---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-23-000395"
form_type: "8-K"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:11:01.847143+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# NVE Corp amends bylaws for majority voting; shareholders reelect directors and approve proposals

## Summary
- 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.

## SEC filing metadata
- accession: 0001376474-23-000395
- form_type: 8-K
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000137647423000395/0001376474-23-000395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000137647423000395/nvec-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-23-000395
- JSON: https://secwatch.observer/filing/0001376474-23-000395.json
- Plain text: https://secwatch.observer/filing/0001376474-23-000395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.