NORTECH (NSYS) Director Jose Antonio Peris Receives Option Grant

What Happened Jose Antonio Peris, a director of NORTECH SYSTEMS INC (NSYS), was granted a derivative award of 8,000 stock options on March 31, 2026. The Form 4 reports the acquisition code "A" at $0.00 (no cash paid). The filing does not disclose an exercise price or dollar value for the grant. Footnote F2 states the 8,000 options are exercisable on May 1, 2027. Footnote F1 notes Peris also has 3,438 Restricted Stock Units (RSUs) granted May 20, 2025 that vest on May 1, 2027.

Key Details

• Transaction date: March 31, 2026; Form 4 filed September 16, 2026 (late filing).
• Reported transaction: 8,000 stock options granted (derivative), reported at $0.00 cash consideration.
• Vesting/exercise: Options become exercisable on May 1, 2027 (per F2); RSUs vest May 1, 2027 (per F1).
• Shares owned after transaction: not specified in the Form 4.
• Remarks: Exhibit 24.1 Power of Attorney was previously filed with Form 3 (Nov 7, 2023) and is incorporated by reference.
• Timeliness: This Form 4 was filed well after the March 31 transaction date (SEC Form 4s are normally due within two business days), so the public received delayed disclosure.

Context This filing reports an equity award (options) rather than a purchase or sale of shares. Awards like option grants increase potential future ownership if exercised but do not represent immediate cash proceeds or sales. Because the filing was late, the market received delayed information about the grant; no inference should be made about the director’s trading intent from the award itself.