other material
confidence high
sentiment neutral
materiality 0.15
NVE Corp amends bylaws for majority voting; shareholders reelect directors and approve proposals
NVE CORP /NEW/
- Bylaws amended to require majority vote in uncontested director elections, replacing plurality standard.
- Annual meeting: all five incumbent directors reelected; Terrence Glarner had 2,436,182 votes for and 452,886 withheld.
- Shareholders approved named executive officer compensation (2,747,800 for, 91,382 against) and favored annual say-on-pay.
- Auditor Boulay PLLP ratified for fiscal 2024 with 3,635,666 votes for, 8,075 against, 12,893 abstain.