NVE Corp (NVEC) Director Daniel A. Baker Sells 21,140 Shares

What Happened
Daniel A. Baker, a director of NVE Corp (NVEC), sold a total of 21,140 shares in two open-market transactions on September 8, 2026. He disposed of 2,000 shares at $101.00 for $202,000 and 19,140 shares at $101.54 for $1,943,476, for combined proceeds of approximately $2,145,476. These were outright sales (code S), which are typically routine dispositions rather than an expressed bullish signal.

Key Details

• Transaction dates: 2026-09-08 (both trades).
• Prices and amounts: 2,000 shares @ $101.00 ($202,000); 19,140 shares @ $101.54 ($1,943,476).
• Total shares sold: 21,140; total proceeds: ~$2.15 million.
• Transaction type: Open-market sales (Form 4, code S).
• Filing: Form 4 filed on 2026-09-09 (timely; not marked late).
• Shares owned after transaction: Not specified in the transaction details provided.
• No 10b5-1 plan, tax withholding, gift, or option-exercise footnotes were noted in the supplied data.

Context
Sales by directors can reflect many reasons (portfolio rebalancing, liquidity needs, diversification) and are not direct indicators of company performance. Purchases generally carry more interpretive weight as a bullish signal; this filing documents routine insider selling. Retail investors should consider this alongside other disclosures, company fundamentals, and broader insider activity before drawing conclusions.