STOCK TITAN

NVE Corp (NASDAQ: NVEC) director ends holding with 538-share transfer

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NVE CORP (NVEC) reported an insider transaction by director Wei Xuan Kelly, who disposed of 538 shares of common stock on 2026-08-12 in a disposition to the issuer at $123.00 per share. Following this transaction, the reported direct holdings of common stock are 0 shares.

Positive

  • None.

Negative

  • None.
Insider Wei Xuan Kelly
Role Director
Type Security Shares Price Value
Disposition Common Stock 538 $123.00 $66K
Holdings After Transaction: Common Stock — 0 shares (Direct)
Shares disposed 538 shares Common Stock disposition to issuer reported by director Wei Xuan Kelly
Transaction price per share $123.00 per share Price for the 538 shares of Common Stock disposed on 2026-08-12
Holdings after transaction 0 shares Total direct Common Stock holdings after the disposition
Transaction date 2026-08-12 Date of the reported disposition to issuer
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Reporting person regulatory
""reportingPersons": [{"name": "Wei Xuan Kelly""

FAQ

What insider transaction did NVEC director Wei Xuan Kelly report?

Wei Xuan Kelly reported a disposition to the issuer of 538 shares of NVE CORP (NVEC) common stock on 2026-08-12 at $123.00 per share, classified as a code D transaction.

How many NVEC shares did Wei Xuan Kelly hold after the reported transaction?

After the reported transaction, Wei Xuan Kelly’s direct holdings of NVE CORP (NVEC) common stock were 0 shares, according to the Form 4 data.

What was the price for the NVEC shares disposed of by Wei Xuan Kelly?

The 538 shares of NVE CORP (NVEC) common stock were reported as disposed at a price of $123.00 per share, with the price characterized as a per-share amount.

What transaction code was used for Wei Xuan Kelly’s NVEC filing?

The transaction used code D, described as a Disposition to issuer, indicating that the 538 shares of NVE CORP (NVEC) common stock were returned or transferred to the issuer.

Was Wei Xuan Kelly’s NVEC transaction under a Rule 10b5-1 trading plan?

The filing’s 10b5-1 checkbox is not affirmed (set to false), and there is no footnote indicating that the 538-share disposition of NVE CORP (NVEC) stock was made under a Rule 10b5-1 trading plan.

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

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Learn about SEC filing dates
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*
Wei Xuan Kelly

(Last)(First)(Middle)
C/O NVE CORPORATION
11409 VALLEY VIEW ROAD

(Street)
EDEN PRAIRIE MINNESOTA 55344

(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)
08/12/2026
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
Common Stock08/12/2026D538D$1230D
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
Explanation of Responses:
/s/ Daniel Nelson, by power of attorney08/20/2026
** 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)