NVE CEO sells 20,000 shares after option exercises

Q: What insider transactions did NVE Corp (NVEC) CEO Daniel Baker report?

Daniel A. Baker reported cashless exercises of 15,000 incentive stock options and net sales of 20,000 NVE Corp common shares at prices between roughly $114 and $118 over July 27–29, 2026, all held directly.

Q: How many NVEC shares did Daniel Baker sell, and on which dates?

Daniel A. Baker reported selling 20,000 NVE Corp shares: 1,518 shares at $117.56 on July 27, 3,260 shares at $117.57 on July 28, and 15,222 shares at $114.08 on July 29, 2026, all as open-market or private sales.

Q: What options did Daniel Baker exercise in this NVEC insider report?

He exercised 15,000 incentive stock options for NVE Corp common stock on July 27, 2026, in blocks of 2,500 options each, with exercise prices including $54.34, $77.45, $47.20, $76.93, $81.96, and $67.64 per share through cashless net option exercises.

Q: Were Daniel Baker’s NVEC trades reported under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 affirmation checkbox is not marked for these transactions, and the footnotes describing Baker’s cashless net option exercises do not reference any Rule 10b5-1 or other pre-arranged trading plan for the reported trades.

Q: What is notable about the expiration terms of Baker’s NVEC incentive stock options?

A footnote states that all incentive stock options on this form would expire three months after the employee’s retirement. This condition applies to each reported incentive stock option grant that was exercised on July 27, 2026, in connection with the described transactions.

NVE Corp President & CEO Daniel A. Baker reported option-related insider transactions in NVE Corp common stock.

Accepted by SEC EDGAR 07/29/2026 - 07:18 PM EDT

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Rhea-AI Filing Summary

NVE Corp President & CEO Daniel A. Baker reported option-related insider transactions in NVE Corp common stock. On July 27, 2026 he exercised 15,000 incentive stock options through cashless net option exercises, receiving common shares, and reported net sales of 20,000 shares at prices around $114–$118 between July 27 and 29, 2026. All incentive stock options on this form would expire three months after his retirement.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 15 txns

Insider BAKER DANIEL A

Role President & CEO

Sold 20,000 shs ($2.30M)

Approx. gross sale proceeds $2.30M

Approx. exercise cost $1.01M

Type	Security	Shares	Price	Value
Sale	Common Stock	15,222	$114.08	$1.74M
Sale	Common Stock	3,260	$117.57	$383K
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Incentive Stock Option ^{F1, F2}	2,500	$0.00	$0.00
Exercise	Common Stock	1,344	$117.55	$158K
Exercise	Common Stock	853	$117.55	$100K
Exercise	Common Stock	1,496	$117.55	$176K
Exercise	Common Stock	864	$117.55	$102K
Exercise	Common Stock	757	$117.55	$89K
Exercise	Common Stock	1,061	$117.55	$125K
Sale	Common Stock	1,518	$117.56	$178K

Holdings After Transaction: Incentive Stock Option — 52,500 contracts (Direct); Common Stock — 46,303 shares (Direct)

Footnotes (2)

F1. All transactions in this table were cashless net option exercises.
F2. All incentive stock options on this form would expire three months after employee's retirement.

Key Figures

Net common shares sold: 20,000 shares Sale on 2026-07-29: 15,222 shares at $114.08 Sale on 2026-07-28: 3,260 shares at $117.57 +4 more

7 metrics

Net common shares sold 20,000 shares Net sale volume across reported NVE Corp common stock transactions

Sale on 2026-07-29 15,222 shares at $114.08 Open-market or private sale of NVE Corp common stock by CEO

Sale on 2026-07-28 3,260 shares at $117.57 Open-market or private sale of NVE Corp common stock by CEO

Sale on 2026-07-27 1,518 shares at $117.56 Open-market or private sale of NVE Corp common stock by CEO

Options exercised 15,000 incentive stock options Total NVE Corp options exercised via cashless net exercises on 2026-07-27

Option exercise block 2,500 options at $47.20 One of six 2,500-share NVE Corp option tranches exercised on 2026-07-27

Highest option exercise price 2,500 options at $81.96 Highest per-share exercise price among reported NVE Corp option exercises

Key Terms

Incentive Stock Option, cashless net option exercises, derivative security, acquired_disposed_code

4 terms

Incentive Stock Option financial

"security_title lists "Incentive Stock Option" for several derivative exercises"

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.

cashless net option exercises financial

"Footnote states "All transactions in this table were cashless net option exercises.""

derivative security financial

"transaction_code_description reads "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

acquired_disposed_code regulatory

"Field "acquired_disposed_code" shows "A" or "D" for each transaction row"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did NVE Corp (NVEC) CEO Daniel Baker report?

Daniel A. Baker reported cashless exercises of 15,000 incentive stock options and net sales of 20,000 NVE Corp common shares at prices between roughly $114 and $118 over July 27–29, 2026, all held directly.

How many NVEC shares did Daniel Baker sell, and on which dates?

Daniel A. Baker reported selling 20,000 NVE Corp shares: 1,518 shares at $117.56 on July 27, 3,260 shares at $117.57 on July 28, and 15,222 shares at $114.08 on July 29, 2026, all as open-market or private sales.

What options did Daniel Baker exercise in this NVEC insider report?

He exercised 15,000 incentive stock options for NVE Corp common stock on July 27, 2026, in blocks of 2,500 options each, with exercise prices including $54.34, $77.45, $47.20, $76.93, $81.96, and $67.64 per share through cashless net option exercises.

Were Daniel Baker’s NVEC trades reported under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 affirmation checkbox is not marked for these transactions, and the footnotes describing Baker’s cashless net option exercises do not reference any Rule 10b5-1 or other pre-arranged trading plan for the reported trades.

What is notable about the expiration terms of Baker’s NVEC incentive stock options?

A footnote states that all incentive stock options on this form would expire three months after the employee’s retirement. This condition applies to each reported incentive stock option grant that was exercised on July 27, 2026, in connection with the described transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/27/2026		M		1,344	A	$117.55	61,272	D
Common Stock	07/27/2026		M		853	A	$117.55	62,125	D
Common Stock	07/27/2026		M		1,496	A	$117.55	63,621	D
Common Stock	07/27/2026		M		864	A	$117.55	64,485	D
Common Stock	07/27/2026		M		757	A	$117.55	65,242	D
Common Stock	07/27/2026		M		1,061	A	$117.55	66,303	D
Common Stock	07/27/2026		S		1,518	D	$117.56	64,785	D
Common Stock	07/28/2026		S		3,260	D	$117.57	61,525	D
Common Stock	07/29/2026		S		15,222	D	$114.08	46,303	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Incentive Stock Option	$54.34	07/27/2026		M			2,500⁽¹⁾	05/05/2021	05/05/2030⁽²⁾	Common Stock	2,500	$0	15,000	D
Incentive Stock Option	$77.45	07/27/2026		M			2,500⁽¹⁾	05/05/2022	05/05/2031⁽²⁾	Common Stock	2,500	$0	12,500	D
Incentive Stock Option	$47.2	07/27/2026		M			2,500⁽¹⁾	05/01/2023	05/01/2032⁽²⁾	Common Stock	2,500	$0	10,000	D
Incentive Stock Option	$76.93	07/27/2026		M			2,500⁽¹⁾	04/30/2024	04/30/2033⁽²⁾	Common Stock	2,500	$0	7,500	D
Incentive Stock Option	$81.96	07/27/2026		M			2,500⁽¹⁾	04/28/2025	04/28/2034⁽²⁾	Common Stock	2,500	$0	5,000	D
Incentive Stock Option	$67.64	07/27/2026		M			2,500⁽¹⁾	05/08/2026	05/08/2035⁽²⁾	Common Stock	2,500	$0	2,500	D

Explanation of Responses:

1. All transactions in this table were cashless net option exercises.

2. All incentive stock options on this form would expire three months after employee's retirement.

	Daniel A. Baker	07/29/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR