secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0000724910-21-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NVE CFO Curt Reynders retires Oct 1; Jon Larson appointed Principal Financial Officer
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- Curt A. Reynders retired as CFO on October 1, 2021, as previously disclosed in July.
- Jon J. Larson, age 36, appointed Principal Financial Officer effective Oct 1.
- Larson had been Corporate Controller since Sept 20, 2021; holds CPA, MBA.
- Annual salary of $150,000; eligible for performance-based compensation of $5,000 in May 2022.
- Agreement includes non-competition, confidentiality, and invention assignment provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000072491021000031/0000724910-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000072491021000031/NVE_PFO_8K.htm
  HTML page:      https://secwatch.observer/filing/0000724910-21-000031

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