{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-26-000456","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2026-06-22T20:07:47+00:00","discovered_at":"2026-06-22T20:09:00.356995+00:00","generated_at":"2026-06-22T20:09:21.429813+00:00","sec_items":["5.02","8.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NVE CEO Daniel Baker to retire Aug 6, 2026; Peter Eames named successor; board expands to 7","bullets":["CEO Daniel Baker retires effective Aug 6, 2026; will remain Chairman if shareholders approve.","Peter Eames appointed President & CEO; base salary $260k plus performance plan tied to fiscal 2027 operating income.","Chairman Terry Glarner to step down but remain on Board; Carolyn Valentine nominated to Board, expanding from 5 to 7 directors.","Eames joined NVE in 2003, served as VP of Advanced Technology since 2016, leading R&D and production expansions."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-26-000456","json":"https://secwatch.observer/filing/0001376474-26-000456.json","markdown":"https://secwatch.observer/filing/0001376474-26-000456.md","text":"https://secwatch.observer/filing/0001376474-26-000456.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/nvec-20260622_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T20:09:21.429813+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":"7a03576d80","claim":"Daniel A. Baker changed role as Chairman of the Board at NVE CORP /NEW/.","evidence_excerpt":"On June 22, 2026, NVE Corporation (the “Company”) announced that Daniel A. Baker, Ph.D., age 68, will retire as President and Chief Executive Officer effective at the Company’s Annual Shareholders’ meeting on August 6, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire as President and Chief Executive Officer"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"abe2759c2c","claim":"Terence W. Glarner changed role as Director at NVE CORP /NEW/.","evidence_excerpt":"Current Chairman Terence W. Glarner, age 83, was nominated to remain on the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm","confidence":0.8,"family_label":"Executive change","details":[{"label":"Action","value":"nominated to remain on the Board"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ca4ec1c2d7","claim":"Peter G. Eames was appointed as President and Chief Executive Officer at NVE CORP /NEW/.","evidence_excerpt":"The Board of Directors appointed Peter G. Eames, age 50, currently serving as Vice President of Advanced Technology, as President and Chief Executive Officer effective at that time.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ec888160a9","claim":"Caroyln W. Valentine was appointed as Director at NVE CORP /NEW/.","evidence_excerpt":"Additionally, the Board nominated Caroyln W. Valentine to its Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"nominated to the Board of Directors"},{"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"}