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CEO Daniel Baker trims NVE Corp (NVEC) stake in two stock sales

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

NVE Corp President & CEO Daniel A. Baker reported open-market sales of company common stock. On January 27, 2026, he sold 1,155 shares at $74.04 per share. On January 29, 2026, he sold an additional 103 shares at $72.25 per share.

Both transactions involved directly held shares. After these trades, Baker beneficially owns 59,928 shares of NVE Corp common stock directly.

Positive

  • None.

Negative

  • None.
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 MN 55344-3617

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/27/2026 S 1,155 D $74.04 60,031 D
Common Stock 01/29/2026 S 103 D $72.25 59,928 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Daniel A. Baker 01/29/2026
** 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.

FAQ

What insider transaction did NVE Corp (NVEC) report for Daniel A. Baker?

NVE Corp reported that President & CEO Daniel A. Baker sold common stock in two open-market transactions. He sold 1,155 shares on January 27, 2026 and 103 shares on January 29, 2026, as disclosed in a Form 4 filing.

How many NVE Corp (NVEC) shares did Daniel A. Baker sell and at what prices?

Daniel A. Baker sold 1,155 NVE Corp common shares at $74.04 per share on January 27, 2026. He then sold 103 additional shares at $72.25 per share on January 29, 2026, according to the Form 4 disclosure.

How many NVE Corp (NVEC) shares does Daniel A. Baker hold after these sales?

After the reported sales, Daniel A. Baker beneficially owns 59,928 shares of NVE Corp common stock. The filing indicates these remaining shares are held directly, reflecting his updated ownership position as President & CEO and director.

What is Daniel A. Baker’s role at NVE Corp (NVEC) in this Form 4 filing?

In the Form 4, Daniel A. Baker is identified as both a director and an officer of NVE Corp, serving as President & CEO. The filing reports his personal transactions in NVE Corp common stock and his resulting beneficial ownership.

Were Daniel A. Baker’s NVE Corp (NVEC) stock sales direct or indirect holdings?

The Form 4 shows Daniel A. Baker’s transactions as involving directly held NVE Corp common stock, marked with ownership form “D.” No nature of indirect beneficial ownership is indicated in the filing’s ownership column or related data.
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