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.
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FAQ
How many NVE Corp (NVEC) shares are planned to be sold under this Rule 144 notice?
The notice covers the planned sale of 20,000 shares of NVE Corp common stock.
What is the aggregate market value of the NVE Corp (NVEC) shares in this planned Rule 144 sale?
The 20,000 NVE Corp shares listed for sale have an aggregate market value of $1,501,000 based on the figures in the notice.
On which exchange will the NVE Corp (NVEC) shares be sold and through which broker?
The planned sale is to be executed on the Nasdaq market through UBS Financial Services Inc.
When is the approximate date of sale for the NVE Corp (NVEC) shares in this filing?
The approximate date of sale listed for the 20,000 NVE Corp shares is 01/27/2026.
How were the NVE Corp (NVEC) shares being sold under Rule 144 originally acquired?
The shares were acquired as incentive stock options (ISO) from NVE Corp on 03/28/2005, with 4,837 and 18,814 shares paid for via stock swap transactions in 2011 and 2012, respectively.
How many NVE Corp (NVEC) shares were outstanding in the context of this Rule 144 notice?
The notice states that 4,837,166 NVE Corp shares were outstanding, which serves as a baseline comparison to the 20,000 shares planned for sale.
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.