STOCK TITAN

NVE Corp (NVEC) CEO awarded 2,500 incentive stock options at $90.21

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NVE Corp President and CEO Daniel A. Baker received a grant of 2,500 incentive stock options on May 8, 2026. These options allow him to acquire 2,500 shares of NVE Corp common stock at an exercise price of $90.21 per share between May 8, 2027 and May 8, 2036.

The options were granted as a compensation award at no cost per option on the grant date. Following this grant, Baker directly holds 17,500 incentive stock options linked to NVE Corp common stock.

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Insider BAKER DANIEL A
Role President & CEO
Type Security Shares Price Value
Grant/Award Incentive Stock Option 2,500 $0.00 --
Holdings After Transaction: Incentive Stock Option — 17,500 shares (Direct, null)
Footnotes (1)
Options granted 2,500 incentive stock options Grant to President & CEO on May 8, 2026
Exercise price $90.21 per share Exercise price for new incentive stock options
Underlying shares 2,500 common shares Shares underlying the new option grant
Total options after grant 17,500 incentive stock options Direct holdings following the reported transaction
Exercise start date May 8, 2027 Date options become exercisable
Expiration date May 8, 2036 End of option term for the grant
Incentive Stock Option financial
"security_title": "Incentive Stock Option""
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
underlying security title financial
"underlying_security_title": "Common Stock""
exercise price financial
"conversion_or_exercise_price": "90.2100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-05-08T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BAKER DANIEL A

(Last)(First)(Middle)
11409 VALLEY VIEW ROAD

(Street)
EDEN PRAIRIE MINNESOTA 55344-3617

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NVE CORP /NEW/ [ NVEC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Incentive Stock Option$90.2105/08/2026A2,50005/08/202705/08/2036Common Stock2,500$017,500D
Explanation of Responses:
Daniel A. Baker05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did NVE Corp (NVEC) disclose about Daniel Baker’s latest equity award?

NVE Corp reported that President and CEO Daniel A. Baker received a grant of 2,500 incentive stock options. These options relate to common stock and were issued as a compensation award, expanding his direct option holdings to 17,500 incentive stock options in total.

At what price can Daniel Baker exercise his new NVE Corp (NVEC) options?

The newly granted 2,500 incentive stock options are exercisable at $90.21 per share. This is the fixed exercise price for acquiring NVE Corp common stock under the award, applying throughout the option term once they become exercisable after the stated exercise date.

When do Daniel Baker’s newly granted NVE Corp (NVEC) options become exercisable?

The filing shows an exercise date of May 8, 2027 for the 2,500 incentive stock options. That date marks when Baker can begin exercising the options, subject to their terms, to purchase NVE Corp common shares at the specified exercise price.

What is the expiration date of Daniel Baker’s new NVE Corp (NVEC) stock options?

The 2,500 incentive stock options granted to Daniel Baker expire on May 8, 2036. After this expiration date, any unexercised options under this specific grant will lapse and can no longer be used to acquire NVE Corp common stock.

How many incentive stock options does Daniel Baker hold after this NVE Corp (NVEC) Form 4?

After the reported grant, Daniel A. Baker directly holds 17,500 incentive stock options. Each option is tied to NVE Corp common stock, providing the right to acquire shares at the applicable exercise prices set in the respective award agreements.

Is Daniel Baker’s NVE Corp (NVEC) transaction a market buy or sell of shares?

The transaction is a grant of 2,500 incentive stock options, not an open-market share purchase or sale. It is categorized as a grant or award acquisition, reflecting equity-based compensation rather than a discretionary market trade in NVE Corp shares.