Operations leader at Nortech Systems (NASDAQ: NSYS) plans retirement

Rhea-AI Filing Summary

Nortech Systems Incorporated reported that Senior Vice President, Global Operations John Lindeen has notified the company of his intention to retire and resign. The company stated that his resignation is not due to any disagreement with its operations, policies, or procedures, indicating a planned transition rather than a dispute.

Lindeen will continue serving as Senior Vice President, Global Operations for the remainder of 2025 and into the first quarter of 2026 to support continuity. Nortech Systems has begun a search for a permanent replacement to lead its global operations after his departure.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 18, 2025

NORTECH SYSTEMS INCORPORATED

(Exact name of registrant as specified in charter)

Minnesota		0-13257		41-1681094
(State or other jurisdiction		(Commission		IRS Employer
of incorporation)		File Number)		Identification No.)

7550 Meridian Circle N. Ste 150, Maple Grove, MN 55369

(Address of principal executive offices)

(952) 345-2244

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol(s)		Name of each exchange on which registered:
Common Stock, par value $.01 per share		NSYS		NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 5 – Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On August 18, 2025, Senior Vice President, Global Operations John Lindeen notified Nortech Systems Incorporated (the “Company”) of his intention to retire and resign. The resignation is not due to any disagreement with the Company or the Company’s operations, policies, or procedures. He will remain Senior Vice President, Global Operations for the remainder of 2025 and into the first quarter of 2026. The Company has initiated a search for a permanent replacement.

2

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 19, 2025

Nortech Systems Incorporated

(Registrant)

/s/ Andrew D. C. LaFrence

Andrew D. C. LaFrence

Chief Financial Officer and SVP of Finance

3

FAQ

What executive change did Nortech Systems (NSYS) disclose?

Nortech Systems disclosed that Senior Vice President, Global Operations John Lindeen has notified the company of his intention to retire and resign.

Is the NSYS executive resignation related to any disagreement with the company?

The company stated that Lindeen’s resignation is not due to any disagreement with Nortech Systems’ operations, policies, or procedures.

How long will John Lindeen remain at Nortech Systems (NSYS)?

John Lindeen will remain Senior Vice President, Global Operations for the remainder of 2025 and into the first quarter of 2026 to support the transition.

Has Nortech Systems (NSYS) started searching for a replacement for the SVP of Global Operations?

Yes. Nortech Systems has initiated a search for a permanent replacement for the Senior Vice President, Global Operations role.

Which role is affected by the leadership transition at Nortech Systems (NSYS)?

The affected role is Senior Vice President, Global Operations, held by John Lindeen.

What SEC form did Nortech Systems (NSYS) use to report this executive change?

The executive transition was reported on a Form 8-K under the item covering departures of certain officers and related arrangements.