This Fortune 500 founder has unloaded tens of millions in stock


In the last few weeks, NVR Inc. (NYSE: NVR) founder and philanthropist Dwight Schar has sold about $91.3 million worth of stock accrued from his tenure at his Fortune 500 homebuilding company, according to Securities and Exchange Commission filings.

The stock was sold off in batches throughout May, with NVR trading around $3,050 per share during that time. The most recent, according to a May 21 SEC filing, was when Schar sold off 3,731 shares for $11 million. Before that, as of May 14, Schar reported…

Previous Hostel-style hotel built from shipping containers planned for Silverthorne
Next Workplace Design: Any Way You Want It, That’s the Way You Need It

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *