{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-24-000235","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.790453+00:00","generated_at":"2026-06-02T02:57:01.966759+00:00","sec_items":["5.02","7.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"NVE director Richard Kramp dies; Dr. Kelly Wei elected to board","bullets":["Director Richard W. Kramp passed away May 2, 2024 after an illness; served on NVE board since 2014.","Dr. Kelly Wei elected to board effective May 13, 2024 to fill unexpired term ending at 2024 annual meeting.","Wei is VP of Corporate Strategy at Medtronic, appointed to Compensation and Nominating committees.","Board determined Wei is independent under NASDAQ Listing Rule 5605(a)(2) and SEC regulations."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-24-000235","json":"https://secwatch.observer/filing/0001376474-24-000235.json","markdown":"https://secwatch.observer/filing/0001376474-24-000235.md","text":"https://secwatch.observer/filing/0001376474-24-000235.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000137647424000235/0001376474-24-000235-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000137647424000235/nvec-20240513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T02:57:01.966759+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":"22c30a0e5f","claim":"Kelly Wei was elected as Director at NVE CORP /NEW/.","evidence_excerpt":"the NVE Board of Directors elected Kelly Wei, Ph.D. to join the Board effective May 13, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647424000235/0001376474-24-000235-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"47f00573ad","claim":"Richard W. Kramp departed as Director at NVE CORP /NEW/.","evidence_excerpt":"Director Richard W. Kramp passed away on May 2, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647424000235/0001376474-24-000235-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"passed away"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}