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Nortech director granted 8,000 options at $12.19

NSYS director Stacy A. Kruse was granted 8,000 stock options at a $12.19 exercise price, adding to an existing direct stake of 14,857 common shares including 3,438 RSUs.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

NORTECH SYSTEMS INC (NSYS) director Stacy A. Kruse received a grant of 8,000 stock options on March 31, 2026. These options have an exercise price of $12.19 per share, become exercisable on May 1, 2027, and expire on March 31, 2036. Following this grant, Kruse holds 14,857 shares of Common Stock directly, including 3,438 Restricted Stock Units granted on May 20, 2025 that are scheduled to vest on May 1, 2027. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

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Negative

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Insider Kruse Stacy A
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 — 14,857 shares (Direct)
Footnotes (2)
  1. F1. Includes 3,438 Restricted Stock Units granted on May 20, 2025, with 3,438 units vesting on May 1, 2027.
  2. F2. Represents 8,000 Stock Options granted on March 31, 2026, with 8,000 options exercisable on May 1, 2027.
Stock options granted 8,000 options Grant to Stacy A. Kruse on March 31, 2026
Option exercise price $12.19 per share Exercise price for 8,000 stock options granted March 31, 2026
Option exercisability date May 1, 2027 Date when 8,000 stock options become exercisable
Option expiration date March 31, 2036 Expiration of 8,000 stock options
Common shares held 14,857 shares Direct NSYS Common Stock holdings after transactions on March 31, 2026
Restricted Stock Units held 3,438 RSUs Granted May 20, 2025; vesting on May 1, 2027
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NSYS director Stacy A. Kruse report on this Form 4?

Stacy A. Kruse reported a grant of 8,000 stock options on March 31, 2026, each with an exercise price of $12.19 per share, exercisable starting May 1, 2027 and expiring March 31, 2036.

What is the exercise price and term of the new NSYS stock options granted to Stacy A. Kruse?

The grant to Stacy A. Kruse covers 8,000 stock options with an exercise price of $12.19 per share. The options become exercisable on May 1, 2027 and expire on March 31, 2036.

How many NSYS common shares does Stacy A. Kruse own after the reported transactions?

After the reported transactions, Stacy A. Kruse directly holds 14,857 shares of Common Stock of NORTECH SYSTEMS INC, as disclosed for the date of March 31, 2026.

What Restricted Stock Units (RSUs) in NSYS does Stacy A. Kruse hold and when do they vest?

Stacy A. Kruse holds 3,438 Restricted Stock Units in NSYS, granted on May 20, 2025. All 3,438 units are scheduled to vest on May 1, 2027.

Were Stacy A. Kruse’s NSYS option grants made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan applies to the reported transactions, as the relevant checkbox is not affirmed.

What type of security was granted to NSYS director Stacy A. Kruse in this Form 4?

The filing reports a grant of Stock Options relating to 8,000 underlying shares of Common Stock of NORTECH SYSTEMS INC, with an exercise price of $12.19 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kruse Stacy A

(Last)(First)(Middle)
7550 MERIDIAN CIRCLE N.
SUITE # 150

(Street)
MAPLE GROVE MINNESOTA 55369

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NORTECH SYSTEMS INC [ NSYS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock14,857(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$12.1903/31/2026A8,000(2)05/01/202703/31/2036Common Stock8,000$0.008,000(2)D
Explanation of Responses:
1. Includes 3,438 Restricted Stock Units granted on May 20, 2025, with 3,438 units vesting on May 1, 2027.
2. Represents 8,000 Stock Options granted on March 31, 2026, with 8,000 options exercisable on May 1, 2027.
Remarks:
Exhibit 24.1 Power of Attorney filed with Form 4 on March 21, 2022 and incorporated herein by reference.
/s/ Mark Hooley, Attorney in Fact09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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