NVR Seeks Shareholder Approval to Retain KPMG as Auditor for 2026

NVR, Inc. is asking shareholders to ratify KPMG LLP as its independent auditor for the full calendar year 2026, according to a Schedule 14A proxy statement the Virginia homebuilder filed with the SEC on March 16. Proxy materials, including the proxy card and the company's Annual Report for the year ended December 31, 2025, began reaching shareholders on or about March 17.

The ratification vote is one of three items on the agenda for NVR's Annual Meeting of Shareholders, scheduled for 11:00 A.M. Eastern Time on Thursday, May 7, 2026, at the company's corporate headquarters at 11700 Plaza America Drive, Suite 500, Reston, Virginia. Alongside the KPMG vote, shareholders will elect eleven directors from nominees named in the proxy and weigh in on a non-binding advisory resolution on executive compensation.

NVR's board is recommending votes in favor of KPMG's appointment. The proxy materials also direct shareholders to vote for the executive compensation resolution and against any shareholder proposals that may be properly presented at the meeting, with discretion granted to named proxies on any other matters that arise.

Shareholders who want to change their vote can do so electronically or by phone before the cut-off date noted on the proxy notice, or by submitting a later-dated proxy. Beneficial owners need to contact their nominee directly or obtain a legal proxy to vote or change their vote at the meeting.

The NVR proxy lands against a backdrop of notable auditor movement in the market. Rayonier Inc. dismissed Ernst & Young LLP effective March 12, 2026, and on the same day its Audit Committee engaged KPMG to handle its fiscal year 2026 audit, a switch driven in part by KPMG's prior role as auditor for PotlatchDeltic Corporation before that company's merger with Rayonier closed on January 30, 2026. Rayonier disclosed in a Form 8-K that it had not consulted with KPMG on any accounting principles or audit opinions before the engagement, and Ernst & Young confirmed that account in a letter dated March 18, 2026, included as an exhibit in the filing.

For KPMG's audit practice, the NVR ratification represents continued work with a prominent homebuilder at a moment when the firm is simultaneously absorbing new mandates elsewhere. Whether the scope or fee terms of the NVR engagement differ from prior years is not disclosed in the proxy materials; those details, if any, would appear in the Audit Committee disclosures in the full Schedule 14A on EDGAR.