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NORTECH SYSTEMS INC — Director's Dealing 2025
May 22, 2025
34862_dirs_2025-05-22_d584930b-6c7d-4562-ae74-b21ec65fdd0c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORTECH SYSTEMS INC (NSYS)
CIK: 0000722313
Period of Report: 2025-05-19
Reporting Person: KUNIN DAVID B (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-19 | Common Stock | A | 9284 | $8.73 | Acquired | 81162 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-19 | Stock Options | $8.73 | A | 9222 | Acquired | 2035-05-19 | Common Stock (9222) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1344066 | Indirect |
Footnotes
F1: Represents 9,284 Restricted Stock Units granted on May 19, 2025, with 4,642 units vesting on May 1, 2026 and 4,642 units vesting on May 1, 2027.
F2: Voting and dispositive power over shares held by Curtis Squire, Inc. is shared by Curtis Squires' board of directors. The Reporting Person is a member of Curtis Squires' board of directors, and as such, the Reporting Person is deemed to hold shared voting and dispositive power over these shares.
F3: Represents 9,222 Stock Options granted on May 19, 2025, with 4,611 options exercisable on May 1, 2026 and 4,611 options exercisable on May 1, 2027.