NVE CORP /NEW/
For the period ended Mar 31, 2026. Filed Jun 22, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 31, 2026 · Filed Jun 22, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant☑
Filed by a party other than the Registrant☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☑ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material under § 240.14a-12 |
NVE Corporation
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
| Payment of Filing Fee (Check all boxes that apply): | |
|---|---|
| ☑ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |
June 22, 2026
Fellow Shareholders:
We cordially invite you to attend our 2026 Annual Meeting of Shareholders. The meeting will be held at our offices, 11409 Valley View Road, Eden Prairie, Minnesota, 55344, on Thursday, August 6, 2026, at 3:30 p.m. Central Daylight Time.
The items of business are described in our Proxy Statement. The Proxy Statement and other materials are available from www.nve.com/AnnualReports, or by using the appropriate QR Code below.
Thank you for your support of NVE.
Sincerely,
Daniel A. Baker President and CEO
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE 2026 ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON AUGUST 6, 2026: 1) The Company’s Proxy Statement for the 2026 Annual Meeting of Shareholders, 2) Shareholder Letter, and 3) Annual Report on Form 10-K for the year ended March 31, 2026, are available at www.nve.com/AnnualReports.
PROXY STATEMENT
ANNUAL MEETING OF SHAREHOLDERS, AUGUST 6, 2026
TABLE OF CONTENTS
GENERAL INFORMATION
VOTING INFORMATION
VOTING BEFORE THE MEETING
VOTING DURING THE MEETING
EQUITY COMPENSATION PLAN INFORMATION
SECURITY OWNERSHIP
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS** **
FINANCIAL STATEMENTS
PROPOSAL 1. ELECTION OF BOARD OF DIRECTORS
CORPORATE GOVERNANCE
Corporate Governance Guidelines
Code of Ethics
Human Rights Policy
Whistleblower Protection
Insider Trading Policies
Prohibition of Lobbying Activities
Board Leadership Structure
Board Role in Risk Oversight
Board Independence
Overboarding
Board Evaluation Process
Board Refreshment
CEO Succession Planning
Meeting Attendance and Executive Sessions of Independent Directors
Climate Policies
Employee Health and Safety and Board Oversight
Artificial Intelligence Board Oversight
Climate Policies
Employee Demographics and Diversity
Cybersecurity
Board Committees
Audit Committee Report
Director Qualifications
Board Diversity
Shareholder Nominees
Shareholder Communications With the Board
Director Attendance at Annual Meetings
Director Compensation
PROPOSAL 2. ADVISORY RESOLUTION REGARDING NAMED EXECUTIVE OFFICER COMPENSATION
INFORMATION ABOUT OUR EXECUTIVE OFFICERS
COMPENSATION DISCUSSION AND ANALYSIS
Financial Performance
Compensation Philosophy and Objectives
Outstanding Equity Awards at Fiscal Year End
Compensation Clawbacks
Employment Agreements
Option-Grant Practices and Timing
The Impact of Accounting and Tax Treatment
Prohibitions of Pledging, Hedging, and Other Derivative Transactions
Compensation Advisers and Benchmarks
Role of NEOs in Setting Compensation
EXECUTIVE COMPENSATION
PROPOSAL 3. RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
AUDIT COMMITTEE DISCLOSURE
Fees Billed to Us by Our Independent Registered Public Accounting Firm During Fiscal 2026 and 2025
Audit Committee Independence and Preapproval Policy i
PROXY STATEMENT
ANNUAL MEETING OF SHAREHOLDERS, AUGUST 6, 2026
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.