Nortech Systems grants director 8,000 options
NSYS director Jose Antonio Peris received 8,000 stock options at a $12.19 exercise price, with vesting and holdings detail updated as of March 31, 2026.
Rhea-AI Filing Summary
NORTECH SYSTEMS INC (NSYS) director Jose Antonio Peris reported an award of 8,000 Stock Options on March 31, 2026. The options have an exercise price of $12.19 per share, become exercisable on May 1, 2027, and expire on March 31, 2036. After this award, he holds 11,107 shares of Common Stock directly, including 3,438 Restricted Stock Units granted on May 20, 2025 that vest on May 1, 2027. No Rule 10b5-1 trading plan is indicated.
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Insider Trade Summary
Grant/Award: 8,000 shares
Grant/Award
2 txns
Insider
Peris Jose Antonio
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options F2 | 8,000 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Options — 8,000 contracts (Direct);
Common Stock — 11,107 shares (Direct)
Footnotes (2)
- F1. Includes 3,438 Restricted Stock Units granted on May 20, 2025, with 3,438 units vesting on May 1, 2027.
- F2. Represents 8,000 Stock Options granted on March 31, 2026, with 8,000 options exercisable on May 1, 2027.
Key Figures
Stock Options Granted: 8,000 options
Exercise Price: $12.19 per share
Option Exercisability Date: May 1, 2027
+3 more
6 metrics
Stock Options Granted
8,000 options
Grant to director Jose Antonio Peris on March 31, 2026
Exercise Price
$12.19 per share
Exercise price for the 8,000 Stock Options granted March 31, 2026
Option Exercisability Date
May 1, 2027
Date when all 8,000 Stock Options become exercisable
Option Expiration Date
March 31, 2036
Expiration of 8,000 Stock Options if not exercised earlier
Common Stock Holdings
11,107 shares
Total Common Stock held directly after reported transactions
Restricted Stock Units
3,438 units
RSUs granted May 20, 2025, vesting May 1, 2027, included in 11,107 shares figure
Key Terms
Stock Options, Restricted Stock Units, Power of Attorney
3 terms
Stock Options financial
"Represents 8,000 Stock Options granted on March 31, 2026"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Restricted Stock Units financial
"Includes 3,438 Restricted Stock Units granted on May 20, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Power of Attorney regulatory
"Exhibit 24.1 Power of Attorney filed with Form 3"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NSYS director Jose Antonio Peris report?
He reported a grant of 8,000 Stock Options on March 31, 2026. The options allow him to buy Common Stock at an exercise price of $12.19 per share, exercisable on May 1, 2027 and expiring on March 31, 2036.
What is the exercise price and term of the new NSYS stock options?
The award consists of 8,000 Stock Options with an exercise price of $12.19 per share. All 8,000 options become exercisable on May 1, 2027 and will expire on March 31, 2036, if not earlier exercised or forfeited as applicable.
What Restricted Stock Units in NSYS does Jose Antonio Peris have?
He has 3,438 Restricted Stock Units in NSYS, granted on May 20, 2025. According to the disclosure, all 3,438 units are scheduled to vest on May 1, 2027, at which time they are expected to settle in shares of Common Stock.
Was the NSYS Form 4 transaction made under a Rule 10b5-1 trading plan?
The filing indicates that it was not made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 is explicitly shown as false, and no footnote describes the award as pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.