Nortech Systems director McManus Ryan received 8,000 derivative securities on March 31, 2026. The award left the director with 8,000 derivative securities, and it represented about 100.0% of the resulting holding, a direct measure of the disclosed position in Nortech Systems.
Key Highlights
- The award was dated March 31, 2026.
- Transaction code A identifies the transaction as an award or grant.
- The resulting derivative-securities holding represented about 100.0% of the reported position.
Nortech Systems Inc. (NASDAQ: NSYS) awarded 8,000 derivative securities to director McManus Ryan on March 31, 2026.
8,000 Derivative Securities Awarded
Nortech Systems identifies McManus Ryan as a director. The post-transaction holding was reported at 8,000 derivative securities. The award date was March 31, 2026. The reported award and resulting holding carry the same 8,000 figure, with the latter describing the director’s position after the transaction.
Award Represents 100.0% of Resulting Holding
The transaction represented about 100.0% of McManus Ryan’s resulting derivative-securities holding. That percentage is measured against the director’s resulting holding in Nortech Systems. The disclosed position therefore consisted of 8,000 derivative securities after the award. The percentage applies to the director’s reported derivative-securities position.
FAQs
Q: What did McManus Ryan receive from Nortech Systems?
A: McManus Ryan received 8,000 derivative securities from Nortech Systems. The transaction was recorded as an award dated March 31, 2026.
Q: What percentage of the resulting holding did the award represent?
A: The Nortech Systems award represented about 100.0% of McManus Ryan’s resulting derivative-securities holding. The resulting holding was reported at 8,000 derivative securities.
Q: What does transaction code A mean in the Nortech Systems disclosure?
A: Transaction code A identifies an award or grant. In this case, it applies to the 8,000 derivative securities awarded to director McManus Ryan.
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