{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-000512","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2026-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.557060+00:00","generated_at":"2026-05-16T11:35:24.616193+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Nortech Systems appoints Andrew Walko as SVP Global Operations, replacing retiring John Lindeen","bullets":["Walko becomes SVP Global Operations effective Jan. 19, 2026, succeeding John Lindeen who retires in Q1 2026.","Base salary of $260,000, bonus target 40% of base, and 25,000 non-qualified stock options vesting over 5 years.","Walko brings executive experience from Sanuwave, Biomerics, and Minnetronix; will oversee U.S., Mexico, and China facilities.","Severance of 9 months base salary if terminated without cause or for good reason (or longer after change of control)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-000512","json":"https://secwatch.observer/filing/0001493152-26-000512.json","markdown":"https://secwatch.observer/filing/0001493152-26-000512.md","text":"https://secwatch.observer/filing/0001493152-26-000512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000149315226000512/0001493152-26-000512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000149315226000512/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:35:24.616193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}