NVE Corp (NVEC) CEO sells 20,000 shares after exercising options
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
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 shares (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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.