NVE Corp (NVEC) Director Carolyn Walker Receives 1,000-Share Award

What Happened Carolyn Walker, newly elected director of NVE Corp (NVEC), was granted a 1,000-share derivative award (transaction code A) on 2026-08-06. The reported acquisition price is $0.00 (total reported value $0). The filing labels this as a derivative grant — the footnote states the option was granted automatically upon her election to the Board, so this is a routine board compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-08-06; 1,000 shares; reported acquisition price $0.00 (derivative).
• Transaction code: A (award/grant/acquisition of derivative securities).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — option granted automatically on Ms. Valentine’s election to NVE’s Board of Directors.
• Filing timeliness: Form 4 filed 2026-08-18 for an 8/6 transaction (filed late relative to the typical 2-business-day Form 4 window).

Context This appears to be a standard director compensation grant tied to board service; such awards are common and do not by themselves indicate insider sentiment about the stock. The filing does not include details on vesting, exercise price, or whether shares/options are immediately exercisable — watch for future Form 4s or company disclosures for vesting schedules, exercise terms, or any subsequent exercises/sales that would affect ownership.