STOCK TITAN

NVE CORP (NVEC) director James W. Bracke receives 1,000 stock options grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NVE CORP /NEW/ director James W. Bracke received a grant of 1,000 Non-Qualified Stock Options on 2026-08-06. The options have a conversion or exercise price of $129.43 per share, relate to 1,000 shares of common stock, and expire on 2036-08-06. Following this grant, Bracke holds 6,000 stock options in total. A footnote states the option was granted automatically upon his reelection to NVE’s Board of Directors.

Positive

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Negative

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Insider BRACKE JAMES W
Role Director
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option F1 1,000 $0.00 $0.00
Holdings After Transaction: Non-Qualified Stock Option — 6,000 shares (Direct)
Footnotes (1)
  1. F1. Option granted automatically on Mr. Bracke's reelection to NVE's Board of Directors.
Options Granted 1,000 options Non-Qualified Stock Option grant on 2026-08-06 to director James W. Bracke
Exercise Price $129.43 per share Conversion or exercise price for the 1,000 Non-Qualified Stock Options
Expiration Date 2036-08-06 Expiration of the granted Non-Qualified Stock Options
Total Options After Grant 6,000 options Total derivative securities beneficially owned following the reported transaction
Non-Qualified Stock Option financial
"security_title: "Non-Qualified Stock Option""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
conversion or exercise price financial
"conversion_or_exercise_price: "129.4300""
underlying security financial
"underlying_security_title: "Common Stock""
expiration date financial
"expiration_date: "2036-08-06""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did NVE (NVEC) director James W. Bracke receive in this Form 4 filing?

James W. Bracke received a grant of 1,000 Non-Qualified Stock Options. These options relate to NVE common stock and were reported as a compensation-related acquisition, not a market purchase or sale.

What is the exercise price of the options granted to James W. Bracke at NVEC?

The options granted to James W. Bracke have an exercise price of $129.43 per share. This is the price at which he may acquire NVE common stock covered by these options.

When do James W. Bracke’s newly granted NVEC stock options expire?

The newly granted options to James W. Bracke expire on 2036-08-06. He may exercise them at $129.43 per share any time before this expiration date, subject to applicable terms.

How many NVE (NVEC) stock options does James W. Bracke hold after this grant?

After this grant, James W. Bracke holds 6,000 stock options. The Form 4 states that the total derivative securities beneficially owned following the reported transaction is 6,000 options.

Why were these NVEC options granted to James W. Bracke according to the Form 4?

A footnote explains the option was granted automatically on Mr. Bracke’s reelection to NVE’s Board of Directors. This indicates it is part of his director compensation program.
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*
BRACKE JAMES W

(Last)(First)(Middle)
15411 MASON POINTE

(Street)
EDEN PRAIRIE MINNESOTA 55347

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
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
Non-Qualified Stock Option$129.4308/06/2026A1,000(1)08/06/202608/06/2036Common Stock1,000$06,000D
Explanation of Responses:
1. Option granted automatically on Mr. Bracke's reelection to NVE's Board of Directors.
/s/ Daniel Nelson, by power of attorney08/10/2026
** 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)