{"schema_version":"secwatch.filing_event.v1","accession":"0000724910-22-000004","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2022-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.567522+00:00","generated_at":"2026-06-27T17:21:42.647055+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NVE appoints Joseph R. Schmitz as CFO effective January 20, 2022","bullets":["Joseph R. Schmitz, age 59, appointed CFO; previously management roles at Trane Technologies.","Annual salary of $195,000; eligible for performance-based compensation of $10,000 in May 2022 and target 20%-25% of salary.","Schmitz has MBA from Indiana University, B.S.B. in Accounting from U of Minnesota, CPA (inactive) and CMA.","He signed agreement with non-competition, confidentiality, and assignment of invention provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0000724910-22-000004","json":"https://secwatch.observer/filing/0000724910-22-000004.json","markdown":"https://secwatch.observer/filing/0000724910-22-000004.md","text":"https://secwatch.observer/filing/0000724910-22-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000072491022000004/0000724910-22-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000072491022000004/NVE_CFO_8K_2022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T17:21:42.647055+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"489236a7cb","claim":"Joseph R. Schmitz was appointed as Chief Financial Officer at NVE CORP /NEW/.","evidence_excerpt":"On January 17, 2022, our Board of Directors appointed Joseph R. Schmitz as our Chief Financial Officer effective January 20, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000072491022000004/0000724910-22-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}