Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans
Nortech Systems (NASDAQ: NSYS), a provider of engineering and manufacturing solutions for electromedical and electromechanical products, announced that CEO Jay D. Miller and CFO Chris Jones have adopted trading plans under Rule 10b5-1 to purchase shares of the company's common stock. These transactions will be documented via SEC Form 4 filings. Nortech aims to enhance digital connectivity and data management for its medical, industrial, and defense customers while fostering strong workplace relationships.
- CEO and CFO adopting trading plans indicates confidence in the company's future.
- Nortech specializes in critical markets like medical, aerospace, and defense, which are vital sectors.
- None.
Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced today that Chief Executive Officer Jay D. Miller and Chief Financial Officer Chris Jones have each adopted a prearranged trading plan under Rule 10b5-1 of the Securities exchange Act of 1934 to purchase shares of Nortech's common stock on the open market. Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for purchasing or selling specified amounts or value of stock. Mr. Miller and Mr. Jones’ purchase transactions will be reported via SEC Form 4 filings.
Nortech, in partnership with our medical, industrial and defense customers, uses intelligence, innovation, speed and global expertise to provide manufacturing and engineering solutions. This enables our customers to be leaders in digital connectivity and data management to achieve their business goals. Nortech strives to be a premier workplace that fosters valued relationships internally and in our communities.
About Nortech Systems Incorporated Nortech Systems is a leading provider of design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies, and components. Nortech Systems primarily serves the medical, aerospace & defense, and industrial markets. Its design services span concept development to commercial design, and include medical device, software, electrical, mechanical, and biomedical engineering. Its manufacturing and supply chain capabilities are vertically integrated around wire/cable/interconnect assemblies, printed circuit board assemblies, as well as system-level assembly, integration, and final test. Headquartered in Maple Grove, Minn., Nortech currently has seven manufacturing locations and design centers across the U.S., Latin America, and Asia. Nortech Systems is traded on the NASDAQ Stock Market under the symbol NSYS. Nortech’s website is www.nortechsys.com.
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