secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0000724910-21-000023
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

NVE annual meeting elects new director James W. Bracke; all proposals pass
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- Gary R. Maharaj did not stand for reelection, term expired Aug 5, 2021; James W. Bracke elected to board.
- All five director nominees elected: Glarner, Baker, Hollister, Kramp, Bracke (highest votes: Bracke 3,362,943; lowest Glarner 2,998,535).
- Advisory approval of executive compensation passed: 3,349,287 for, 11,416 against, 27,816 abstain.
- Ratification of auditor Boulay PLLP passed: 3,995,810 for, 28,853 against, 4,235 abstain.
- 4,833,232 shares entitled to vote, majority represented at meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000072491021000023/0000724910-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000072491021000023/NVE_2021_Ann_Mtg_Votes.htm
  HTML page:      https://secwatch.observer/filing/0000724910-21-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer