20,000 NVE Corp (NASDAQ: NVEC) shares set for Rule 144 sale
Rhea-AI Filing Summary
NVE Corp stockholder filed a notice to sell 20,000 shares of common stock under Rule 144. The planned sale, through UBS Financial Services Inc. on Nasdaq, has an aggregate market value of $1,501,000 based on the figures provided and is targeted for around 01/27/2026. Shares outstanding were 4,837,166; this is a baseline figure, not the amount being sold.
The shares to be sold trace back to incentive stock option grants acquired on 03/28/2005 from NVE Corp and later paid for via stock swap transactions on 11/02/2011 (4,837 shares) and 11/05/2012 (18,814 shares). The seller represents that they are not aware of any undisclosed material adverse information about NVE Corp’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What representation does the selling holder make about NVE Corp (NVEC) in this Rule 144 filing?
The person for whose account the securities are to be sold represents that they do not know of any material adverse information about NVE Corp’s current or prospective operations that has not been publicly disclosed.