In 2005, Dwight C. Schar earned $4.01M in total compensation at NVR, including $2.00M salary and $2.00M bonus. Most recently sold 3,699 shares in Feb 2020. Currently holds stock worth $314.95M. Has donated $168.80M in stock to charitable causes. Led NVR as CEO for 12 years.
Compensation History
Annual executive compensation data for Dwight C. Schar, including salary, bonuses, and stock awards.
Year
2005
Total Compensation
$4.01M
Salary
$2.00M
Bonus
$2.00M
Other
$11.00K
Salary
$2.00MBoard Justification
The compensation program is linked to the long-term strategic and financial goals of NVR while encouraging the creation of shareholder value. A significant amount of both the Chairman’s and the CEO’s compensation is tied to NVR’s performance and is at risk, in the form of annual incentive compensation and deferred long-term cash incentive compensation.
Bonus
$2.00MBoard Justification
The annual incentive compensation award was based on predetermined pre-tax profit objectives tied to NVR’s business plan, and was approved by the Board of Directors. For 2005, the pre-tax profit objectives for NVR were exceeded and Mr. Schar received the maximum award of 100% of his base salary.
Other Compensation
$11.00KBoard Justification
Contributions to the Employee Stock Ownership Plan and other standard benefits.
Restricted Stock
Board Justification
No stock grants were vested in 2005 as the focus is on options and cash compensation.
Performance Metrics
The annual incentive award is based on actual financial results compared to the business plan approved by the Board of Directors.
Dwight C. Schar
Founder and Ex-CEO of NVR
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
May 1, 1942 - 83 years ago
CEO of NVR for
12 years 3 months (Sep 1993 - Dec 2005)
Previous Experience
Founder of NVR, Inc.
Other NVR CEOs
Holdings
Track Dwight C. Schar's stock holdings and portfolio value over time.
Total Stock Sold
$239.08M
$239.08M
80,753 NVR shares
What if they kept their stock?
If Dwight C. Schar didn't sell their stock, today they would have:
Extra NVR80,753 shares worth $607.24M.
This is 153.98% and $368.15M more than what they got when they sold the stock.
Charitable Transactions
22,448 shares
NVR
Recent Charitable Transactions
4,200 shares
NVR
Oct 15, 2019
Charity
3,150 shares
NVR
May 14, 2018
Charity
3,309 shares
NVR
Jul 7, 2017
Charity
2,356 shares
NVR
Jan 28, 2016
Charity
2,013 shares
NVR
Oct 22, 2015
Charity
4,800 shares
NVR
Jan 2, 2013
Charity
Insider Trading
Dwight C. Schar's recent stock transactions, purchases, and sales filed with the SEC.
$14.14M
NVR at $3.82K/share
Feb 4, 2020
Sale
$16.15M
NVR at $3.83K/share
Jan 31, 2020
Sale
$38.94M
NVR at $3.42K/share
Nov 7, 2019
Sale
$15.76M
NVR at $3.58K/share
Nov 1, 2019
Sale
4,200 shares
NVR
Oct 15, 2019
Charity
$26.09M
NVR at $2.61K/share
Feb 19, 2019
Sale
$2.86M
NVR at $2.56K/share
Feb 6, 2019
Sale
$10.69M
NVR at $2.62K/share
Feb 4, 2019
Sale
$14.38M
NVR at $2.66K/share
Jan 31, 2019
Sale
$11.03M
NVR at $2.96K/share
May 18, 2018
Sale
Rivals
Compare Dwight C. Schar with competitor CEOs and industry peers.
Cynthia M. M. Dyer
CEO of Taylor Morrison Home Corporation
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$2.62M
Other
$0.00
Total Holdings
$1.17M
Phillipe Lord
CEO of Meritage Homes
2022 Compensation
Stock
$17.53M
Salary
$900.00K
Bonus
$5.63M
Other
$62.53K
Total Holdings
$33.85M
Paul J. Romanowski
CEO of D.R. Horton
2023 Compensation
Stock
$1.22M
Salary
$500.00K
Bonus
$6.31M
Other
$59.90K
Total Holdings
$220.32K
Douglas C. Yearley, Jr.
CEO of Toll Brothers
2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$7.80M
Other
$0.00
Total Holdings
$191.52K
Ryan R. Marshall
CEO of Pultegroup
2023 Compensation
Stock
$10.97M
Salary
$1.00M
Bonus
$4.09M
Other
$35.21K
Total Holdings
$117.80K