8-K
filed May 17, 2024, 7:59 PM ET
ticker NSYS
CIK 0000722313
other
confidence high
sentiment neutral
materiality 0.10
Nortech Systems shareholders elect directors, approve advisory pay vote, increase stock plan shares to 775,000
NORTECH SYSTEMS INC
- All eight director nominees elected: David Kunin 1,584,943 for; Ryan McManus 1,499,161 for; others similarly approved.
- Advisory vote on executive compensation passed with 1,576,442 for, 22,124 against.
- 2017 Stock Incentive Plan amended to increase reserved shares from 675,000 to 775,000 (1,562,149 for).
- Baker Tilly ratified as auditor for 2024 with 2,122,489 for, 314 against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NORTECH SYSTEMS INC shareholders approved Amendment to 2017 Stock Incentive Plan increasing shares reserved from 675,000 to 775,000 at the 2024-05-15 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
The shareholders approved an amendment to the 2017 Stock Incentive Plan increasing the shares of Common Stock reserved for issuance from 675,000 to 775,000.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NORTECH SYSTEMS INC shareholders approved Ratification of Baker Tilly US, LLP as independent auditor at the 2024-05-15 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
The shareholders ratified the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NORTECH SYSTEMS INC shareholders approved Election of eight directors to serve one-year terms at the 2024-05-15 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Kunin 1,584,943 22,055 533,798 Ryan P. McManus 1,499,161 107,837 533,798 Jay D. Miller 1,479,013 127,985 533,798 Amy S.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
NORTECH SYSTEMS INC shareholders approved Advisory approval of executive compensation at the 2024-05-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, as described in the Company’s proxy statement.
View on SEC.gov
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