NVE CORP (NVEC) director James W. Bracke receives 1,000 stock options grant
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- F1. Option granted automatically on Mr. Bracke's reelection to NVE's Board of Directors.
Key Figures
Options Granted: 1,000 options
Exercise Price: $129.43 per share
Expiration Date: 2036-08-06
+1 more
4 metrics
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
Key Terms
Non-Qualified Stock Option, conversion or exercise price, underlying security, expiration date
4 terms
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.
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.