Key facts
- This page summarizes Steven J. Rosenstone's Form 4 filing for NORTECH SYSTEMS INC (NSYS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 19 May 2023, 20:20.
Steven J. Rosenstone - 17 May 2023 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)
- Reporting relationship
- Director
- Issuer ticker
- NSYS
- Reported as of
- 17 May 2023
- Net transaction value
- -$9,253
- SEC form
- 4
- Accepted by SEC
- 19 May 2023, 20:20:14 UTC
- Prior SEC filing
- 16 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Hooley, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Steven J. Rosenstone filed Form 4 for NORTECH SYSTEMS INC (NSYS) on 19 May 2023.
Change
- Previous filing in this sequence was filed on 16 May 2023.
- Current net transaction value: -$9,253.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NSYS
transaction
Common Stock
Options Exercise
- Transaction value
- $3,290
- Shares
- +1,000
- Change %
- +14%
- Price
- $3.29
- Shares after
- 8,000
- Date
- 17 May 2023
- Ownership
- Direct
- Footnotes
- F1
NSYS
transaction
Common Stock
Tax liability
- Transaction value
- $3,293
- Shares
- -356
- Change %
- -4.4%
- Price
- $9.25
- Shares after
- 7,644
- Date
- 17 May 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NSYS
transaction
Derivative
Common Stock Options
Options Exercise
- Transaction value
- $9,250
- Shares
- -1,000
- Change %
- -33%
- Price
- $9.25
- Shares after
- 2,000
- Date
- 17 May 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,000
- Exercise price
- $3.29
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Includes 3,000 Restricted Stock Units granted on 5/12/2023, with 1,500 shares vesting on each of 3/16/2024 and 3/16/2025, and 1,500 Restricted Stock Units granted on 3/17/2022, with 1,500 shares vesting on 3/17/2024.
Footnote F2
The option, representing a right to purchase a total of 3,000 shares, became exercisable in five equal annual installments of 600 shares each beginning on May 9, 2019, which was the first anniversary of the date on which the option was granted.
SEC remarks
Exhibit 24.1 Power of Attorney filed with Form 4 on May 16, 2023 and incorporated herein.