Nortech (NSYS) Director Amy Fredregill Receives 8,000-Option Grant

What Happened
Amy S. Fredregill, a director of Nortech Systems Inc. (NSYS), received a derivative award on March 31, 2026: 8,000 stock options reported at $0.00 on the Form 4. This was an award/grant (transaction code A) rather than a purchase or sale, so no shares changed hands and no proceeds were reported at grant.

Key Details

• Transaction date: March 31, 2026; Form 4 filing date: September 16, 2026 (filed months after the transaction).
• Award: 8,000 stock options (reported as 8,000 shares @ $0.00); options are exercisable on May 1, 2027 (footnote F2).
• Prior related award: 3,438 Restricted Stock Units (RSUs) granted May 19, 2025, vesting May 1, 2027 (footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing note: Exhibit 24.1 (Power of Attorney) was referenced from a prior Form 3 filing (Nov 7, 2023).
• Transaction type code: A = Award/Grant (derivative). No exercise price or immediate cash value was reported in the excerpt.

Context
This filing documents an option grant, not an exercise or sale—meaning the director received the right to buy shares in the future (exercisable May 1, 2027) rather than immediate stock ownership. Because the Form 4 was filed well after the March 31, 2026 grant date, the filing is late relative to the typical two-business-day reporting window for Form 4s; delayed filings are disclosures of record timing and do not, by themselves, indicate the insider’s intent.