NVE director sells 21,140 shares at $101
NVE CORP director Daniel A. Baker disclosed open-market sales totaling 21,140 NVEC shares on September 8, 2026.
Rhea-AI Filing Summary
NVE CORP (NVEC) director Daniel A. Baker reported selling common stock in two open-market transactions on September 8, 2026. He sold 2,000 shares at $101.00 per share and 19,140 shares at $101.54 per share, all held directly. No Rule 10b5-1 trading plan is reported for these sales.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 21,140 shares
Net Sell
2 txns
Insider
BAKER DANIEL A
Role
Director
Sold
21,140 shs ($2.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $101.00 | $202K |
| Sale | Common Stock | 19,140 | $101.54 | $1.94M |
Holdings After Transaction:
Common Stock — 17,932 shares (Direct)
Key Figures
Shares sold (first transaction): 2,000 shares
Sale price (first transaction): $101.00 per share
Shares sold (second transaction): 19,140 shares
+2 more
5 metrics
Shares sold (first transaction)
2,000 shares
Common Stock sale on September 8, 2026
Sale price (first transaction)
$101.00 per share
2,000 Common Stock shares sold on September 8, 2026
Shares sold (second transaction)
19,140 shares
Common Stock sale on September 8, 2026
Sale price (second transaction)
$101.54 per share
19,140 Common Stock shares sold on September 8, 2026
Total shares sold
21,140 shares
Sum of reported Common Stock sales on September 8, 2026
Key Terms
Common Stock, open market, Rule 10b5-1
3 terms
Common Stock financial
"Daniel A. Baker reported selling common stock in two open-market transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market financial
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these sales"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NVEC director Daniel A. Baker report?
Daniel A. Baker reported two open-market sales of NVE CORP common stock on September 8, 2026, totaling 21,140 shares sold at prices of $101.00 and $101.54 per share.
Were Daniel A. Baker’s NVEC stock sales under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported for Daniel A. Baker’s September 8, 2026 sales of NVE CORP common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.