Welcome to our dedicated page for Nve SEC filings (Ticker: NVEC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NVE Corporation’s SEC filings document operating results, dividend actions, material agreements, and shareholder governance for its spintronic products business. Form 8-K reports furnish quarterly and fiscal-year financial results and record board-approved cash dividends on common stock.
The filing record also includes amendments to a Supplier Partnering Agreement with Abbott for supplied products, annual meeting voting results, and definitive proxy disclosures. Proxy materials cover director elections, advisory executive compensation votes, auditor ratification, equity compensation plan information, security ownership, related-party matters, and corporate governance policies.
NVE Corporation announced a planned leadership transition and board expansion. Daniel A. Baker will retire as President and Chief Executive Officer effective at the Annual Shareholders’ meeting on August 6, 2026, and, pending shareholder approval, remain on the Board as Chairman.
The Board appointed Peter G. Eames, currently Vice President of Advanced Technology, as the next President and Chief Executive Officer effective at that meeting and nominated him to the Board. The Board also nominated current Chairman Terrence W. Glarner to remain a director and first-time nominee Carolyn W. Valentine to join the Board. If shareholders approve all nominees, the Board will increase from five to seven directors.
The Compensation Committee set Dr. Eames’ annual base salary at $260,000 and approved a performance-based compensation plan equal to 0.3% of fiscal 2027 income from operations plus 2% of the increase in income from operations in fiscal 2027 compared to fiscal 2026. Non-employee directors, if elected or reelected, will receive an immediately vested nonqualified option to purchase 1,000 shares, except Dr. Baker, who will not receive this option if reelected.
NVE Corporation is asking shareholders to elect seven directors, approve executive compensation, and ratify Boulay PLLP as auditor at its August 6, 2026 annual meeting. The board will expand from five to seven members, with Peter G. Eames succeeding Daniel A. Baker as CEO while Baker becomes Chairman.
The proxy highlights strong profitability for fiscal 2026, including a 79% gross margin, 60% operating margin, 58% net margin, and higher operating cash flow. Executive pay is positioned as performance-based, tied mainly to income from operations and without pensions, golden parachutes, or executive perquisites. The filing also emphasizes board independence, AI and cybersecurity oversight, climate and human rights policies, and a clawback policy for incentive pay.
NVE Corp President and CEO Daniel A. Baker received a grant of 2,500 incentive stock options on May 8, 2026. These options allow him to acquire 2,500 shares of NVE Corp common stock at an exercise price of $90.21 per share between May 8, 2027 and May 8, 2036.
The options were granted as a compensation award at no cost per option on the grant date. Following this grant, Baker directly holds 17,500 incentive stock options linked to NVE Corp common stock.
NVE Corporation reports modestly higher results for the year ended March 31, 2026. Total revenue reached $26.3 million, up 1.8%, as product sales grew 2.4% and contract R&D declined 11% after certain contracts ended. Gross margin slipped to 79% of revenue from 84% due to a less profitable product mix and more distributor sales.
Operating expenses fell 15%, with research and development down 13% and selling, general, and administrative costs down 18% following resource shifts toward manufacturing and new products. Net income edged up 1% to $15.2 million, and the effective tax rate decreased to 15%, helped by $1.07 million of advanced manufacturing investment tax credits.
NVE ended the year with $1.7 million in cash and $41.8 million in marketable securities, representing about 69% of total assets, and paid $4.00 per share in cash dividends (about $19.3 million). The company continues to focus on spintronics-based sensors, couplers, power products, and MRAM, serving industrial, medical, and automation markets while highlighting risks from key customer dependence, supply-chain concentration, competition, and medical-device liability.
NVE Corporation reported modest full-year growth and stronger fourth-quarter results, and declared a cash dividend. Fourth-quarter fiscal 2026 revenue rose 5% to $7.65 million, driven by a 6% increase in product sales, while net income grew 27% to $4.93 million, or $1.02 per diluted share. For fiscal 2026, revenue increased 1.8% to $26.3 million and net income edged up 1% to $15.2 million, or $3.14 per diluted share. The Board approved a quarterly cash dividend of $1.00 per share, payable May 29, 2026 to shareholders of record on May 18, 2026. NVE highlighted continued strength in its spintronic sensors and couplers business and noted forward‑looking statement risks, including reliance on several large customers and economic conditions in its end markets.
NVE Corp: Vanguard Capital Management files a Schedule 13G reporting 243,227 shares (5.02%) of Common Stock. The filing shows sole dispositive power over 243,227 shares and sole voting power over 32,729 shares. The filing is signed by Ashley Grim on 04/30/2026.
Royce & Associates reports beneficial ownership of 229,297 shares of NVE Corporation, representing 4.74% of the class. The filing states these shares are held "in the ordinary course of business" and that Royce has sole voting and sole dispositive power over the reported shares. The filing is signed by Daniel A. O'Byrne on 04/27/2026.
NVE Corp: The Vanguard Group filed an Amendment No. 2 to a Schedule 13G/A reporting that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report beneficial ownership separately. The filing states zero shares beneficially owned and 0% of NVE Corp common stock by The Vanguard Group in this amendment. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
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.
NVE Corp stockholder filed a notice to sell 20,000 shares of common stock under Rule 144. The planned sale, through UBS Financial Services Inc. on Nasdaq, has an aggregate market value of $1,501,000 based on the figures provided and is targeted for around 01/27/2026. Shares outstanding were 4,837,166; this is a baseline figure, not the amount being sold.
The shares to be sold trace back to incentive stock option grants acquired on 03/28/2005 from NVE Corp and later paid for via stock swap transactions on 11/02/2011 (4,837 shares) and 11/05/2012 (18,814 shares). The seller represents that they are not aware of any undisclosed material adverse information about NVE Corp’s current or prospective operations.