Nve Corp SEC Filings

James W. Bracke, a director of NVE Corp (NVEC), received a non‑qualified stock option for 1,000 shares with an exercise price of $61.72. The option is exercisable on 08/07/2025 and expires on 08/07/2035. After the reported transaction, Mr. Bracke directly beneficially owns 5,000 derivative securities. The filing states the option was granted automatically upon his reelection to the board and lists the derivative security price as $0, indicating no cash paid for the grant.

NVE Corporation reported the results of its annual shareholders meeting where votes were taken to elect five directors, to provide advisory approval of named executive officer compensation, and to ratify the appointment of Boulay PLLP as the company’s independent registered public accounting firm. A total of 4,837,166 shares were entitled to vote and a majority was represented at the meeting.

All five incumbent nominees were elected. Vote tallies were: Terrence W. Glarner 2,986,541 for, 283,523 withheld; Daniel A. Baker 3,185,972 for, 84,092 withheld; Patricia M. Hollister 3,030,813 for, 239,251 withheld; James W. Bracke 3,220,647 for, 49,417 withheld; and Kelly Wei 3,226,298 for, 43,766 withheld. The advisory vote on executive compensation passed with 3,171,573 for, 87,852 against, and 10,637 abstentions. The selection of Boulay PLLP as auditor was ratified with 3,871,548 for, 2,794 against, and 11,171 abstentions; the filing notes that abstentions on that proposal were treated as negative votes.

Patricia M. Hollister, a director of NVE Corp (NVEC), was granted a non-qualified stock option for 1,000 shares on 08/07/2025 with an exercise price of $61.72. The option is exercisable beginning 08/07/2025 and expires on 08/07/2035. The filing reports 9,000 shares beneficially owned following the transaction and lists ownership as direct. The form states the option was granted automatically upon Ms. Hollister's reelection to NVE's board. This disclosure documents a routine director equity award that records the grant mechanics, strike price, exercisability and post-transaction holdings.

NVE Corporation director Wei Xuan Kelly was granted 1,000 non-qualified stock options automatically upon reelection to the board. The grant date and transaction date are 08/07/2025 with an exercise price of $61.72. The options are exercisable on 08/07/2025 and expire on 08/07/2035. Following the reported transaction, the filing shows 2,000 derivative securities beneficially owned (options) in total, with ownership reported as direct.

The disclosure was made on a Form 4 and signed by a power of attorney on 08/08/2025. The filing notes this was an automatic director award; no cash purchase or sale of underlying common stock is reported in this submission.

NVE Corporation (Symbol: NVEC) has submitted a Definitive Additional Proxy Soliciting Material (Form DEFA14A) to the U.S. Securities and Exchange Commission. The filing confirms that the company, not a third party, is providing supplemental proxy information in connection with its previously distributed proxy statement under Section 14(a) of the Exchange Act.

The cover page specifies that no filing fee is required, indicating this submission does not relate to new or revised matters that would trigger a fee under Rule 0-11. It is expressly marked as “Definitive Additional Materials,” differentiating it from preliminary or confidential proxy drafts. Aside from administrative details—registrant name, form type, and fee status—no financial metrics, strategic transactions, or voting proposals are disclosed in this document.

NVE Corporation has filed Definitive Additional Proxy Materials (Form DEFA14A) in advance of its 2025 Annual Meeting of Shareholders, which will be held on Thursday, August 7, 2025 at 3:30 p.m. CDT at the company’s headquarters, 11409 Valley View Road, Eden Prairie, Minnesota.

Shareholders of record as of the June 13, 2025 record date are entitled to vote. The Board of Directors unanimously recommends voting FOR all proposals, which include:

• Election of five directors.
• Advisory approval of named executive officer compensation (Say-on-Pay).
• Ratification of Boulay PLLP as independent registered public accounting firm for the fiscal year ending March 31, 2026.
• Any other business properly brought before the meeting.

Registered shareholders receive full paper proxy materials, while street-name holders will receive a Notice of Internet Availability and may request paper copies. Materials provided include the 2025 Proxy Statement, the 2025 Letter to Shareholders, and the Annual Report on Form 10-K for the year ended March 31, 2025.