---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006101"
form_type: "8-K"
ticker: "NSYS"
cik: "0000722313"
company_name: "NORTECH SYSTEMS INC"
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T06:04:03.393201+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Nortech board member Philip Smith will not stand for re-election at May 2023 meeting

## Summary
- Philip Smith notified the board on March 6, 2023 he will not seek re-election.
- His term ends at the May 10, 2023 annual shareholders meeting.
- Departure is not the result of any disagreement with the company.

## SEC filing metadata
- accession: 0001437749-23-006101
- form_type: 8-K
- ticker: NSYS
- cik: 0000722313
- company_name: NORTECH SYSTEMS INC
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/722313/000143774923006101/0001437749-23-006101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/722313/000143774923006101/nsys20230308_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006101
- JSON: https://secwatch.observer/filing/0001437749-23-006101.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006101.txt

## Key facts
- Executive change
  Philip Smith departed as member of the Board of Directors at NORTECH SYSTEMS INC.
  - Action: not stand for re-election
  - Role: member of the Board of Directors
  source text: On March 6, 2023, Philip Smith, a member of the Board of Directors (the “Board”) of Nortech Systems, Incorporated (the “Company”), notified the Board that he would not stand for re-election as a member of the Board for the 2023-2024 period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/722313/000143774923006101/0001437749-23-006101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.