David B. Kunin - 19 May 2025 Form 4 Insider Report for NORTECH SYSTEMS INC (NSYS)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: NSYS
Reported as of: 19 May 2025
Net transaction value: +$81,049
SEC form: 4
Accepted by SEC: 22 May 2025, 20:57:24 UTC
Prior SEC filing: 12 Jul 2024
Source filing: View source filing
Reporting owner signature: /s/Mark Hooley, Attorney in Fact

Key filing fact

David B. Kunin filed Form 4 for NORTECH SYSTEMS INC (NSYS) on 22 May 2025.

Key facts

This page summarizes David B. Kunin's Form 4 filing for NORTECH SYSTEMS INC (NSYS).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 22 May 2025, 20:57.

Change

Previous filing in this sequence was filed on 12 Jul 2024.
Current net transaction value: +$81,049.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001180990 Primary reporting owner

KUNIN DAVID B

Relationship: Director, 10%+ Owner
Address: 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE
Signature: /s/Mark Hooley, Attorney in Fact
Signature date: 22 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NSYS transaction

Common Stock

Award

Transaction value: $81,049
Shares: +9,284
Change %: +13%
Price: $8.73
Shares after: 81,162
Date: 19 May 2025
Ownership: Direct
Footnotes: F1

NSYS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,344,066
Date: 19 May 2025
Ownership: By Curtis Squire, Inc.
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NSYS transaction Derivative

Stock Options

Award

Transaction value: $0
Shares: +9,222
Change %
Price: $0.000000
Shares after: 9,222
Date: 19 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,222
Exercise price: $8.73
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

SEC remarks

Exhibit 24.1 Power of Attorney filed with Form 4 on January 20, 2022 and incorporated herein by reference.