independent Director of NVR, the total compensation of Alfred Festa at NVR is $91,000. There are 13 executives at NVR getting paid more, with Paul Praylo having the highest compensation of $13,737,400.
Alfred Festa is 60, he's been the Independent Director of NVR since 2008. There are 10 older and 10 younger executives at NVR. The oldest executive at NVR Inc. is Dwight Schar, 78, who is the Chairman of the Board.
Alfred's mailing address filed with the SEC is ONE OWENS CORNING PARKWAY, , TOLEDO, OH, 43659.
Over the last 21 years, insiders at NVR have traded over $230,183,640 worth of NVR stock and bought 11,241 units worth $9,891,269 . The most active insiders traders include Alfred E Festa, Timothy M Donahue e David A Preiser. On average, NVR executives and independent directors trade stock every 16 days with the average trade being worth of $16,467,673. The most recent stock trade was executed by Matthew B. Kelpy on 9 August 2024, trading 200 units of NVR stock currently worth $568,634.
nvr, inc. is a top 5 us homebuilder and an industry leading company. with more than 65 years of experience building quality homes and successful careers, and our standing as the most profitable publicly traded homebuilding company in the us, nvr has developed our reputation for stability & responsibility. as a market leading homebuilder, nvr operates throughout 27 metropolitan areas in 15 states under the brand names of ryan homes, nvhomes, foxridge homes, and newly acquired heartland homes. we are the dominant homebuilder in each of our markets and have constructed more than 365,000 homes while maintaining a commitment to quality product & customer care. nvr mortgage’s primary focus is to serve the needs of nvr homebuyers while nvr settlement services provides a complete range of settlement and title services to support nvr’s homebuilding operations. at the corporate level, nvr provides various support functions and an intertwined network of resources utilized by each of its co
NVR executives and other stock owners filed with the SEC include: